COLFAX, Iowa -- An Indiana seed company will build a new facility in Colfax, which will employ 50 workers.
Beck's Hybrids is the largest family-owned retail seed company in the United States. The proposed business would be built on 80 acres, next to the Microtel, just north of Interstate 80.
The company plans a $14.2 million investment in new center. It would include seed distribution, and some research on ground north of the building.
Currently, Beck's has two facilities in Iowa, one in Mount Pleasant and another in Marshalltown.
"We are truly excited to plant our roots deeper in Iowa, and work more closely with Iowa farmers," said Scott Beck, President of Beck's Hybrids in a news release. "This growth opportunity will allow us to better serve farmers needs."
Beck said Iowa farmers would have better distribution, as well as access to agronomic research done by the company.
Beck's serves farmers in Indiana, Illinois, Ohio, Michigan, Kentucky, Tennessee, Iowa and Missouri. Beck's ranks as the sixth-largest seed company in the United States.
"We are excited Beck's has chosen Jasper County for this project," said Chaz Allen, Executive Director of the Jasper County Economic Development Corporation.
Allen said the announcement is more good news for Colfax.
"With the Beck's announcement also they're working on the park where they've taken over the quarry, that's big news for them."
A quarry, which was closing, was given over to the City to develop as a park. Some Iowa State University design students have given suggestions as to how the park can be developed.
So far, funds have not been raised yet to turn that area into a park.