Hampton Alternative Energy Products, recently held their ground breaking ceremony on a new electric generation plant in Triplett Missouri. Jimmy Daniels, Secretary/Treasurer of the Hampton Corporation said that manure will be collected from 2,400 head of cattle and made into methane gas which will be captured and run through a generator set to produce electricity. The electricity will be used to power the Hampton operation with excess electricity being sold to Kansas City Power and Light. The process will also produce a byproduct similar to peat moss which will be marketed. The project involves a $4.5 million dollar investment and is expected to create six new FTE jobs over the next four years. Daniels added, “The project will help the environment and we just think it’s the right thing to do.”
According to Corey Mehaffy, President of Moberly Area Economic Development Corporation, the Hampton project is very exciting for Chariton County. Mehaffy said, “This is exactly the type of project the Commissioners and MAEDC envisioned for the County when we established our partnership in 2009. This is one of the first projects of this type in Missouri, and Chariton county is leading the way.”
CVTV and St. Louis Public Radio have interviewed Corey Mehaffy about the recent Mamtek development deal. Corey discusses the economic impact of this deal on Moberly and Missouri.
Listen to the radio interview (click here) where Corey was joined by Bob Holden, the former Governor of Missouri, Thomas Smith, Chief Executive Officer of Capital Business Development Associates, and Bruce Cole the CEO and Chairman Mamtek International.
Moberly, MO. – The Missouri Department of Economic Development has announced approval of state tax credits for a Triplett business under the Enhanced Enterprise Zone (EEZ) program to assist in the creation of new jobs and investment in Chariton County. Hampton Alternative Energy Products, LLC an affiliate of Hampton Feed Lot, Inc has been approved for $119, 204 in EEZ tax credits over a five-year period.
According to Corey Mehaffy, President of Moberly Area Economic Development Corporation, the Hampton project is very exciting for Chariton County. Mehaffy said, “This is exactly the type of project the Commissioners and MAEDC envisioned for the County when we established our partnership in 2009.” Mehaffy added, “One of our first tasks in our efforts in Chariton County was to establish a County-wide Enhanced Enterprise Zone in an effort to both attract new business investment to the County as well as encourage existing businesses to expand their operations. The Hampton project is the first to receive benefit under the EEZ program in Chariton County and I am excited about the activity we are experiencing in the County.” Chariton County Presiding Commissioner Tony McCollum added, “The Hampton project is an example of the importance of having an active economic development effort for the County as well as having key economic development tools like the EEZ in the toolbox. This is yet another example of growth that can occur when the public and private sectors work together to create new investment.”
New Markets, Government Contracts, Export and Emerging Industries
Community News
Written by Tina Bealmer
FOR IMMEDIATE RELEASE
CONTACT:Shelby Crow University of Illinois Extension 217/223-8380/
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
(JULY 26, 2010)The Tri-State Development Summit Task Force is now accepting registrations for:
New Markets, Government Contracts, Export and Emerging Industries
an event for entrepreneurs and business owners
Committee member Eric Thomas stated that “This event will be a great forum to hear from and talk to state, local, and federal government representatives on financing for your business, working with governmental agencies and opportunities in new markets. We’re also excited that leaders from the community will be on hand to discuss their stories on entrepreneurship and the challenges small business owners and entrepreneurs face today.”
Three sessions will be held to accommodate entrepreneurs in all 35 counties of the Tri-State Development Summit.
Tuesday, August 17th – Quincy, Illinois (Microtel - 200 South 3rd Street)
Wednesday, August 18th – Mt. Pleasant, Iowa
(SouthEastern Community College - 200 North Main Street)
Speakers will cover Financial Assistance, Export Assistance, Selling to the Government and New Markets.
Cost for the event is $15 which covers the cost of lunch and morning refreshments.Registration will begin on July 26th.Each session will begin at 9:30 a.m. with registration and will conclude at 1:00 p.m.Click the following link to register on-line for this event https://webs.extension.uiuc.edu/registration/?RegistrationID=4837
This event is a product of the Tri-State Development Summit Entrepreneurship Task Force. Please visit www.tristateofmind.org for more information on the Tri-State Development Summit.
The Moberly Area Economic Development Corporation is dedicated to economic development in Randolph County and Chariton County and Moberly Missouri. We also promote Missouri economic development efforts state wide.
Hampton Alternative Energy Products, recently held their ground breaking ceremony on a new electric generation plant in Triplett Missouri. Jimmy Daniels, Secretary/Treasurer of the Hampton Corporation said that manure will be collected from 2,400 head of cattle and made into methane gas which will be captured and run through a generator set to produce electricity. The electricity will be used to power the Hampton operation with excess electricity being sold to Kansas City Power and Light. The process will also produce a byproduct similar to peat moss which will be marketed. The project involves a $4.5 million dollar investment and is expected to create six new FTE jobs over the next four years. Daniels added, “The project will help the environment and we just think it’s the right thing to do.”
