Tracker Marine has announced the company is spending in excess of US$15 million to expand two of its manufacturing facilities in Lebanon, Missouri.
The expansion will add 76 new jobs at Tracker's aluminum and plastics factories in Lebanon, which collectively employ more than 600 people. The aluminum plant was built more than 30 years ago and currently produces fishing boats and pontoons. The second facility was purchased in 2007, and produces plastic kayaks sold under the Ascend brand name, as well as marine parts and fuel tanks for other Tracker boats.
Tracker plastics plant manager Derek Fritz was quoted in local media as saying the expansion will add 50,000 square feet of new production space in order to support plastic kayak production. "We are extremely excited as a company to see our company continue to strengthen and grow,' he said.
The State of Missouri has authorized more than $450,000 in tax credits for the project.
This has been an eventful year for Tracker Marine's Lebanon-area plants. Tracker's boat manufacturing was damaged in March after being hit by a tornado.