North Iowa Business Awarded State Funds for Expansion

A Mitchell County company has been awarded a state tax credit for an expansion.

The Iowa Economic Development Authority (IEDA) Board approved awards Friday for four companies, which will assist in the creation of 226 jobs and result in nearly $45 million in new capital investment for the state.

Recipients include A to Z Drying, which is planning to expand its footprint in Osage with installation of new high-capacity equipment to support its growth. The IEDA awarded the project tax benefits through the HQJ program and is expected to create 16 jobs, with some positions paying almost $25 per hour.

The expansion also represents a capital investment of $23.3 million by A to Z Drying, which has been in operation for 50 years offering custom spray drying, blending, packaging and warehousing.