Press Releases
Fidelity Bonding Demonstration Grants provide incentives for employers to hire and retain at-risk employees. Funds from this grant will be used to increase employment outcomes for formerly incarcerated individuals and educate employers on the benefits of the Federal Bonding Program. Since 2006, Missouri issued $1.5 million in fidelity bonding, serving more than 125 companies and 200 individuals.
TMS International will hire approximately 15 new employees and make a significant investment to construct its new facility in Sedalia. These new positions include heavy equipment operators, mechanics and management personnel. For more information, job seekers can visit www.tmsinternational.com.
Each year, the program helps generate private funds to establish a protective facility-based or virtual environment (incubator) and provide small businesses with support and resources to operate. This type of working environment fosters growth and development during a business’s early stages.
Masa is a corn flour product commonly used to make tortillas, taco shells, tamales and other Mexican dishes. The project includes $5.5 million in existing building improvements and $6.5 million in new machinery equipment for a total investment of $12 million.