IEDA Board approves assistance for two established companies, three community projects and manufacturing investments

the Iowa Economic Development Authority (IEDA) Board approved awards for companies in Belle Plaine and Perry, which will assist in the creation of 51 jobs and result in nearly $45 million in new capital investment for the state. The board also approved grants for projects in Dickinson County and Grinnell through the Community Attraction and Tourism (CAT) Program and an event in Des Moines through the Sports Tourism Marketing Program. In addition, 33 manufacturers across the state received Manufacturing 4.0 Technology Investment grants.

Frontier Natural Products Co-op to expand Belle Plaine facility
Founded in 1976, Frontier Natural Products Co-op is a cooperatively owned wholesaler of natural and organic herbs, spices and essential oil products sold under the Frontier Co-op, Simply Organic and Aura Cacia brands. The company plans to expand the Belle Plaine facility with the construction of a 90,000-square-foot facility for additional production and warehouse capacity to support continued growth, including service to larger multinational retail corporations. The project represents a capital investment of just over $30 million and is expected to create 16 jobs, of which six are incented at a qualifying wage of $22.18 per hour. The board awarded the company tax benefits through the High Quality Jobs (HQJ) program.

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