United Group Insurance

State offers incentives for 3 company projects

News

October 17th, 2014 by Ric Hanson

DES MOINES, Iowa (AP) – Iowa economic development officials have approved incentives for three companies that promise to create 281 jobs and spend $39 million to locate new facilities or expand in Iowa. The Iowa Economic Development Authority on Friday says it approved tax credits for TrinityRail Maintenance Services which plans to build a new railroad car maintenance facility in Sioux City. The company promises to create 250 new jobs.

Mrs. Clark’s Foods is expanding in Ankeny by adding a $7.3 million warehouse and refrigeration facility. It also received tax benefits for 13 new jobs. The company makes fruit and vegetable juices, salad dressings and other sauces.

Dubuque insurance consulting firm Kunkel and Associates is getting $128,000 in loans for a building expansion project that will create 18 jobs.