EDDYVILLE CARGILL PLANT RECEIVES STATE GRANT

Eddyville Cargill plant receives state grant

The Iowa Economic Development Authority (IEDA) Board approved an award that will help create 14 new jobs at Eddyville’s Cargill plant. Linda Crookham-Hansen presented the project to the board Friday (5/22).

“Cargill in Monroe County, or Eddyville, will be making a $233 million investment.”

The expansion will include production facility construction, new bioprocessing and fermentation machinery and equipment, research and development and improvements to wastewater treatment capacity.

“They’re seeking $6 million: $4 million of investment tax credits and $2 million of sales, service and tax refunds.”

The Economic Development Authority Board awarded Cargill the tax benefits on the promise of the creation of the jobs at the wage of $17.46/hour.

NEWSLETTER

Stay updated, sign up for our newsletter.