Moberly plans to give Mamtek CEO another chance
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Moberly plans to give Mamtek CEO another chance

Date: September 28, 2011
By: Matt Evans
State Capitol Bureau

Intro: 
Moberly, Missouri wants to give Mamtek CEO another chance after defaulting on a payment of 39 million dollars.
RunTime:  0:37
OutCue:  SOC

Wrap: Mamtek CEO Bruce Cole now heads Delaware-based American Surcralose Manufacturing Incorporated. On September 23, he signed a deal with the city to take over Mamtek's project.

Moberly City Manager Andy Morris is aware that Bruce Cole is involed in the new company, but is still confident about the project.

Actuality:  MORRIS05.WAV
Run Time:  00:08
Description: "I think we have hit a speed bump - a major speed bump - and I think that we can set this back on the straight and narrow."

As of Tuesday, the Missouri Secretary of State's website of corporate registrations showed no company by the name of American Sucralose Manufacturing.

Reporting from the state Capitol, I'm Matt Evans.

 

Intro: 
Mamtek CEO now wants another shot at a finishing a factory in Moberly, Missouri, that defaulted on a 39 million dollar payment.
RunTime:  0:34
OutCue:  SOC

Wrap: Mamtek CEO Bruce Cole now heads Delaware-based American Sucralose Manufacturing Incorporated. Cole acting as American Surcralose CEO, signed an agreemtent with the city to take over the failed Mamtek project.

Moberly City Manager Andy Morris says he doesn't know Cole's exact involvement with this new company, but says more safeguards will be in place.

Actuality:  MORRIS03.WAV
Run Time:  00:03
Description: "Quite frankly, standards have to be set in place, and that's really the next step."

American Sucralose is registered to do business in Delaware, but no company by that name is registered in the state of Missouri.

Reporting from the state Capitol, I'm Matt Evans.


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