Project facts
- Decision / announcement date
- 2026-07-17
- Date precision
- day
- Sector
- Industrial machinery & equipment
- Facility action
- Expansion
- Project status
- Announced
- Project / facility
- Independence facility expansion (30,000 sq ft)
Figures & qualifications
- Capital category
- Committed
- Capital scope
- site
- Jobs classification
- New/Direct
- Jobs basis
- IEDA: 'is expected to create 100 jobs' (firm, exact); 20 incented at $24.93/hour ($584,500 BIG tax credits = incentive). Counted as 100 newly created jobs per VP/Andy ruling 2026-11-01; the 20 incented are a subset only.
- Statistical exclusion reason
- Expansion band ($50M/100): outside the core $100M/250 statistical series.
Geater Machining and Manufacturing: Independence facility expansion in Independence facility, Independence, IA; investing $16M and creating 100 new jobs.
Not yet recorded · 3 fields
Facility type · Transferred / retained jobs · Construction jobs