Swift Prepared Foods, a consumer packaged-goods company and subsidiary of leading global food company, JBS USA, opened its new $68 million facility in Moberly. The new facility will produce ready-to-eat, fully cooked bacon, and is expected to create nearly 200 new jobs in the region.

This is the company’s sixth facility in the country.

Swift Prepared Foods highlighted Moberly’s strategic location as well as support from the community and state as key reasons for its decision to expand in the region.

“Moberly and Randolph County are fortunate to welcome such a quality employer to our area,” Moberly Area Economic Development Corporation President Michael Bugalski said. “We extend our sincere thanks to Swift Prepared Foods for choosing our community for this substantial investment. We look forward to a long relationship with Swift Prepared Foods and are thankful for the opportunity to bring new jobs and investment to the area.”

“Missouri is a great place to do business. With modern energy laws, we are partnering to attract businesses and job growth to our state, such as with the new Swift Prepared Foods facility in Moberly,” said Marty Lyons, president of Ameren Missouri. “In Missouri, new and expanding businesses can get one of the best economic development rate incentives in the country. It’s just one way we are helping communities with the Ameren Missouri Smart Energy Plan.”

“We are thrilled that Swift Prepared Foods chose to invest in Missouri,” Missouri Partnership CEO Subash Alias said. “Missouri Partnership was honored to partner with Austin Consulting, and our friends at the Moberly Area Economic Development Corporation, Ameren Missouri, Missouri Department of Economic Development, and the Missouri Development Finance Board to bring this project to Missouri.”

Swift Prepared Foods used the Missouri Works program, an incentive tool to help companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. Swift Prepared Foods is also partnering with Missouri One Start, which will provide the company with workforce recruitment and training assistance tailored to meet their specific needs. The BUILD program, a program that helps companies embark on major investment and job creation expansions, was also used by the company.