IEDA Board approves assistance for three companies

Today, the Iowa Economic Development Authority (IEDA) Board approved awards for three companies, which will assist in the creation of 316 jobs and result in $161.1 million in new capital investment for the state. These projects are located in Perry and West Des Moines.

JBS Foods to establish operations in Perry

JBS Foods is one of the world’s largest food companies with operations in 15 countries. They process, prepare and package fresh, further-processed and value-added premium protein products under a variety of brands. The company plans to establish a presence in Perry with the construction of a new 150,000-square-foot animal harvest facility to produce sausage. The project represents a capital investment of $137 million and is expected to create 250 jobs, of which 57 are incented at $31.10 per hour. The board awarded the project tax benefits through the High Quality Jobs (HQJ) program. See the full news release.

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