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State approves tax credits for Intermec, Raining Rose projects
The Raining Rose Inc. headquarters planed for northeast Cedar Rapids is shown in architect’s rendering. (image courtesy of Primus Construction).CEDAR RAPIDS — Two Cedar Rapids companies planning to...
View ArticleOhio company wins $500,000 to build Iowa biorefinery
The Iowa Economic Development Authority Board awarded tax incentives and $500,000 worth of direct financial assistance to Thesis Chemistry LLC. Thesis also will build a corporate headquarters, research...
View ArticleOhio firm wins $500,000 to build Iowa biorefinery
A Ohio firm has been awarded $500,000 in state assistance to build a biorefinery in the City of Nevada that will produce sustainablechemicals from agricultural biomass.The Iowa Economic Development...
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Elkader manufacturer approved for state financial assistance
An Elkader manufacturer on Friday was approved for state financial help and tax credits to expand production and create 41 jobs.The Iowa Economic Development Authority Board voted to approve $205,000...
View ArticleBranstad says $1.3-billion Lee County fertilizer plant would be largest...
A $1.3 billion fertilizer plant proposed by a Egypt-based company for Lee County would be the largest private investment in the state’s history, Gov. Terry Branstad says.Iowa Fertilizer Company LLC, a...
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State approves tax credits for Iowa River Landing developments
Four companies redeveloping portions of the 180-acre Iowa River Landing complex in Coralville were approved on Friday for maximum tax credits of nearly $2 million by the Iowa Economic Development...
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Clipper allowed to keep part of Iowa financial assistance
Clipper Windpower's plant at 4401 Bowling St. SW in Cedar Rapids. (Gazette file photo)Clipper Windpower, with a plant in southwest Cedar Rapids, will be allowed to keep a portion of the $2.3 million...
View ArticleDuPont Industrial Biosciences looking at $20 million expansion
DuPont Industrial Biosciences is considering a $20 million expansion at its Cedar Rapids facility and is seeking state assistance.The company is asking the Iowa Economic Development Authority Board for...
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MediRevv to build second Coralville facility, add 80 jobs
CORALVILLE — Health-care company MediRevv plans to build a second facility and add 80 full-time jobs.Health-care company MediRevv plans to build a second facility in Coralville and add 80 full-time...
View ArticleLee county approves millions in state tax credit benefits
DES MOINES — The Iowa Economic Development Authority Board approved another $25 million in tax credits for an Egyptian conglomerate that’s building a fertilizer plant in southeastern Lee County.The...
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Five Corridor companies get Iowa Economic Development Authority funding
Five Corridor start-ups received financial assistance on Friday from the Iowa Economic Development Authority board to help them expand into new markets, further develop products and hire staff.Funding...
View ArticleGeneral Mills’ expansion in Cedar Rapids gets state financial assistance
The Iowa Economic Development Authority Board on Friday approved $200,000 in direct financial assistance and $3.2 million in tax credits for a General Mills plant expansion in Cedar Rapids.The $58...
View ArticleMarion manufacturer, Corridor startups get state assistance
The Iowa Economic Development Authority board awarded Marion manufacturer Freund-Vector Corporation $151,500 in tax credits on Friday.The company, which announced a 12,000-square-foot, $5.3-million...
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