State awards money to 4 Central Iowa businesses
Friday, October 18, 2013 3:11 PM
The Iowa Economic Development Authority on Friday approved financial and tax incentives to four Central Iowa companies, among several other Iowa companies.
- $5 million and tax benefits to WebFilings, a cloud-based software company that develops secure applications for complex business reporting. The company, which has an office in Ames, is expected to make a $15.5 million building investment there and to create 700 new jobs.
- $320,000 and tax benefits for a $4.1 million project to build new corporate offices in Ankeny for the Lauridsen Group, Inc., which holds several companies involved in the manufacture of animal proteins. The company is expected to create 40 jobs.
- A $50,000 grant to Tap Happy, LLC of Des Moines, which developed a video game by the same name. The game is based on the idea that there are challenges in life that can't be fixed by mastering a skill but that meaning is often found in the journey along the way. The videogame is based on the co-founder's family and his son, who has has outlived a terminal cancer prognosis for almost three years now.
- A $75,000 loan to Rüster Sports of Des Moines. Founded in 2009 by professional triathlete and industrial engineer T.J. Tollakson, the company designs and manufactures endurance sports consumer products. The loan will help the company conduct performance testing on an aerodynamic bicycle it has created.