Homegrown Expansion . . . - The Missourian: Opinion

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Homegrown Expansion . . .

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Posted: Saturday, July 20, 2013 6:32 pm

The approval of the issuance of bonds for Melton Machine & Control expansion is what today is called a “no-brainer.” The Washington City Council approved $5 million in tax exempt bonds for the company that is expanding and moving a company it acquired into the former Harman plant in the Heidmann Industrial Park.

The Melton expansion is a prime example that points to job growth through expansion programs by our existing industries. We don’t have exact numbers, but we’d wager that the majority of new jobs created here and elsewhere in this area have come from industries through their expansion programs over a number of years. For instance, Melton has been in Washington since 1975. The company, which now is employee owned, was founded in St. Louis in 1970. Over the years, Melton has had steady growth.

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