Watch CBS News

Colorado Organic Dairy Company Plans Plant In Missouri

COLUMBIA, Mo. (AP) - A Colorado company that produces organic milk and butter is confirming that it plans to build a plant in northeast Columbia, which would eventually create 150 new jobs.

Aurora Organic Dairy and the Department of Economic Development announced Tuesday that the Platteville, Colorado-based company will build a $90 million plant.

The plant is expected to create more than 90 jobs initially and up to 150 in the next five years. Aurora says it will begin site preparation this spring and be fully operating in 2019.

Aurora will receive a 75 percent abatement of real and personal property tax for 10 years and will pay an estimated $1.7 million in property taxes during that time.

(© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.