Elite Tool and Swafford-Kientzy Machine & Fabrication announce expansions in Lincoln County, investing a total of more than $30.25 million and creating 36 new jobs
June 18, 2024
Lincoln County, Mo. — Elite Tool and Swafford-Kientzy Machine & Fabrication (SKMF) announced today that they will both expand in Lincoln County, investing a combined total of more than $30.25 million and creating a total of 36 new jobs.
“We’re proud to see businesses like Elite Tool and Swafford-Kientzy Machine & Fabrication growing in our state,” said Governor Mike Parson. “Expansions like these highlight the value of Missouri’s skilled workforce, superior infrastructure, and ideal business climate. We look forward to the continued success of both companies as they invest and create new jobs in Lincoln County.”
Elite Tool, a lean contract manufacturer offering quality manufacturing solutions, will expand at a new location in Moscow Mills, investing $30 million and creating 32 new jobs. The new 120,000-square-foot, state-of-the-art facility will increase the company’s efficiency and ability to keep up with customer needs. Elite Tool takes pride in community involvement that includes working closely with local high schools and Ranken Technical College. The company is dedicated to helping educate youth about the importance and need for skilled trade jobs.
“We are truly blessed with the abundant opportunities that continue to flow through our doors,” said Frank Roth IV, Owner of Elite Tool. “These opportunities, whether it be new customers, projects or skilled employees, afford us the ability to continue to invest in Elite Tool and our local community.”
Swafford-Kientzy Machine & Fabrication (SKMF), an industry leader in machining and custom metal fabrication, will expand in Troy and increase its workforce by 25%. Increased demand for the company’s custom metal work created a need for its expansion and new equipment. Operating with more than 20 years’ experience in the machine and fabrication industry, Swafford-Kientzy Machine & Fabrication (SKMF) offers a variety of products and services to meet customers’ metal needs. The company proudly works with local companies, supports the local schools and FFA programs…CONTINUE READING