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
