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IEDA Board approves projects from three established companies

News

June 25th, 2021 by Ric Hanson

(Updated 3:23-p.m.) The Iowa Economic Development Authority Board has approved state tax breaks for a company in Council Bluffs that makes bingo cards, pull tab tickets and other products used by lotteries and charities.  Two other companies are getting tax breaks for expansion projects in Lake View and Story City.

The Pollard Games facility in Council Bluffs will undergo a nearly nine-and-a-half MILLION dollar expansion. The company plans to introduce new product lines and hire 151 more people when the project’s completed.

Evapco in Lake View makes products for the international cooling and industrial refrigeration markets. It’s 12-and-a-half million dollar expansion is expected to lead to the creation of 83 new jobs.

And, state officials say Dose Steelworks has outgrown its current facility and is gettting state tax breaks as it converts a facility in Story City to manufacture its trailers. The company plans to spend four-point-seven MILLION dollars on the project and create 14 new jobs.