COLUMBIA - Swift Prepared Foodsâ application for tax incentives to build an Italian meats plant on Paris Road that would employ 251 people won the unanimous approval of the Boone County Commission on Thursday.
The company plans to invest $150 million to build a 275,000-square-foot plant that will begin production in the third quarter of 2022, Swiftâs Matt LaFollette told the commission Tuesday, when it held a first reading of a measure accepting the recommendation of the Chapter 100 Review Panel that the incentives be approved. It also plans a $35 million, 50,000-square-foot expansion of the plant in its third and fourth years.
The plant would be built on 80 acres at 5008 Paris Road in an industrial corridor that already includes Schneider Electric Square D, 3M, Aurora Organic Dairy and Kraft Foods.