Iowa approves $11.5 million for Prestage for pork plant
BPC Staff Aug 19, 2016 | 4:16 pm
<1 min read time
82 wordsAll Latest News, Economic Development, Statewide NewsDes Moines Register: Prestage Farms is poised to receive nearly $20 million in taxpayer incentives to help build a proposed $240 million pork plant in Wright County. Though dozens of opponents flooded Thursday’s specially called meeting, the Iowa Economic Development Authority board ultimately voted 8-1 to approve about $11.5 million in state incentives for the North Carolina-based company. Wright County is also considering $8 million in local tax breaks. The state incentives are contingent upon local approval of Wright County’s incentive package.