Tax Break to New Trucking Co. in NE Iowa

DES MOINES, Iowa (AP) — The Iowa Economic Development Authority has awarded more than $237 million to eight companies to support job creation and expansion projects across the state.

The board announced the grants Friday, which will aid projects in Dubuque, Burlington, Ankeny, Sioux City, Ottumwa and Clear Lake. The awards, which include direct financial assistance and tax breaks, are meant to create 717 jobs, retain nine others and maintain economic growth in Iowa.

Board director Debi Durham says the awards have been granted to companies that have a long history in Iowa as well as businesses new to the state.

Projects include establishing headquarters for Hirschbach Motor Lines, a trucking company moving to Dubuque, and offering tax benefits to a private physical therapy practice in Sioux City that intends to expand its services.