The Missouri Department of Economic Development this week announced that AIM member Moore Gear and Manufacturing Company will invest $1.8 million into its facility in Hermann and add 34 jobs in the next five years.
The company makes custom gears and gear racks for industrial, agricultural, machine tool, and commercial markets throughout North America. The company was founded in St. Louis in the 1930’s and moved to Hermann in 1987. The company investment will increase the facility by 17,500 square feet.
Bill Haag, Sr., Moore Gear President and CEO, attributes the company’s success to the highly skilled employees working at the facility and looks to continue to grow employment opportunities at the Hermann location. The company has nearly doubled its employment since 2008.
“The city’s commitment to creating a pro-business climate while tackling the difficult challenges facing many rural communities motivated us to make this investment in Hermann,” Haag said.
This is the second time in just six years Moore Gear has expanded in Hermann. In 2009, the company added 21,000 square feet to its campus to accommodate for additional production and shipping capacity.
“The City of Hermann is delighted to announce the expansion of the Moore Gear production facility in Hermann,” said Hermann Mayor Tom Shabel. “Moore is a leading employer in Hermann and this expansion will create additional jobs in our city. We are gratified by the confidence Moore Gear has for the future of their business in Hermann.”
The Hermann Regional Economic Development Corporation and the Missouri Department of Economic Ddevelopment also partnered with Moore Gear to make its expansion possible. Associated Industries of Missouri congratulates Moore Gear on this expansion and thanks them for their continuing investment in infrastructure and employment in Missouri.