IA incentives to create jobs

Posted:

State economic development officials have offered $7 million in state incentives to companies promising to create 300 jobs.

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.

More News HeadlinesMore>>
Deer population study in Rock Island
Deer population study in Rock Island
Are there too many deer in Rock Island? That's what city leaders will find out tonight when the results of a deer population study are revealed.More >>
Are there too many deer in Rock Island? That's what city leaders will find out tonight when the results of a deer population study are revealed.More >>
A greater honor for a local veteran?
A greater honor for a local veteran?
Does a local army veteran deserve a greater honor?More >>
Does a local army veteran deserve a greater honor?More >>
Dog graduates to real world of service
Dog graduates to real world of service
More 600 students graduated from Augustana College Sunday. But its one student putting their best paw forward into the real world. More >>
More 600 students graduated from Augustana College Sunday. But its one student putting their best paw forward into the real world. More >>
Transformer Explodes in Davenport
Transformer Explodes in Davenport
By CBS 4 Newsroomnewsroom@cbs4qc.comIn Davenport the storms causing a transformer to explode onto a garage. It happened near division and 68th street. Just after 7 tonight, a power line caught a treeMore >>
In Davenport the storms causing a transformer to explode onto a garage.More >>
Daddy Daughter Dance at MLK Center
Daddy Daughter Dance at MLK Center
By Natalie Zarownynzarowny@cbs4qc.comIt was a night for dads and their daughters to get together, and have a little fun without mom at the daddy daughter dance at the MLK center in Rock Island Sunday night. GirlsMore >>
It was a night for dads and their daughters to get together, and have a little fun without mom at the daddy daughter dance at the MLK center in Rock Island Sunday night.More >>
Concert for Lou Gehrig's Disease
Concert for Lou Gehrig's Disease
By Natalie Zarownynzarowny@cbs4qc.comBefore the weather turned harsh Sunday, an outdoor concert brought out dozens to Schweibert Park in Rock Island. An international rock artist returned to her hometown,More >>
By Natalie Zarownynzarowny@cbs4qc.comBefore the weather turned harsh Sunday, an outdoor concert brought out dozens to Schweibert Park in Rock Island. An international rock artist returned to her hometown,More >>
R.I. Fallen Firefighters Memorial
R.I. Fallen Firefighters Memorial
By Natalie Zarownynzarowny@cbs4qc.comIt was a memorial service to honor fallen firefighters in Rock Island. "It's important for us to remember our fallen brothers. Both the ones that died in the lineMore >>
It was a memorial service to honor fallen firefighters in Rock IslandMore >>
Severe T-Storms Continue
Severe T-Storms Continue
By: Andy McCray amccray@cbs4qc.comSevere T-Storm Warnings are in effect this evening for several counties across the area...including Rock Island County in Illinois and Scott County in Iowa until 7:15pm.More >>
By: Andy McCray amccray@cbs4qc.comSevere T-Storm Warnings are in effect this evening for several counties across the area...including Rock Island County in Illinois and Scott County in Iowa until 7:15pm.More >>

IA incentives to create jobs - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

IA incentives to create jobs

More News HeadlinesMore>>