New incentives for a business spending at least $1 billion on an Iowa plant

State officials may now offer far larger tax incentives for up to two businesses that plan to spend at least $1 billion on a new facility. Yesterday, Governor Kim Reynolds approved up to $93 million in tax incentives for the so-called “MEGA” program. “This legislation presents a tremendous opportunity for Iowa,” Reynolds said. To qualify […]

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April unemployment rate drops

The April unemployment rate dropped to 2.8% compared to 2.9% in March. Iowa Workforce Development director, Beth Townsend, says there were