235
The Iowa Economic Development Authority Board has approved state incentives for businesses in northeast and northwest Iowa. Economic Development Authority spokesperson Kanan Kappelman says A1 Mobile Storage Service in Manchester plans a nearly six million dollar expansion.
The company is receiving tax benefits with the promise of creating eight new jobs.
Ranco Fertiservice company in Sioux Rapids is receiving a $500,000 grant to help replace flooded equipment.
They make dry fertilizer blending and handling equipment for ag fertilizer retailers and Kappleman says the company plans to spend two million dollars on the project, but won’t create any new jobs.
Kappleman says the company has around 80 employees.