Search

Recent Posts

Recent Comments

Categories

Archives

Your email address:


Powered by FeedBlitz

Newsvine Top News

Creative Commons Attribution 3.0 Unported

Analytics

Newton Independent

« Rants ends campaign for governor | Main | Gov. Culver notes Newton's 'resiliency' »

February 18, 2010

IDED approves $6.5 million forgivable loan for Whirlpool Amana plant

Newton Independent

The board of the Iowa Department of Economic Development today approved a $6.5 million forgivable loan to Whirlpool as part of a $20 million capital project at its Amana refrigerator facility.

The award will retain 1,600 jobs at approximately $13 an hour at the former Maytag-owned facility.

Governor Chet Culver touted the significance Whirlpool award, and several others that represent a total of $32.5 million in economic investment in the state.

"This is great news for Amana and great news for Iowa," he said. "This shows that even in tough economic times, good things are happening here in Iowa."

You can read the announcement here.

Posted by Newton Independent on February 18, 2010 at 04:05 PM in Iowa News |

| | |

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a01053590f0a9970c012877b64462970c

Listed below are links to weblogs that reference IDED approves $6.5 million forgivable loan for Whirlpool Amana plant:

Comments

Relay for LIfe Pie Toss

  • 102_1130

Jasper County Honor Flight Send Off Photos

  • 102_1083

Become a Supporter

  • Online news
    Journalism is a Public Good Worth Supporting. And that's why I ask for your support. If you rely on the information you find here - and I know my more than 4,500 regular readers do - I ask for your financial support to allow this new form of journalism to continue to move forward and to continue to grow. Thanks for your continued support, Peter Hussmann Newton Independent 313 W. 2nd St. S. Newton, Iowa 50208 phussmann@gmail.com

Become A Sponsor

  • Get your business or organization out there in front of the thousands of individuals relying on the Newton Independent to provide them the local news and insight that matters. Contact phussmann@gmail.com on how to make that happen.