May 17, 2019 10:40 PM
(ABC 6 News) -- The Kraft Heinz facility in Mason City will be growing and adding jobs as the company adds to its product portfolio.
Friday, the Iowa Economic Development Authority approved an incentive package totaling around $232,500 from its high-quality jobs program as the company plans to spend more than $61 million for an expansion of its facility and new packaging and processing equipment. The city of Mason City is also providing Kraft Heinz a property tax rebate for ten years that will total around $185,000.
City administrator Aaron Burnett said the programs are a good investment to help the region's economy grow.
"It's actually a pretty small package compared to the total investment that they're making," Burnett said. "$60 million is a significant investment and in this plant, we're looking at north of 30 jobs, good quality paying jobs."
Wages for the 32 new jobs are expected to be around $17.87 per hour.
The company plans to use the expansion to launch "new innovative desserts in the Ready-to-Eat segment."
Created: May 17, 2019 10:40 PM
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