INCENTIVE PLAN: Business Expands In Ankeny
The Ankeny city council has agreed to give incentives to a molded plastics company expanding its operations in the city.
Dickten Masch Plastics’ expansion project includes a $7.5 million warehouse and will also increase manufacturing and distribution.
Thirty jobs are expected to be created. The company already employs 125 people.
“This is the first project supported under the City’s revised Local Business Investment Policy. It demonstrated that this policy continues to encourage economic growth and job creation while holding companies accountable to their job creation goals,” says city manager David Jones.
Dickten Masch is getting a half-million dollars in tax rebates and incentives. The city is providing $179,000 of that. Other incentives are part of the Iowa’s High Quality Jobs Program.