Iowa Approves Tax Benefits For Collins Aerospace Expansion

(Des Moines, IA) -- The State of Iowa is awarding Collins Aerospace tax benefits for a 22 (M) million-dollar expansion project. Collins plans to remodel its Cedar Rapids manufacturing facility. The project is expected to create and retain 41 jobs, at a qualifying wage of $30.24 per hour. The expansion will accommodate more microelectronics fabrication.

The IEDA awarded the company tax benefits through the High-Quality Jobs (HQJ) program.

The Iowa Department of Economic Authority is also awarding a 100-thousand-dollar loan to Hiawatha-based Shaka Culture. It's a software company that specializes in improving morale in remote or hybrid work environments


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