Beef processor to invest $450M near STL

American Foods Group is planning to invest $450 million on a new beef processing facility in Warren County, west of St. Louis.

The plant would create more than 1,300 new jobs and generate a $1 billion economic impact for the state, officials said.

Green Bay, Wisconsin-based AFG provides fresh, frozen and prepared beef products for the food-service, retail and international markets.

Read more from the St. Louis Business Journal.