Company: Hormel Foods Corporation And Burke Marketing Corporation Parent Company: Hormel Foods Subsidy Source: state Location: Iowa City: Nevada County: Story Year: 2018 Major Industry of Parent: food products Specific Industry of Parent: meatpacking Subsidy Value: $10,512,000 Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information. Program Name: High Quality Jobs Program Awarding Agency: Iowa Economic Development Authority Type of Subsidy: grant/loan hybrid program Number of Jobs or Training Slots: 210 Wage Data: $25 Wage Data Type: Qualifying wage Capital Investment: $15,000,000 Source of Data: (click here) Notes: Year is award year. Investment is capital investment. Jobs number is total contracted amount. Subsidy amount is direct funding and maximum tax benefit combined. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.