DES MOINES — Iowa economic development officials have approved financial assistance to DuPont Pioneer for a $50 million expansion project.
The Iowa Economic Development Board on Friday agreed to provide the company up to $4.4 million in tax credits.
The project will move into Johnston some operations and 100 jobs now in Ankeny. Pioneer will also create 100 jobs.
Pioneer is a subsidiary of chemical maker DuPont Co. of Wilmington, Del.
The economic development board also approved tax credits for two other companies.
Grain Millers in St. Ansgar received $550,000 in tax credits for a $24 million expansion. Sobatka Engineering in Diagonal, doing business as Excel Engineering, received nearly $86,000 in tax credits for a $1.6 million renovation. — AP
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