(Des Moines)—A Lake Park company is getting some state funding for a planned expansion.
The Iowa Economic Development Authority today (Friday) awarded Northern Iowa Die Cast $60,000 in direct financial assistance and tax benefits through the state’s High Quality Jobs program.
Northern Iowa Die Cast is planning a 12,600 square foot expansion of its operations in Lake Park. Company officials say the expansion will result in 18 new jobs, 10 of which are receiving a state incentive with a qualifying wage of $14.63 per hour.
Northern Iowa Die Cast manufactures, assembles and paints aluminum and zinc die castings for original equipment manufacturers, including John Deere. The company’s products are shipped to customers in eight states and four foreign countries. Northern Iowa Die Cast was founded in 1938.
