Springfield Manufacturer Buckhorn to Add 80 Jobs
Dec 18, 2009
Springfield area manufacturer Buckhorn Inc. has announced plans to create 80 new jobs with plans to hire over half the employees immediately. This expansion at Buckhorn in Springfield is a result of an increase in business and a consolidation of the company’s plants with production from Kentucky moving to Springfield.
Springfield competed with multiple locations outside of the state for the expansion project, which will result in $6.5 million in capital investment in the area.
“The fact that our community secured the project says a lot about the economic environment of the Springfield area,” says Randell Wallace, president of the board of the Springfield Business Development Corporation, the economic development subsidiary of the Springfield Area Chamber of Commerce. “It shows that the Springfield area is recognized as a smart location for doing business. These are the kind of expansions that demonstrate that our community is experiencing economic growth.”
Buckhorn is located in Springfield’s Partnership Industrial Center. The company specializes in plastic injection molding and currently employs 160 people.
A contributing factor in Buckhorn’s decision to expand in Springfield was the opportunity to take advantage of Missouri’s Enhanced Enterprise Zone Tax Credit. The program rewards job creation and investment with state tax credits for companies operating within the boundaries of an Enhanced Enterprise Zone, like Springfield’s Partnership Industrial Center.