The board awarded $800,000 in direct financial assistance from the Grow Iowa Values Financial Assistance Program (GIVFAP) value-added component and Enterprise Zone tax incentives to Tyson Prepared Foods Inc. for a proposed renovation of its Council Bluffs facility. The project involves 53 jobs that meet enterprise zone requirements and it would be supported by state incentives. Tyson’s proposal includes adding approximately 60,000 sq. ft. and renovating its cooked meats facility for a total capital investment of $48 million.
The board also approved $520,000 in direct financial assistance from the GIVFAP plus tax incentives to Plumrose USA to build a proposed manufacturing facility in Council Bluffs. This project would represent a $57.8 million capital investment and create 65 new jobs supported by state incentives, if the proposal proceeds. The processor produces premium bacon, packaged deli meat, deli-counter ham, canned ham and cooked ribs. The processor already operates a production facility in Council Bluffs that makes deli meats and bacon.
Plumrose’s proposal includes a 100,000-sq.-ft. LEED-certified facility that would feature new slicing and packaging operations. Tax incentives approved for the project are though the High Quality Jobs program.
In other news, the board also approved Enterprise Zone tax incentives for Cargill Kitchen Solutions, which has proposed extending its Mason City facility. The company produces value-added further processed egg products and breakfast entrées for North America. The project represents a $12.4 million capital investment and is expected to create 20 jobs supported by state incentives. The expansion includes a 35,000-sq.-ft. addition and installation of a new further-processing egg cook production line. The project will help expand product offerings for the company, as well as its customer base, according to a news release.