Learn more about relocating or expanding to Iowa

Iowa business climate, manufacturer incentives, and advantages of IA communities

Relocate or Expand to Iowa - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Iowa business climate, manufacturer incentives, and advantages of IA communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Iowa Business Data*

Iowa

Population: 3,007,856
Total Labor Force: 1,677,800
Unemployment Rate: 4.3%
Number of Manufacturers: 5,284
Manufacturing Jobs: 262,058
Right to Work: Yes
Unemp. Ins. Tax: 0.09.0%
 
Corporate Income Tax:
Graduated: 6% on first $25,000; 8% on next $75,000; 10% on next $150,000; 12% on all over $250,000.

Sales Tax:
6%. Exemptions include: Purchases of manufacturing machinery and equipment.

Property Tax:
Properties are assessed at 100% of market value. Levied on the taxable value of real property. No personal property tax including goods-in-progress inventories and raw materials.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
22% Food and kindred products
18% Industrial machinery and equipment
8% Fabricated metal products
8% Printing and publishing
7% Electronic and other electric equipment

Largest Manufacturing Establishments:
(by number of employees)
Rockwell Collins, Inc. (Cedar Rapids) - 7,800
John Deere Waterloo Works (Waterloo) - 4,200
Tyson Fresh Meats, Inc. (Waterloo) - 2,500
Cargill Meat Solutions (Ottumwa) - 2,400
JBS USA, LLC (Marshalltown) - 2,300
Alcoa Davenport Works (Bettendorf) - 2,300
 
Counties with the Most Manufacturing Jobs:
Polk - 32,480
Linn - 25,359
Black Hawk - 16,317
Scott - 14,799
Dubuque - 13,465

Cities with the Most Manufacturing Jobs:
Cedar Rapids - 21,727
Des Moines - 20,385
Waterloo - 13,504
Davenport - 9,434
Dubuque - 9,223

Manufacturing Related Business Incentives:
Grow Iowa Values Financial Assistance Program
Demonstration Fund (commercialization incentive)
Public Facilities Set-Aside Program (PFSA)
Export Trade Assistance Program (ETAP)
Enterprise Zones
New Jobs Tax Credit
High Quality Jobs Program
Brownfield/Grayfield Tax Credit Program
Research Activities Tax Credit
Targeted Jobs Withholding Tax Credit Pilot Program
Revolving Loan Funds
Local Property Tax Abatement & Exemption Program for Industrial Properties
Tax Increment Financing
Regulatory Assistance Program


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Marshalltown Economic Development Impact Committee
Marshall Economic Development Impact Committee (MEDIC) is a public/private full service economic development firm in Central Iowa representing Marshall County, Iowa (Population 45,000). We specialize in assisting companies interested in locating, expanding or starting in Central Iowa with a focus on advanced manufacturing, biosciences & distribution.
P.O. Box 1000, Marshalltown, IA 50158 (Map & Aerial View)
(641) 753-6645


Quad Cities First
Quad Cities First is the lead Bi-State economic development organization for Eastern IA & Western Illinois. Our centralized region, the only place in North America where the Mississippi River & Interstate 80 intersect, offers multi-modal transportation affording easy, cost-effective access to domestic & international markets.
130 W. 2nd St., Davenport, IA 52801 (Map & Aerial View)
(563) 327-0160
www.quadcitiesfirst.com




Looking to reach Iowa manufacturers? Access the Iowa Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/19/2014.

a service of Manufacturers' News, Inc. - directories & databases since 1912