A tankful of new jobs
Image courtesy of Stainless Technology
Stainless steel, biopharmaceutical tank maker Stainless Technology has announced plans to expand its operations in Springfield. The move will create 88 new jobs, according to a press release from the Missouri Department of Economic Development.
Stainless Technology, a division of ABEC Inc., has been operating in Springfield for more than 30 years. The company manufactures and supplies high-quality stainless steel tanks and vessels for the biopharmaceutical industry. Its innovative products have prompted a significant increase in sales. To meet increased demand for its products and accommodate expected future growth, Stainless Technologies is planning to expand its current facility by up to 75,000 square feet and hiring additional employees.
“Missouri has been a great place to do business and we’re excited to be expanding in Springfield,” said Scott Pickering, president and CEO of ABEC Inc. “Here we have access not only to a highly skilled workforce, but a growing client base as well. Being located in Missouri has really allowed us to grow our company quickly and produce the quality product that our customers expect.”
To assist Stainless Technology with its expansion, the Department of Economic Development and the city of Springfield have authorized a strategic economic incentive package that the company can receive if it meets strict job creation and investment criteria.