Calcium Products seeks to expand | News, Sports, Jobs
Calcium Products in Fort Dodge takes one more step toward expanding its facility after Tuesday’s Webster County Board of Directors meeting. The Board of Directors unanimously approved a resolution supporting the improvements to Calcium Products.
The Calcium Products facility is currently located on Webster County Road P59, at the southeast end of Fort Dodge.
Dennis Plautz, CEO of the Greater Fort Dodge Growth Alliance, said: âWhat’s on offer today is a $ 17 million expansion, which includes buildings, machinery, equipment and new palletizers so they can do more than they do today. and be more competitive in the market.
Plautz said the $ 17 million would include $ 7.5 million for construction, $ 8.1 million for machinery and equipment and $ 1.5 million for land.
Calcium Products takes local products such as gypsum and limestone and creates additives for the soil. Plautz said one of its biggest customers is golf courses.
âCalcium Products is a value-added business,â Plautz said. “With this expansion, they can reach out to new consumers and create more development around Fort Dodge.”
Plautz added that Calcium Products will continue to use its current buildings for storage and warehousing and build a new production facility on 40 acres across from the current facility.
This project would also add two jobs while maintaining the current 11 positions. The two new positions are expected to pay $ 20.47 per hour.
The board of directors approved the supporting resolution to give Calcium Products an annual credit rebate equal to 70 percent of the additional tax generated by the new project.
The next step will be for the incentives to be reviewed by the board of directors of the Iowa Economic Development Authority on Friday.
The state will vote to approve a rebate of $ 225,000 of sales, service and use taxes paid during construction. If the State Council approves, the improvement project can go ahead.
Supervisory Board Chairman Mark Campbell thanked Plautz and Kelly Halsted, Director of Economic Development for the Growth Alliance, for their work on this project.
âIt’s very exciting to see more expansion and growth in our regionâ, Campbell said.
With the unanimous adoption of the resolution, Plautz said: âThe support of the Supervisory Board is certainly appreciated. They have always been up to the task and supported the economic development projects that were offered to them.