State Helps Companies Create Jobs

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State Helps Companies Create Jobs

By Danielle Plogmann, Producer

By Danielle Plogmann

Story Created: May 14, 2008 at 4:05 PM CST

Story Updated: May 14, 2008 at 4:05 PM CST

CEDAR RAPIDS - Two eastern Iowa businesses are among six in Iowa that received state help Wednesday.

Monsanto expects to put a new seed corn production facility near Independence. The state awarded Monsanto tax benefits to create 47 jobs.

In Butler County, David and Monte Allan plan to start a new powder coating business. They are getting more than a quarter-million dollars in forgivable loans to help create 81 jobs in Allison.

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