Company: Hormel Foods Corporation, Progressive Processing, LLC Parent Company: Hormel Foods Subsidy Source: state Location: Iowa City: Dubuque County: Dubuque Year: 2019 Major Industry of Parent: food products Specific Industry of Parent: meatpacking Subsidy Value: $575,706 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: 72 Wage Data: $23 Wage Data Type: Qualifying wage Capital Investment: $13,006,400 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.