Damotech to expand in Moberly, investing more than $2.4 million a…

Damotech,North America's leading rack safety solutions provider, announced today that it will expand in Moberly, investing more than $2.4 million and creating 50 new jobs. The company's expansion will support its growing demand for engineered rack repair kits and protection products.

"We are proud to see Damotech deepen its commitment to Moberly by investing in new job creation," said Governor Mike Kehoe. "Damotech is a strong example of an innovative employer that has chosen Missouri as the ideal place to grow."

Damotech's expansion will provide better equipment and tools for its team, prioritizing employee safety and efficiency while reducing training time on complex practices. Additionally, logistics will be improved through this expansion to ensure faster order fulfillment for U.S. customers.

"This expansion marks an exciting new chapter for Damotech in Moberly," said Jerod Newcomb, General Manager for Damotech. "We are proud to deepen our roots in this community while investing in new technologies that allow us to better serve our U.S. customers. The talent and support we have found here in Missouri have been instrumental to our growth."

Damotech offers innovative and durable solutions to ensure the safety and longevity of warehouse racking systems. The DAMO PRO, the company's flagship repair kit, sets the industry standard with its unmatched durability and lifetime warranty, making it the trusted choice for businesses nationwide.

"Damotech's expansion in Moberly is exciting news for Missouri's fast-growing manufacturing industry," said Michelle Hataway, Director of the Missouri Department of Economic Development. "The company's commitment to excellence, innovation, and safety aligns perfectly with our mission of helping Missourians prosper."

Damotech acquired Mac Rak in 2023, unifying both brands and product offerings. Now part of Damotech, Mac Rak's expertise and legacy continue to strengthen the industry's most comprehensive suite of rack safety solutions.

For this expansion, Damotech 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.

What others are saying

"We are thrilled to see Damotech's continued growth in Moberly," said Kaylee Paffrath, President and CEO of the Moberly Area Economic Development Corporation. "Their investment strengthens our local economy and showcases what is possible through strong partnerships between businesses and the community."

About Damotech

Founded in 1989, Damotech is North America's largest pallet rack safety solutions provider. The company is renowned for its rack repair kits, warehouse protection products, and rack engineering expertise (compliance inspections, load capacity calculations, and safety training). With an unwavering focus on safety and efficiency, Damotech partners with warehouse owners and managers to protect their investments and ensure regulatory compliance.

To learn more about Damotech, visit Damotech.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.