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American Foods Group (AFG) is opening an $800 million beef processing facility in Warren County, Missouri. The 775,000-square-foot facility is expected to generate $1 billion in annual economic impact in the state, and will create more than 1,300 new jobs in the region. Governor Mike Parson said: "As a third-generation farmer and cattleman myself, I am proud to welcome AFG to Missouri. This is a major development that will benefit Missouri's agricultural producers and consumers for years to come. With $94 billion contributed to our economy annually, we appreciate that agriculture is our number one industry. He continued: "AFG's investment in Missouri further signals to the nation and world what we've known all along, that Missouri is the best place for companies to grow and expand. We couldn't be more excited for AFG's expansion in Missouri." Steve Etcher of the Greater Warren County Economic Development Council said: "Warren County has a strong heritage in agriculture, and today we get to celebrate the opportunity to build on that heritage with American Foods Group. I am impressed with the Rosen family and company leadership and how they embrace their employees as family, invest in their communities, and strive to be a valued corporate partner. He added: "This is exactly the type of company the EDC envisioned when they launched their mission ten years ago to attract new businesses to Warren County that will provide good paying jobs for the residents of our community". AFG is a family-owned business that employs more than 4,500 people across the US. The company says it plans to process 2,4000 cattle per day at its newest facility. The facility is expected to be fully operational by the end of 2024.