The Monroe County Board of Supervisors approved a resolution for Cargill in Eddyville’s application to the Iowa Economic Development Authority’s High-Quality Jobs program, that was approved by the IEDA last week. Abia Industrial Development Corp. President Dan Tometich told the supervisors that Cargill was planning an expansion of up to $233 million with the creation of 14 jobs immediately and up to 43 in the future.
Later in the week, IEDA awarded tax benefits through its High Quality Jobs Program. The award is based on a qualifying wage of $17.46 per hour.
It is the largest single expansion since Cargill started building the Iowa Bioprocessing Center in the mid 1980s.
The new facility will be constructed on the western side of the complex. Tometich said the new company will be fermenting glucose to make a bio-based chemical that is used in the production of high-performance polymers, solvents and fine chemicals.
Further diversifying production and technology at the Eddyville complex, the expansion will include production facility construction, new bioprocessing and fermentation machinery and equipment, research and development and improvements to wastewater treatment capacity.
The cost break down includes $5 million for site preparation, $51.5 million for building construction, $153 million for machinery and equipment, $3 million for research and development and $20 million for wastewater upgrades.
At last week’s board of supervisor’s meeting, Sheriff Dan Johnson announced that his department had received a $15,000 Cargill Cares grant for its canine fund.
Supervisors also learned of a Community Development Block Grant that included sanitizers for PPE at the Monroe County Hospital, $3,000 to the local food bank and $14,000 to Public Health for lap tops at work and home totalling $55,000.