Two days of hearings are underway at the Missouri Capitol to explore why an artificial sweetener facility in Moberly never opened and why the small town’s bond rating took a hit.
The House Interim Committee on Government Oversight and Accountability is focusing on conflicting documents over the trustworthiness of the company Mamtek. Corey Mehaffy heads the Moberly Area Economic Development Corporation. He testified that the state Department of Economic Development never shared emails with the city revealing that a DED official could not verify whether Mamtek had a functioning plant in China.
A lawsuit has been filed in federal court against the company responsible for a failed artificial sweetener factory in Moberly.
Mamtek U.S. Inc. planned to employ several hundred people at the central Missouri plant, and Moberly issued $39 million in bonds to pay for the project.
But Mamtek missed a bond payment and the plant still is under construction. Moberly has said it does not plan to pay off remaining bonds.
County confirms salad bars at Schnucks focus of E. coli investigation
St. Louis County officials have acknowledged that salad bars at Schnucks are the main focus of an investigation into an E. coli outbreak.
The growing chorus of voices complaining about the fate of a half-built plant in Moberly, Missouri, is getting louder.
Today, Missouri's Attorney General chimed in, saying that his office would investigate whether the Mamtek USA project violated any state civil or criminal laws.
St. Louis Public Radio is a service of the University of Missouri-St. Louis.