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Plastics plant to bring approximately 70 new jobs to Jefferson City

The Jefferson City Chamber of Commerce has announced Axium Plastics will open a manufacturing plant in the Capital City. (Axium Plastics)

Approximately 70 new jobs are coming to Jefferson City. The Jefferson City Chamber of Commerce has announced Axium Plastics will open a manufacturing plant in the Capital City. The company designs and manufactures plastic bottles.

The Jefferson City Chamber of Commerce said the company evaluated several communities including St. Louis, Kansas City and Chicago before selecting Jefferson City. Axium Plastics will occupy the Chamber owned speculative building on Shamrock Road located in the Partnership Business Park. The shell building is 50,000 square feet, and the company is adding an additional 75,000 for a total of 125,000 square feet.

The Chamber constructed the building as an economic development tool to recruit new business to the area. Historically, the building has been made available at a reduced price for new and existing companies depending on the project specifications, the jobs created and an economic benefit to the community.

The City of Jefferson authorized the Chamber to negotiate a tax abatement on real and personal property. The Chamber has completed return on investment (ROI) calculations for the project that indicate a net return to the City, County and Jefferson City School District of $1.9 million over the next ten years. The calculation assumes a total of $1.1 million of abatements over the 10 year period.

Axium is headquartered in Columbus, Ohio. It also has manufacturing locations in Lawrenceville, Georgia; Ontario, California and Mississauga, Ontario.

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