DED - Missouri Department of Economic Development

11/20/2024 | Press release | Distributed by Public on 11/20/2024 14:11

General Mills to expand in Hannibal, creating more than 35 new jobs

General Mills, a leading global food manufacturer, announced today that it will expand its manufacturing facility in Hannibal, creating more than 35 new jobs. The company's expansion includes the addition of an Old El Paso hard-shell taco production line, increased square footage, and infrastructure improvements.

"General Mills' expansion in Hannibal is another example of our state's status as a prime destination for world-class manufacturers," said Governor Mike Parson. "This company's more than 50-year presence in northeast Missouri speaks to the region's ability to support quality employers and drive economic growth.

General Mills' manufacturing facility in Hannibal produces food products across multiple categories and brands, including Nature Valley, Betty Crocker, Old El Paso, and Progresso. The company's Hannibal location has been in operation since 1972 and has undergone multiple expansions to now employ more than 1,000 people.

"Hannibal is a key manufacturing facility for General Mills and this latest investment will enable us to expand our footprint and grow our plant community," said Tim Johnson, General Mills Plant Manager. "We are extremely proud of our contributions to the local community and look forward to what the future has in store."

"DED is pleased to support General Mills as it continues to grow and help Missourians prosper in Hannibal," said Michelle Hataway, Director of the Department of Economic Development. "We're thrilled that General Mills is continuing to thrive and create good-paying jobs for Missourians and their families."

New jobs added as part of General Mills' expansion will pay an average wage well above the county average.

For this expansion, General Mills will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company may receive assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.

What others are saying

"We are thrilled to see General Mills continue to invest in the Hannibal plant," said Maria Kuhns, Executive Director of the Hannibal Regional Economic Development Council. "This expansion is yet another chapter in a history of collaboration between General Mills and local and state governments to bring quality jobs and investment to our community. General Mills is an integral part of the Hannibal region, and we're proud they recognize Hannibal's long-term potential and continue to make it a key part of their success."

About General Mills

General Mills makes food the world loves. The company is guided by its Accelerate strategy to boldly build its brands, relentlessly innovate, unleash its scale and stand for good. Its portfolio of beloved brands includes household names like Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Totino's, Annie's, Wanchai Ferry, Yoki, and more. General Mills generated fiscal 2024 net sales of U.S. $20 billion. In addition, the company's share of non-consolidated joint venture net sales totaled U.S. $1 billion.

To learn more about General Mills, visit generalmills.com.

About the Missouri Department of Economic Development

The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri's businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.

For the latest updates on DED's current or future programs and initiatives, visit DED's website.

About the Missouri Works Program

As the state's number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.

About Missouri One Start

Missouri One Start is the state's premier workforce recruitment and training division. It helps eligible businesses of all sizes stay competitive by providing customized recruitment assistance, along with resources to train and upskill new and existing employees. Its recruitment strategies and training programs are tailored to the specific workforce needs of the businesses it serves.

About Hannibal Regional Economic Development Council (HREDC)

HREDC is a nonprofit, public/private partnership that works to promote new investment in Marion and Ralls Counties in an effort to increase the quality of life of citizens.

To learn more about HREDC, visit hredc.com.