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Jeremiah W. (Jay) Nixon, Governor
David Kerr, Director

DEPARTMENT NEWS

02/03/2010
DED awards $118,234 in Enhanced Enterprise Zone tax credits to Grandview business for jobs creation, new investment

02/03/2010
Department of Economic Development grants Enhanced Enterprise Zone designation to DREAM community Macon

02/03/2010
Department of Economic Development awards $309,241 in Youth Opportunities tax credits to two St. Louis service organizations

01/27/2010
DED awards $113,079 in Enhanced Enterprise Zone tax credits to Cuba business for jobs creation, new investment

01/27/2010
Noranda Aluminum, Inc. to receive $2.5 million in Development Tax Credits

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Spotlight on Missouri Business
Pro Energy Services headquarters in Sedalia
    Pro Energy Services headquarters in Sedalia

 

Pro Energy Services
Global Energy Company an asset to Pettis County economy

Sedalia- In 2006, a global energy company that does a significant amount of international business was considering relocating from its base in Atlanta. But for ProEnergy Services, an international presence didn’t automatically mean moving to another major U.S. city, nor did it mean moving operations to another country. Instead, ProEnergy chose Sedalia, Missouri, and in a span of just a few short years, the company’s impact on the Pettis County community has been profound.

ProEnergy Services is a third party service provider to the global energy industry. The company’s Renewable Services division provides customized services to assist renewable and alternative energy owners and manufacturers in generating and maintaining sustainable power.

"Our company was founded on the vision to provide service for every phase of a power plant project’s life cycle, from conception to long-term operations and maintenance," said John Stevens, Vice-President of Sales at ProEnergy.

That vision has been exceptional for Sedalia and the surrounding area. Since relocating from Georgia, ProEnergy has already brought 450 jobs to Sedalia, with over 150 independent contractors. ProEnergy’s success resulted in the company receiving the prestigious Governor’s Project of the Year Award during the Governor’s Conference on Economic Development in September 2009.

Economic incentives from the state of Missouri were instrumental in ProEnergy’s decision to relocate to Sedalia from Atlanta. For example, the Missouri Quality Jobs Initiative has leveraged the company’s ability to expand from a single facility to a spacious campus. The company received more than $3 million in Quality Jobs, as well as $5 million through the Missouri BUILD program and $500,000 in New Jobs Training. These incentives have aided the company’s expansion, which is ongoing. Upon full completion, the company will have 250 thousand square feet of facilities that will include a turbine controls facility, engine test cell, aero derivative turbine repair facilities, a packaging facility and warehouse.

Due to its central location, Sedalia has proven to be an excellent location for the business and a wonderful community for the employees and their families. And ProEnergy, whose owners Jeff and Cara Canon are originally from Missouri, has proven to be an asset to Sedalia.

"Their impact has been phenomenal," said Linda Crystal of Pettis County Economic Development. "From the high wages they pay to the type of corporate citizen they are, it’s very hard to put a dollar amount on that."

ProEnergy has proven to be just the kind of prosperous, innovative company that Governor Nixon has cited when discussing the need for Missouri to transform its economy, so that the state is embracing high tech and emerging industries. 21st century industries such as ProEnergy will lead the way as the state transitions into the economy of the future, an economy that will touch every corner of Missouri from the biggest cities to the smallest towns, and everywhere in between.

"In small communities like Sedalia, the presence of a major manufacturing facility, especially one that is part of cutting edge technology like ProEnergy, provides a tremendous boost to the local economy," said David Kerr, Director of the Missouri Department of Economic Development. "ProEnergy has been a great corporate citizen in Sedalia, and we wish them nothing but the best during their continued expansion."

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For more information on the Missouri Department of Economic Development, visit http://www.ded.mo.gov.

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