Peerless Products Inc., a manufacturer of commercial and architectural windows, announced that it will invest $3.5 million to expand its Nevada, Mo., operations. The expansion will create 111 new jobs and increase the company’s production capacity at its existing Nevada facility, which is used for warehousing, manufacturing and research and development.
“It’s exciting to see Peerless Products growing in Nevada, and we look forward to the positive impact its success will have on the community,” Governor Mike Parson said. “Our state’s pro-growth business environment is resulting in investments that make real differences in the lives of Missourians. We’re proud to support companies like Peerless as we continue our focus on developing a strong workforce, improving critical infrastructure, and creating opportunity.”
Peerless has operated in Nevada since 2019 and employs more than 40 people as part of its sales, marketing and logistics team. In addition to adding 111 new jobs, the company’s expansion includes investment in new machinery and equipment. Renovations of Peerless’ 220,000-square-foot Nevada location are underway to update the space and ensure readiness for the company’s continued growth. The company plans to host an open house and ribbon-cutting ceremony later this year.
“We have expansions in the manufacturing side of things that we have to develop into, and this facility is going to give that opportunity,” said Jeremiah Richards, innovative solutions director for Peerless. “Western Missouri, Eastern Kansas, these are places that have hardworking people that build good quality products. I think over the course of this year, the facility, getting it back up to standards to be a manufacturing plant is the goal, and with that comes certain aspects. Right now, it’s a finished goods facility only. In the next 60 days, we hope to make it somewhat of a raw goods facility.”
Peerless used the Missouri Works program for the expansion, which is a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.