DED - Missouri Department of Economic Development

12/09/2024 | Press release | Distributed by Public on 12/09/2024 13:13

Central Power Systems & Services to expand in Platte City, investing more than $28.5 million and creating 245 jobs

Central Power Systems & Services, a power generator manufacturer, announced today that it will expand in Platte City, investing more than $28.5 million and creating 245 jobs. The company's expansion includes the addition of a hands-on training center with state-of-the-art equipment, machinery to allow for increased production capabilities, and more space for future growth.

"Central Power Systems & Services' significant expansion in Platte City is another example of a leading manufacturer choosing Missouri as a place to grow," said Governor Mike Parson. "This company's success in our state is bringing even more investment and good-paying jobs to the thriving Kansas City region. We congratulate Central Power Systems & Services as the company continues to benefit from our low costs, ideal infrastructure, and skilled workforce."

Central Power has created solutions for power generation since 1954. Today, the company operates across 22 locations with 500 employees nationwide. Central Power specializes in the manufacturing and assembly of natural gas and diesel generators in addition to maintenance and rental services of generators and other heavy equipment, including industrial engines, construction and agricultural equipment, and more.

"Central Power has been building custom designed products within the area for over a decade, and we are honored to have the opportunity to continue to grow within our Platte County community," said Paige Roberts, Director of Marketing for Central Power. "Our leadership team is comprised of individuals who have an extensive background in diesel repair, and our company values are centered around doing what is right and taking care of our team members. We look forward to bringing these values to the Platte City community, along with bright career options and technical training programs! We thank everyone for the tremendous support we have received already."

Central Power utilizes its established relationships with top-tier manufacturers to ensure quality in every project while its certified fleet of diesel technicians ensures customer satisfaction.

"DED is pleased to support Central Power Systems & Services as it brings new opportunities to Platte City," said Michelle Hataway, Director of the Department of Economic Development. "We're excited to see manufacturers continuing to help Missourians prosper in the Kansas City region and beyond through investment and job creation."

New jobs added as part of Central Power's expansion will pay an average wage well above the county average.

For this expansion, Central Power 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

"The City of Platte City is excited to welcome Central Power as a very strong tenant to the new Platte International Commerce Center business park," said Platte City Mayor Steven Hoeger. "The project will create 245 new jobs while also creating an innovative partnership with the Platte County R-3 School District allowing local students the opportunity to learn professional skills and secure positions in the future. The project truly is a significant win for both Central Power and Platte City."

"We are thrilled Central Power Systems & Services has expanded in Platte County," said Tina Chace, Executive Director of Platte County Economic Development Council. "It has been a pleasure collaborating with them and VanTrust Real Estate to maintain Central Power's strong presence in the Northland. This expansion highlights the company's confidence in our region as a thriving hub for business growth, bringing valuable opportunities and continued development to our community. We look forward to celebrating Central Power's success in their new home."

About Central Power Systems & Services

Central Power is a privately and locally owned business with deep roots in the diesel industry dating back to 1954. No matter the situation, the company has solutions for power generation, power distribution, industrial engines, construction and agricultural equipment, custom manufactured projects, and on-highway transportation service. As a dynamic and ever-growing company with 500 dedicated employees and 22 locations, Central Power represents a wide range of top-tier manufacturers and brings those relationships right to customers' doors.

To learn more about Central Power, visit cpower.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.