Doyle Equipment Manufacturing and Riverview Manufacturing, both manufacturers of dry fertilizer handling equipment based in Palmyra, Mo., announced on May 6 that they are launching a joint expansion in Palmyra that will add 80,000 square feet of production space for an estimated investment of $1 million.
“By increasing manufacturing space for our Tender Product Lines and Automated Blending Systems, we will be creating new jobs in Marion County,” said Doyle Enterprises President Monty Doyle. “That means more people who will stop at local gas stations going to and from work, eat in local restaurants over lunch breaks, and shop at local stores when heading home. We have also seen more and more Illinois employees moving into Marion County.”
The two companies said the expansion will add 30 jobs to meet increased product demand. Positions for the new jobs include production assembly, production welding, fabrication, machining, product design, service, maintenance, and sales. The project will expand Doyle’s operations to more than 240 employees with 275,000 square feet of production space.
“Our state’s positive business climate continues to attract significant investment from leading manufacturers like Doyle Manufacturing and Riverview Manufacturing,” said Missouri Gov. Mike Parson. “By focusing on keeping costs low, strengthening our workforce, and investing in infrastructure, we’re helping create quality jobs. The success of these two companies is great news for our state and Missourians in Palmyra and beyond.”
For their expansion, Doyle and Riverview used the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The project is also supported by the Hannibal Regional Economic Development Council (HREDC) and Marion County, among other public and private partners.
“We’re pleased to see both Doyle Manufacturing and Riverview Manufacturing expanding their operations and creating more opportunities for Missourians,” said Maggie Kost, Acting Director of the Department of Economic Development. “This project is a testament to Missouri’s advantages, as well as the ability of our state’s economic development partners to deliver what businesses need when expanding. The growth of these companies will have a positive impact on their local economy that will benefit residents of Marion County for years to come.”