The state’s Economic Development Board today approved over $122 million in state grants for 10 companies.
One of the grants is for eServ, a company that’s considering Davenport as a site for expansion. It’s a project that could bring 275 new, high-paying jobs to the Quad Cities.
Another grant goes to a company building a facility near the Cargill plant in Eddyville. It will produce a variety of chemicals that’ll be used at the Cargill plant.
A new plant in Centerville that’ll make plastic containers is getting a state grant, too. The Lee Container company promises to initially hire 124 people in the Centerville area, with a workforce of 200 eventually on that site.
Link Manufacturing in Sioux Center is getting a state grant and tax incentives for an expansion of its northwest Iowa operation. Link Manufacturing makes truck cabs and other items for the transportation industry.
Other state grants and tax breaks went to businesses considering expansions in Ames and Mason City. Two companies that provides health care support services will get state incentives if they expand in Des Moines and Waterloo.
A high-tech company in Hiawatha that caters to the insurace industry also got a state economic development grant.
And finally, a Bicycle Motorcross pro wants to start a company in Davenport to make BMX bicycles. He’s gotten a state grant for his start-up.