DES MOINES, Iowa (AP) -- - State economic development officials have offered $7 million in state incentives to companies promising to create 300 jobs.
The Des Moines Register reports Iowa Economic Development Board on Friday offered about $1.3 million in tax credits to St. Paul, Minn.-based 3M Co. to modernize its Ames factory which makes sandpaper products. The company plans to add 75 jobs.
Monsanto Co. will receive $1.5 million in tax credits to expand its Grinnell and Williamsburg seed corn facilities and expand its research facilities in Iowa.
Among the other approved incentives: a company called HF Chlor Alkali received a $75,000 loan and nearly $2 million in tax credits to build a proposed plant in Eddyville to make caustic soda and hydrochloric acid to sell to Cargill. The project would create 18 jobs.
- Historic building project complete; now includes affordable housing
- Onalaska authorities continue to search for man on the run
- 'Candy Man' agrees to surrender medical license
- Wisconsin DPI considers easing license requirements to ease teacher shortage
- Annual Iverson Freking Awards handed out at luncheon
- Assembly speaker says his job is harder than governor's
- Alternative transportation forum looks to the future
- Highway 53 steering committee considering options for corridor development
- Toyota donates nearly $15,000 to La Crosse YWCA
- Buzz's Bikes building still looking for new owners