RANAR Screen Printing Equipment Inc., a manufacturer of screen-printing equipment, announces its relocation to Union, Missouri. The project adds eight new jobs to a 23,000-square-foot facility used for warehousing, manufacturing, and research and development.
“RANAR Screen Printing Equipment’s relocation to Union is great news for our state,” says Governor Mike Parson. “It’s important to attract new employers to our state while helping ensure the continued growth of existing businesses and communities. We welcome this company to Missouri and look forward to seeing it succeed.”
The company heads to Missouri after more than 50 years of operation in Southern California. In addition to adding new jobs, the company plans to make significant investments in new machinery and equipment. The company plans to host an open house and ribbon-cutting ceremony in late 2022.
“Manufacturing facilities have been leaving Missouri for years,” explains RANAR’s VP Jeremy Bright. ”We are proud to help reverse that trend by increasing manufacturing jobs in Missouri and the U.S. overall.”
For this expansion, RANAR used the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. It’s also participating in Rural Works, which requires a minimum creation of two jobs and a minimum capital investment of $100,000.
“We’re thankful for this commitment from RANAR and the impact it will have on the local community,” adds Michelle Hataway, director of the Regional Engagement Division. “RANAR’s investment is a welcome addition to Union and our state’s vibrant manufacturing sector. We’re excited to see this company continue to grow here in Missouri.”