Lt. Governor Adam Gregg was in Manchester on Monday morning.
The Lt. Governor toured XL Specialized Trailers and heard about their plans to expand with the help of an Iowa Economic Development Authority High Quality Jobs Program grant.
The company customizes heavy-haul trailer solutions for customers in North America. Primarily serving commercial and construction markets, the company also serves agricultural, oil and gas, wind and custom markets. XL Specialized Trailers plans to expand their existing facility by 55,000 square feet to allow for additional fabrication, paint, parking and office improvements. The Iowa Economic Development Authority Board awarded this $7.3 million dollar capital investment project tax benefits through the High Quality Jobs program last fall. It’s expected to create 65 jobs at a qualifying wage of $21.43 per hour.
Iowa Economic Development Authority Supports Local Corporations with Large Scale Projects
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Companies With Northwest Iowa Ties Expanding With State Help
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If you re looking for a job, you re in luck as it seems everyone in Iowa is hiring. If you have a more specialized skill set, perhaps you ll be happy to hear two well-known Iowa companies are planning an expansion and will be looking to add over 100 new positions.
Vermeer is expanding in Pella
The Vermeer Corporation is planning a $44 million expansion in Pella, where it is headquartered, according to a news story from Radio Iowa. Vermeer is known for making heavy machinery for agriculture and industrial use. The products they make are sold worldwide. Based in Pella, the company is planning to build a new parts distribution facility, and convert an already existing one to house product and field training.