14 Companies Given Incentives To Create Iowa Jobs
by Associated Press
March 23, 2013 10:05 AM
Fourteen companies have received state incentives to expand or locate in Iowa creating more than 270 jobs.
The Iowa Economic Development Authority approved Friday projects in a dozen communities including Eddyville, Council Bluffs, Davenport, and Sioux City.
Tax benefits were approved for Ajinomoto Heartland, a company making animal feed ingredients near Eddyville. It plans to spend $33 million introduce a new fermentation technology that will increase production.
Alter Trading, a scrap metal processor in Council Bluffs gets tax benefits for a $20 million expansion creating 15 jobs and Mid-American Glass will received tax breaks for a new building to expand operations in Davenport creating 13 jobs.
In Sioux City, Exoteric Analytics will receive a $25,000 grant to continue development of its monitoring and control system for seed corn producers.