Governor Mike Parson joined Economic Development Sedalia-Pettis County on Thursday, July 22 for a new industrial-company announcement.

WireCo WorldGroup Inc. announced it is investing $15 million over the next five years to expand production capabilities in its Sedalia facility. The facility currently employs more than 160 individuals, and this expansion will result in the creation of 18 new jobs.

WireCo employs hundreds of Missourians in primarily rural parts of the state. The company is a world leader in manufacturing, engineering and distribution wire rope, synthetic rope, electro-mechanical cable and crane cables.

According to a press release, these products are instrumental in the industrial and infrastructure end markets, crane and rigging, oil and gas, and mining industries. In addition to WireCo’s manufacturing facility and distribution center in Sedalia, WireCo WorldGroup has two other facilities in Missouri located in Chillicothe and Kirksville.

Officials say WireCo flagship manufacturing facility – in Pettis County – has employed workers for more than 40 years.