Red Wing Shoe Co., the owner of Vasque, Irish Setter Boots, and other shoe brands, has received a $261,270 grant to expand its plant in Potosi, MO, and add 42 new full-time jobs within two years, according to the St. Louis Business Journal.
The Industrial Infrastructure grant, made through the Community Development Block Grant program, is expected to lead to at least $736,600 in private investment, according to Missouri Gov. Jay Nixon's office.
The money will go toward increasing production, adding card-reader access, installing new truck driver entrances, putting on a new roof, re-paving parking lots and upgrading lighting systems. Red Wing Shoes currently employs 187 workers at the Potosi facility, which is located in a publicly owned building.
Based in Red Wing, Minn., Red Wing Shoe Co. added the Potosi manufacturing facility in 1994. It also makes shoes under the Red Wing, Carhartt and Worx names.