MEXICO, MO – RDP awarded NMTC allocation to Western Smokehouse Partners (WSP) as they expand operations to Mexico, Missouri. The expansion will create 377 new jobs and spur much needed economic development. Other NMTC partners include Heartland Renaissance Fund, Mid-City Community, and Capital One (Investor).
New Markets Tax Credits were instrumental in WSP’s decision to expand to this region, enabling them to accelerate the scale and timeline of expansion without delay while creating many new quality jobs for a rural community ready for opportunity. WSP will renovate 300,000 SF of a 900,000 SF facility and equip 10 new lines to double production of healthy meat sticks and jerky. WSP meat snacks have seen a rapid growth in sales as they focus on quality meat with exceptional spices; avoiding the need for fillers found in other meat snack products. The Mexico facility is poised to accommodate future expansion creating a winning solution for the community and WSP for years to come.
“We are grateful for the partnership and support of Rural Development Partners in helping bring this project to life. At Western Smokehouse Partners, we are intentional about investing in communities where we can create meaningful, long-term opportunities. This expansion reflects our commitment to supporting local economies, creating quality jobs, and enhancing the lives of the people who live and work in the communities we serve.” -Peter Sikorski, Chief Financial Officer
Western Smokehouse Partners
Western Smokehouse Partners is the industry leader in premium, better-for-you meat snacks in the private label and co-manufacturing sector. Their vision is to revolutionize the industry through innovation, technical expertise, and an unwavering commitment to quality. Founded in 1978, WSP has deep roots in the meat processing industry where they strive to set new industry standards, delivering exceptional products and driving growth for their customers and partners. WSP is proud to partner with family-owned meat processors to help farmers scale their business.
New Markets Tax Credits
Rural communities have faced decades of underinvestment, limiting infrastructure, workforce development, and capital access needs that support modern advanced manufacturing growth. NMTCs enable transformative investments in facilities, create jobs, and training opportunities that provide long-term economic revitalization, attract follow-on investment, and reverse patterns of economic decline.
