Perfection Clutch will make the move to the site, located at 630 Lambert Point Drive, in the first quarter of 2013, and is expected to create 10 local jobs.
The company distributes auto parts to customers in the United States that are manufactured at its facility in China. They are aftermarket parts for the automotive industry like clutches, flywheels and clutch hydraulics.
Perfection Clutch chose the Hazelwood site over a location in the state of Illinois. It plans to renovate the facility into its new warehouse.
The state of Missouri will give an economic incentive package to Perfection Clutch that includes $88,900 in Enhanced Enterprise Zone tax credits and $15,000 in Recruitment Assistance funds.
There was no mention of how the new neighbor will affect similar existing business like . The company is also headquartered in an Asian country, Taiwan, and provides collision and accessory replacement parts such as grilles, bumpers and radiator supports.