Lakeside Casting in Monroe City, Missouri, has announced plans to buy out the remaining $600,000 of its real estate lease with the city and expand this year, according to area’s local The Herald-Whig newspaper.

“My focus has always been on growing jobs,” Controlling Owner Chuck Mudd told reporter Forrest Gossett. “That’s the reason that we started this.” His company plans to build a new warehouse that will allow for manufacturing growth. 

Lakeside Casting was started in 2002 with assistance of an economic development boost from Monroe County and the state of Missouri, including a public-private partnership with a federal Block Development Grant and the real estate lease with Monroe City. Founded by four partners with over 150 years of combined experience in the die-casting business, Lakeside markets itself as “Your Global Link to Zinc,” and makes component parts such as ignition assemblies for trucks, natural gas meters, key casting for the automotive industry and many other OEM parts.