Processing Magazine

Kraft to Invest $9 Million, 50 Jobs in Missouri City

February 24, 2010

According to the Associated Press, the Springfield Area Chamber of Commerce says Kraft Foods Inc. plans to invest $9 million in two new manufacturing lines in the Springfield area. The company says the investment will bring 50 jobs to the area within the next six to nine months. The jobs will include wages higher than the county average and benefits. The state has given a Kraft $390,000 tax credit for the investment and new jobs. The credit is part of the Missouri Department of Economic Development''s Enhanced Enterprise Zone program.