The Iowa Economic Development Authority Board has approved an award for a new manufacturing company coming to Dyersville.
Ancient Brands Milling is a leading North American manufacturer of organic and non-GMO puffed grains for market-recognizable brands and co-manufacturers of cereal, granola, energy bars and plant-based alternatives. The company plans to increase its product capacity in Dyersville with the construction of a 92,000 square foot facility. The project represents a $26.5 million capital investment and is expected to create 17 jobs incented at a qualifying wage of $22.63 per hour. The board awarded the company tax benefits through the HQJ program.
The company is one of three companies across the state to receive an award from the IEDA Board on Friday.