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MegadealsSubsidy Tracker Individual Entry
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.