St. Joseph City, MO to Vote on Allocating Bonds Totaling $ 6.5M Towards Lifeline Foods Expansion

Brooke Anderson, KQ2.com Bakery December 3, 2019

St. Joseph City Council has a full agenda for Monday night’s meeting at City Hall, including allocating bonds towards an Industrial Development Project.

The ordinance (#612-18) authorizes the City to issue its Taxable Industrial Development Revenue bonds in a principal amount not exceeding $6.5 million to Lifeline Foods’ expansion project. LifeLine Communication Specialist Melissa Chesnut said the company is building a second mill for its masa flour production.

The project, costing the company a total of $12 million, will create 13 new jobs with an annual salary of $60,000. A majority of the 13 jobs will be for operator roles.

To read the rest of the story, please go to: KQ2.com

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LifeLine Foods will make a significant investment this year at our St. Joseph headquarters. This fall, Lifeline will expand its masa flour production by adding a second mill. The project includes $5.5 million in existing building improvements and $6.5 million in new machinery equipment, for a total project of $12 million. …