Ankeny Loans $100000 To Ames Company To Move

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An Ames-based business will certainly move its headquarters a few miles south after receiving both city and state incentives.Monday night, the city of

Ankeny approved a$ 100,000 loan for Advanced Analytical Technologies, a maker of hereditary analysis systems.Advanced Analytical prepares to rent 33,000-square-feet of area in Ankeny, formally moving its house to the city. Ankeny officials said the business will bring or produce 101 jobs to Ankeny in the next three years.The business will certainly move 44 tasks from Ames to Ankeny and produce 57 brand-new jobs. The project is expected to cost about $7.8 million.To receive the Ankeny rewards, 24 of those developed jobs have to pay at least $31.91 an hour.The city rewards come after the Iowa Economic Advancement Authority Board granted Advanced Analytical $500,000 in loans

and about $256,000 in tax credits for the move.In a statement, Advanced Analytical Chief Financial Officer Brian Thompson called the city rewards” essential in our relocation choice procedure


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