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
IEDA Board approves assistance for six manufacturers, two startups and three community quality-of-life projects
18 Sep 2026
News
The Iowa Economic Development Authority (IEDA) Board approved tax credits for six manufacturing companies, which will assist in the creation of 346 jobs and result in nearly $246.5 million in new capital investment for the state. These projects are located in Altoona, Ankeny, Bondurant, Centerville, Davenport and Woodbine. The board also approved assistance for two startups in Ankeny and Des Moines. In addition, a project in Des Moines received a Destination Iowa grant, and projects in Jewell and West Point received Community Attraction and Tourism (CAT) grants.
Summit Products to expand manufacturing operations in Altoona
Infonet Corp, doing business as Summit Products, Inc., manufactures metal-fabricated products for original equipment manufacturers and the aftermarket, including UTV accessories, truck toppers, recreational vehicle components and motorized vehicle windows. The company plans to expand its existing Altoona facility by 30,080 square feet and add new manufacturing equipment, including robotics, automation, a laser work center and metal panel bending equipment. The $5.73 million capital investment is expected to create 21 jobs, with three incented at a qualifying wage of $35.11 per hour. The board awarded $193,000 in tax credits through the Business Incentives for Growth (BIG) program.
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