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$3.3 million awarded through Iowa’s railroad revolving loan and grant program

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The Iowa Transportation Commission has approved $3.3 million through the Railroad Revolving Loan and Grant Program to support four rail infrastructure and development projects aimed at creating and retaining 201 jobs within three years. The funding includes a $1.47 million loan for a new box manufacturing plant in Black Hawk County and $1.88 million in loans for three rail network improvement projects in Woodbury and Plymouth counties, including expansions to Floyd Valley Transload sites and the BJRY Le Mars Transload Yard.  To view the full list of awards, visit the Iowa transportation department website