European ammo company to build Sedalia facility

Raufoss, Norway-based aerospace and defense company Nammo AS announced Thursday its subsidiary Capstone Precision Group will build a logistics center just outside of Sedalia.

The company said the facility will be the logisitcs center for four of the company's ammunition brands: Lapua, Berger, Vihta Vuori and SK. Nammo AS plans to invest $1 million to build the new 30,000-square-foot facility. The Missouri Department of Economic Development said the facility will create 13 jobs initially and up to 21 jobs in the next five years.

Ammunition, ammunition components and smokeless powder from Finland and Germany will be distributed and exported at the facility, as well as projectiles from Mesa, Arizona.

"Capstone Precision Group's decision to grow its business in Missouri is great news for families in rural Pettis County. This new distribution center means new quality jobs for hard working Missourians," Gov. Eric Greitens said in a news release. "We're fighting to grow jobs every day, and we're grateful to Capstone Precision Group for recognizing that Missouri is open for business and our people are ready to work."

"Nammo is excited about the creation of the Capstone Precision Group logistic center in Missouri," said Raimo Helasmki, Nammo executive vice president of commercial ammunition. "We look forward to years of growth through this facility."