Iowa board OKs funding for jobs, projects to 3 companies
April 17th, 2015 by Ric Hanson
DES MOINES, Iowa (AP) — An Iowa board has approved nearly $16 million in investments in three companies across the state. The Iowa Economic Development Authority announced the grants Friday for projects in Sioux City, West Des Moines and Knoxville. The board also approved an additional $19.8 million in tax refunds for Google Inc.’s Council Bluffs data center, bringing its total tax incentives to more than $36 million.
Curly’s Foods, a Sioux City processed meats producer, has been awarded tax breaks for an expansion project expected to create 30 jobs. Software developer FunnelWise is slated to receive $150,000 in direct financial assistance for a move to Des Moines, creating 14 jobs and retaining six others.
Knoxville’s Weiler gets $600,000 and tax benefits to expand manufacturing at its heavy road equipment plant for 106 new jobs.