Why invest in Iowa

Quick Map

Why invest in Iowa

 

THE BUSINESS CLIMATE IS RIGHT

Iowa is in the heart of an 8-state market of 40 million people with a total of $1 trillion in personal income. America’s most travelled thoroughfares, Interstates 80 and 35, intersect in the state and connect Canada, United States and Mexico.


Iowa Advantages

  • Low cost of doing business
  • A motivated and well-educated workforce that can effectively and efficiently produce your products
  • No corporate income tax on profits from sales made outside of Iowa
  • No personal property (inventory) tax
  • No property tax on manufacturing machinery, equipment or computers
  • No sales or use tax on manufacturing machinery, equipment or computers
  • No sales tax on electricity or natural gas for use in the manufacturing process
  • Property tax exemptions for the construction of manufacturing and distribution facilities
  • Competitively priced buildings and sites
  • Flexible job-training programs that provide customized training for new and current employees*
  • Direct financial assistance for job creation and new capital investment*
  • A central location  - part of the NAFTA corridor – for easy access to markets

 

* Specific rules and regulations apply