Genie Recon to expand in Springfield, investing $11.5 million and creating 243 jobs

Genie Recon, an advanced remanufacturer of telescopic boom lifts, announced today that it will expand in Springfield, investing $11.5 million and creating 243 jobs. The company's expansion will combine the expertise of aerial lift manufacturer Genie Recon with SRC Holdings Corporation.

"Genie Recon's continued investment in Springfield is another example of Missouri companies innovating, growing, and creating opportunities for Missourians," said Governor Mike Kehoe. "This expansion strengthens our state's advanced manufacturing while creating high-quality jobs that will benefit families and the Springfield region for years to come. We appreciate Genie Recon's continued confidence in Missouri and look forward to its continued success."

Genie Recon is created through a partnership between Springfield-based SRC Holdings Corporation and Genie Lifts. At the current 136,000-square-foot-facility, Genie Recon reconditions Genie^® S^®-65 and S-85 telescopic boom lifts, with plans to expand to additional models. Future company plans include adding remanufacturing capability for the electronic and hydraulic systems inside these machines, a step toward Genie Recon operating as a stand-alone reconditioning business.

"Our repeatable processes produce quality products, and keeping up with growing demand requires maintaining that discipline as we scale," said Chris Merrifield, President of Genie Recon. "Our expansion plans represent a long-term investment in both capability and careers. We are investing in people-those with experience and those eager to learn-as we continue to build workforce development opportunities here in Springfield."

Genie Recon restores equipment to like-new condition through a controlled, repeatable, factory-aligned process. More than being repaired, each reconditioned unit is fully disassembled, inspected, and rebuilt. Key components are remanufactured, and the machine is reassembled and tested to meet original factory specifications. This approach delivers the performance, reliability, and consistency customers expect while providing a cost-effective alternative to purchasing new equipment, improving overall fleet performance and lifecycle value for the customer.

"Genie Recon's $11.5 million investment is a massive win for Springfield and a testament to Missouri's strength as a premier location for advanced manufacturing," said Michelle Hataway, Director of the Department of Economic Development. "By creating more than 200 new, high-quality jobs, this project does more than just expand a facility - it provides sustainable career pathways that will support area families and directly boost the local economy. We are thrilled to see this collaboration thrive in southwest Missouri, strengthening our workforce, reinforcing our supply chains, and driving long-term prosperity for the entire Springfield community."

Genie Recon currently employs approximately 60 team members. The operation is actively hiring across planning, production, maintenance, engineering, and warehouse roles, with a particular need for technicians experienced in heavy equipment service and repair. To support workforce development, Genie Recon offers technical training and tuition reimbursement programs designed to help employees build long-term careers in advanced manufacturing. New jobs added as part of Genie Recon's expansion will pay an average wage well above the county average.

For this expansion, Genie Recon will benefit from the Missouri Works Program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. Genie Recon is estimated to receive $1,422,467 through the Missouri Works Program subject to verification of program requirements.

What others are saying

"This is a great example of what happens when a homegrown company like SRC keeps reinvesting in our region," said Jonas Arjes, Senior Vice President of Economic Development at the Springfield Area Chamber of Commerce. "Genie Recon strengthens our advanced remanufacturing base and builds on a long history of that sector in our community. SRC has a long track record of building businesses that last, and this new partnership with Genie Lifts is the next chapter of that story."

About Genie Recon

Genie Recon reconditions telescopic boom lifts, also known as mobile elevated work platforms, used in construction, infrastructure, maintenance, and industrial applications. The company operates a 136,000-square-foot facility in Springfield, Missouri and is focused on extending equipment life while improving fleet performance and value for customers.

To learn more about Genie Recon, visit srcholdings.com/genie-recon.

About the Missouri Department of Economic Development

The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri's businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.

For the latest updates on DED's current or future programs and initiatives, visit DED's website.

About the Missouri Works Program

As the state's number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.