Posted 22 September, 2025
The Iowa Economic Development Authority (IEDA) Board approved awards for six companies, which will assist in the creation and retention of 305 jobs and result in $267 million in new capital investment for the state. These projects are located in Altoona, Ankeny, Eldridge, Fairfield, Iowa City and Knoxville.
Wisconsin manufacturer to expand operations in Altoona
Robinson, Inc. is a metal fabrication company that has been in operation for 50 years. The company, currently in Wisconsin, plans to lease an 800,000-square-foot newly constructed manufacturing facility in Altoona and invest in new machinery and equipment. The project represents a capital investment of $75.8 million and is expected to create 100 jobs, of which four are incented at a qualifying wage of $36.65 per hour. The board awarded the company tax benefits through the High Quality Jobs (HQJ) program.
New Horizon Cuisine to construct a new facility in Ankeny
A full-service sauce and flavor manufacturer, New Horizon Cuisine produces premium meat and vegetable extracts for the U.S. food industry at their USDA/FDA registered facility. The company plans to construct a new 30,000-square-foot, state-of-the-art production facility in Ankeny, where they currently have a smaller space and need additional room to grow. The project represents a capital investment of $14.5 million and was awarded tax benefits through the HQJ program. It is expected to create 11 jobs, of which three are incented at a qualifying wage of $35.71 per hour.
LMT Defense to increase production in Eldridge
Lewis Machine & Tool Co, dba LMT Defense, manufactures defense products for the U.S. Armed Forces and other law enforcement agencies worldwide. The company plans to expand to a second location in Eldridge for plating and coating operations. The 7,500-square-foot adjacent warehouse space will establish a zero emissions operation with modern equipment. The expansion will increase production and extend their products from smaller items, like rifles, to cannon-sized barrels. The project was awarded a $300,000 forgivable loan through the HQJ program. It represents a capital investment of nearly $5.5 million and is expected to create 34 jobs incented at a quality wage of $24.97 per hour.
Dexter Laundry to expand headquarters in Fairfield
Founded in 1894, Dexter Laundry manufactures commercial and industrial laundry equipment with a full line of washers, dryers and advanced management systems. The 100% employee-owned company plans to construct a 22,500-square-foot addition to their headquarters in Fairfield for a new paint system to support an increase in output. The project is expected to retain six jobs incented at a qualifying wage of $25.25 per hour. It represents a capital investment of nearly $9 million and was awarded tax benefits through the HQJ program.
P&G to add production line in Iowa City
Procter and Gamble is a multinational company offering a broad range of packaged goods for consumers like personal care, household and health products. The company plans to add a new production line to their Iowa City facility. The expansion will include the construction of a 150,000-square-foot building and purchase of new equipment. The project will create 100 jobs incented at a qualifying wage of $31.85 per hour. The $150 million capital investment was awarded tax benefits through the HQJ program.
Weiler to expand Knoxville operations
Weiler is a family-owned business that manufactures equipment for the asphalt paving market, including pavers, compactors and soil stabilizers. The company plans to construct a new 69,000-square-foot manufacturing facility as they continue to experience growth. The project was awarded $250,000 in direct financial assistance and tax benefits through the HQJ program. It represents a $12.3 million capital investment and is expected to create 54 jobs, of which 49 are incented at a qualifying wage of $27.06 per hour.