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Miss. Tooling Company Expands, Adds 125 Jobs

Mon, 06/06/2011 - 9:44am

LEBANON, Mo. (AP) — Detroit Tool and Metal Products is nearing completion of its first expansion, which is creating 125 jobs.

Missouri Gov. Jay Nixon said in a release that the company, based in Lebanon, is planning a second expansion that will add 75 more jobs.

Detroit Tool and Metal Products' first expansion consolidated a former facility in Iowa with its existing operation in Lebanon. The company's second expansion will involve building a 35,000-square-foot addition.

The state gave the company a $3.1 million economic incentive package. The company makes components for a variety of major industries, including appliance, agriculture and consumer products.

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