Missouri Incentives Support Fuel Distribution Expansion

Missouri Incentives Support Fuel Distribution Expansion

Client Profile

A privately held, family-owned fuel and lubricant distributor based in Evansville, Indiana, planned to expand its operations into Missouri. With decades of experience serving customers throughout the Midwest, the company provides integrated petroleum products and services and is recognized as a leading independent distributor in the regional energy sector.

The client planned to invest more than $3.5 million and create 30 new jobs over five years as part of its Missouri expansion. To maximize the return on that investment, the company engaged McGuire Sponsel to identify and secure available Missouri Works incentives that would support its long-term growth strategy.

Process

McGuire Sponsel’s Location Advisory team conducted a comprehensive incentives analysis to evaluate the client’s planned investment, projected workforce growth, and eligibility for the Missouri Works Program. Our team reviewed job creation projections, payroll commitments, and program requirements to develop an incentive strategy aligned with the client’s expansion goals.

Acting as a strategic liaison between the client and the state of Missouri, we managed stakeholder communications, coordinated application submissions, clarified program requirements, and guided the client through each stage of the approval process. Throughout the engagement, our team ensured all compliance requirements and critical deadlines were met while positioning the project to maximize available payroll withholding tax benefits tied to the creation of new jobs.

Results

Our Location Advisory team successfully secured more than $261,000 in Missouri Works incentives through the retention of state payroll withholding tax generated by the client’s planned workforce expansion. The incentive package supported the company’s $3.55 million investment, the creation of 30 new jobs, and its continued growth within Missouri.