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JBS Perry Facility: Iowa Tax Credits Approved - News Directory 3

JBS Perry Facility: Iowa Tax Credits Approved

June 21, 2025 News
News Context
At a glance
  • Perry, Iowa, is set to⁤ receive a ⁣significant economic boost with ‍JBS USA planning to construct a $135 million sausage production facility.
  • The⁤ IEDA board approved $9.45 million in investment tax⁣ credits and $2.6 million⁣ in sales and use tax⁢ credits for JBS USA Food Co.
  • According ⁤to IEDA documents, JBS USA processes and packages fresh sausage under various brands, operating ⁤in 15 ⁤countries and providing products to over‍ 100 countries.
Original source: businessrecord.com

Iowa’s Perry⁣ community gets a major economic shot in the arm: JBS USA is building a $135 million sausage plant! This critically important ⁤investment will create over 300 jobs and is supported by more than $12 million in‍ state tax credits, signaling a new chapter for the city. The ⁤Iowa Economic Growth Authority’s backing, combined with local incentives, underscores the optimism surrounding the new food facility. News⁤ Directory 3 reports on this critical development, noting the company’s plans⁢ too build a 150,000-square-foot plant and the city’s contribution. Construction is set to start soon,promising a boost to local employment. Discover what’s next …

Key Points

  • JBS USA to build $135 ⁢million sausage plant in Perry, Iowa.
  • Project expected to create over 300 jobs.
  • Iowa Economic Development ⁤Authority approves $12 million in tax credits.
  • Perry to provide $10 million in ⁤tax increment financing.
  • Construction slated to begin this year,complete by November 2026.

JBS Sausage Plant to Bring Jobs to ⁢Perry, Iowa

Updated June 21, 2025
⁣

Perry, Iowa, is set to⁤ receive a ⁣significant economic boost with ‍JBS USA planning to construct a $135 million sausage production facility. ⁣The Iowa Economic Development Authority (IEDA) has approved more than ⁣$12 million in state assistance to support the project, which is projected ⁢to create over 300 jobs in the area. The new JBS USA⁣ food facility will play a key role in the local economy.

The⁤ IEDA board approved $9.45 million in investment tax⁣ credits and $2.6 million⁣ in sales and use tax⁢ credits for JBS USA Food Co. The company plans to build a 150,000-square-foot facility in Perry, a year after the Tyson plant closure impacted the community.

According ⁤to IEDA documents, JBS USA processes and packages fresh sausage under various brands, operating ⁤in 15 ⁤countries and providing products to over‍ 100 countries. The company employs more⁢ than 150,000 people worldwide.

The company plans to create 250 jobs within the first three years of operation, with an additional 70 jobs to follow. Fifty-seven of these positions will pay $31.10 per hour. The city of Perry will also contribute a 10-year tax ⁤increment finance rebate valued at $10 million.

Construction is expected to begin before ⁤the end of the year, with completion targeted for November 2026. JBS USA already operates several other facilities in Iowa, including locations in Council Bluffs, Marshalltown, Oakville, and Ottumwa.

Perry City Administrator Sven Peterson called the JBS proclamation a welcome development for the community of about 8,000 people northwest of Des Moines. “If you would have asked⁤ me a year ago if I thought that something like this would be possible ⁢within a year of the Tyson closure, I ‍would have told you that you‍ were absolutely insane,” Peterson said.

IEDA Director Debi Durham⁣ praised perry’s leadership and expressed confidence in JBS as a corporate partner.”You ⁣have a really good partner with JBS and we also made it very clear that we expect them to be very good corporate⁢ citizens, and we’ve seen that in other places,” Durham said. “they’re very excited to be in your community.”

Gov. Kim Reynolds hailed the JBS announcement as “tremendous news for Perry and the entire state of Iowa.” She added, “At a time when Perry has faced real challenges, this investment brings renewed hope and opportunity for the ⁣hardworking families who call this community ⁣home.”

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