SPAL Automotive to Establish Right to Work Iowa Headquarters
SPAL Automotive has plans to soon stablish US headquarters in Right to Work Ankeny, Iowa. In order to do this, the Italy-based company is investing a total of $35 million toward the project. They will also create 39 new jobs. So this will be an excellent economic addition!
From Area Development Magazine:
â€œSPAL joined Ankenyâ€™s business community when our business community was in its infancy. […] Twenty years later, SPAL had chosen Ankeny again, this time as its home for manufacturing in the U.S.â€
The Ankeny City Council approved a development agreement between the city and SPAL USA that would provide the company with five years of tax-increment finance rebates of up to $1.2 million.AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.