Le Mars Baking Company To Receive Tax Benefits From The State Of - News, Weather and Sports for Sioux City, IA: KCAU-TV.com

Le Mars Baking Company To Receive Tax Benefits From The State Of Iowa

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By: Channel 9 Eyewitness News

news@kcautv.com

A decision was made Friday that could bring 11 new jobs and a $7.5 million expansion to Le Mars.

The Iowa Economic Development Authority has approved a tax abatement plan For BoDeans. The company makes wafers for ice cream products. The 5 year tax plan will give BoDeans tax breaks estimated to total almost $182,000. That dollar amount will also be matched locally.

BoDeans says it plans to create 11 full time jobs, and make a capital investment of $7.5 million when it installs another line at the wafer plant.   

 

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