The Iowa Economic Development Authority Board approved awards for a manufacturing expansion in Mount Pleasant and a quality of life project in Keosauqua. At its meeting Friday, the IEDA board also awarded a grant for BioMADE, a U.S. Department of Defense Manufacturing Innovation Institute, to establish a bioindustrial manufacturing scale-up facility. ContiTech USA, part of Continental AG, which is a major player in components and tires for heavy equipment industries, is expanding its factory in Mount Pleasant. The board awarded the company a $1 million forgivable loan and tax benefits through the High Quality Jobs program to construct a compounding center, including space for production, warehouse and office. Continental AG produces air spring and anti-vibration systems, coated fabrics, conveyer and drive belts, hoses and more. The project represents a $65 million capital investment and is expected to create 50 jobs incented at a qualifying wage of $21.50 per hour. The city of Keosauqua and Engage Keosauqua Inc. were awarded $144,000 through the CAT program for the creation of a new sports area to revitalize recreation opportunities in the community. The project will construct courts for tennis, pickleball, basketball and bocce ball, offering new amenities for residents and visitors. The total project cost is $481,761. The CAT program provides financial assistance to communities for the construction of recreational, cultural, educational or entertainment facilities that enhance the quality of life in Iowa.