Melissa is an exceptional partner in regional economic development. Her ability to coordinate seamlessly with Alliant Energy ensures that Winnebago and Worth counties are always positioned for growth. She is proactive, deeply knowledgeable, and highly collaborative- bringing her into a project early is a guarantee that things will move forward efficiently and successfully.
— Chad Hansen , Alliant Energy
$243 million northeast Iowa soy processing plant snags $4.1 million in state tax credits
16 Apr 2021
News
A $243.4 million processing plant in northeast Iowa that's expected to crush nearly 40 million bushels of soybeans annually won $4.1 million in state tax credits Friday.
The Iowa Economic Development Authority board approved the funding for Shell Rock Soy Processing, with $2.25 million of the credits based on the size of the investment and the remainder as a sales tax refund on equipment purchases.
The board also approved incentives for two other projects. CJ Bio America near Fort Dodge will receive $675,600 in tax credits for a $20.5 million expansion and Sadler Power Train in Cedar Rapids will receive $31,500 in tax credits for a $2.1 million expansion. The projects each will create four new jobs.
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Weekly Business Report Features Magna International and ABI Partnership With Women in Manufacturing
Apr 16 2021This week, ABI Executive Vice President Nicole Crain and Misti Rice of ABI member company Magna International are featured in ABI's Weekly Business Report. Misti was recently chosen as chair of the 2021 Board of Directors for Women in Manufacturing Association (WiM).
WiM is the only national association specifically dedicated...