Seyer Industries to expand St. Peters facility with $26.5M bond financing

The St. Peters Board of Aldermen approved issuing up to $26.5 million in industrial revenue bonds to finance a 50,000-square-foot addition and manufacturing equipment for Seyer Industries. The expansion is expected to create 125 jobs and cost $6 million for the addition and $19.5 million for equipment.

“The project is to benefit Seyer Industries, a company that assembles products for the aerospace and maritime industries.”midriversnewsmagazine.com

• 1 source
• midriversnewsmagazine.comSt. Peters signs off on bonds to support expansion of aerospace company | St. Charles County News | midriversnewsmagazine.comBrian Flinchpaugh, Kate UptergroveJan 5, 2018

Summarized from public sources; check the original articles before acting on it.