Waterloo city leaders are claiming victory for their efforts to lure a multi-million-dollar expansion project to Iowa. Officials with ConAgra Foods have chosen Waterloo for a 46-Million dollar project announced in April, to expand one of its three pudding production facilities in the Midwest. Up for consideration were Waterloo, Indianapolis, and Menomenee, Wisconsin.
Company officials this week chose Waterloo, where city and state leaders had secured an incentive package that includes 20-years of property-tax abatements and land for future growth. The 200-thousand-square-foot expansion includes doubling the size of the 9-year-old Waterloo plant and will add fifty jobs to the workforce there. Construction could begin in two weeks.