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Mamtek leftovers to be auctioned Oct. 30

MOBERLY, MO — The northern Missouri artificial sweetener plant project that turned sour when its financing collapsed last year is holding an out-of-business sale. Mamtek U.S. received $39 million of industrial development bonds from the City of Moberly and could have earned up to $17 million of state tax incentives to build the factory. Construction ceased on the partially complete factory after Mamtek missed a bond payment in August, 2011.

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