A warehouse safety company is expanding its operations in Moberly. Damotech plans to invest more than 2.4 million dollars and add 50 new jobs to support growing demand for its rack repair and protection products.
The company says the expansion will improve logistics, speed up order fulfillment, and provide updated tools for employees. The company will receive support through the Missouri Works program, which offers tax incentives for businesses that create jobs.
Local and state officials welcomed the news, citing the economic impact of new investment and job growth in the region.