Peerless Products to Expand in Nevada
Windows and doors manufacturer Peerless Products, Inc., recently announced it will expand in Nevada, investing $3.5 million and creating 111 new jobs. Peerless’ expansion will increase the company’s production capacity at its existing Nevada facility used for warehousing, manufacturing, and research and development.
Peerless has operated in Nevada since 2019 and employs more than 40 people as part of its sales, marketing, and logistics team. In addition to adding 111 new jobs, the company’s expansion includes significant investment in new machinery and equipment. Renovations of Peerless’ 220,000-square-foot Nevada location are underway to update the space and ensure readiness for the company’s continued growth. For this expansion, Peerless used 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.
For the latest updates on DED’s current or future programs and initiatives, visit DED’s website. Learn more about Peerless at peerlessproducts.com.
