Oelwein Battery Company Facility Expanding

Iowa Governor Kim Reynolds was in Oelwein on Friday to celebrate the expansion of a battery company facility.

East Penn Manufacturing Co. executives joined city and state officials on Friday at a celebration of the new battery manufacturing and distribution plant.

The Waterloo-Cedar Falls Courier reports the expansion was aided by $3.1 million in state tax credits and $1.75 million in direct financial assistance approved by the Iowa Economic Development Authority three years ago.

East Penn has operated a smaller distribution center in Oelwein for about 10 years.

 

(story contribution by AP)