- Associated Press - Friday, October 17, 2014

DES MOINES, Iowa (AP) - Iowa economic development officials approved Friday incentives for three companies that promise to create 281 jobs and spend $39 million to locate new facilities or expand in Iowa.

The Iowa Economic Development Authority approved tax credits for TrinityRail Maintenance Services which plans to build a new railroad car maintenance facility in Sioux City. The company promises to create 250 new jobs including 160 paying $16.63 an hour. It is a division of Trinity Industries Inc. which provides industrial products and services for railcars, inland barges, storage containers and structural wind towers.

Mrs. Clark’s Foods is expanding in Ankeny by adding a $7.3 million warehouse and refrigeration facility. It also received tax benefits for 13 new jobs. The company makes fruit and vegetable juices, salad dressings and other sauces.

Dubuque insurance consulting firm Kunkel and Associates is getting $128,000 in loans for a building expansion project that will create 18 jobs, 16 of which will pay a wage of $20.06 per hour.

“Our commitment to create jobs is stronger than ever,” said Gov. Terry Branstad in a statement. “From Sioux City to Dubuque, these projects demonstrate that we are staying true to our pledge to continue moving Iowa forward toward economic prosperity.”

Copyright © 2019 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide