American Foods Group (AFG) has broken ground on its new beef processing facility near Wright City, in Warren County, Missouri, US.
The project is anticipated to create $1bn in annual economic impact in Missouri.
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Missouri Governor Mike Parson said: “As a third-generation farmer and cattleman myself, I am proud to welcome AFG to Missouri. This is a major development that will benefit Missouri’s agricultural producers and consumers for years to come.”
American Foods Group president and COO Steve Van Lannen said: “Today marks the start of our future in Warren County, Missouri, the addition of industry-needed hook space and fulfilling the needs of our customers, partners, and consumers for beef demand.”
The company is investing $800m in the 775,000ft2 facility.
AFG intends to create more than 1,300 new jobs in the region with an annual payroll of about $80m.
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By GlobalDataIT employs above 4,500 people in the US.
The company evaluated multiple places for the latest facility before deciding on Wright City.
The facility is expected to process 2,400 cattle per day.
By the end of 2024, the company expects the facility to be fully operational.
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Image: State and local officials join American Foods Group to break ground on the new $800m facility. Credit: Missouri Partnership/ American Foods Group/PRNewswire.
