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14 companies given incentives to create Iowa jobs

Published On: Mar 23 2013 12:52:22 PM CDT
DES MOINES, Iowa (AP) -

Fourteen companies have received state incentives to expand or locate in Iowa creating more than 270 jobs.

The Iowa Economic Development Authority approved Friday projects in a dozen communities including Eddyville, Council Bluffs, Davenport, and Sioux City.

Tax benefits were approved for Ajinomoto Heartland, a company making animal feed ingredients near Eddyville. It plans to spend $33 million introduce a new fermentation technology that will increase production.

Alter Trading, a scrap metal processor in Council Bluffs gets tax benefits for a $20 million expansion creating 15 jobs and Mid-American Glass will received tax breaks for a new building to expand operations in Davenport creating 13 jobs.

In Sioux City, Exoteric Analytics will receive a $25,000 grant to continue development of its monitoring and control system for seed corn producers.

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