Cape Seeks $400K to Lure New Employer
CAPE GIRARDEAU (AP) - Cape Girardeau officials are seeking $400,000 in state aid to attract a civil defense and security company to the southeast Missouri city.
The Southeast Missourian reported Monday that the company has expressed interest in locating to Cape Girardeau. Mitch Robinson, executive director of Cape Girardeau Area Magnet, said the development would mean at least 20 jobs.
Robinson said the city is applying for the $400,000 grant from the Missouri Department of Economic Development. The Community Development Block Grant Action Fund Loan could provide the company with funds to help pay salaries, lease a facility and cover other startup costs.
City officials won't name the company. But Robinson said the company would be new to the area.