Daisy Brand, a US-based dairy products manufacturer, is set to construct a new factory in Iowa with the support of state funding. The family-owned company plans to invest $626.5m in a 750,000 square-foot facility, initially creating 106 new jobs with potential growth up to 255 as demand increases.
Boone city officials have approved the project, and the Iowa Economic Development Authority will provide $7m in funding for the facility, along with tax benefits. Iowa Governor Kim Reynolds highlighted the demand for Daisy Brand’s products as the driving force behind the need for an additional manufacturing facility.
Governor Reynolds stated, “With a third of the nation’s top food manufacturers located in Iowa and 26% of our manufacturing industry attributed to food processing, Iowa and Daisy are a perfect fit. Daisy Brand’s investment in Iowa further reinforces our standing as a manufacturing powerhouse and reputation for fostering an environment where businesses succeed and grow.”
Founded in 1917 and headquartered in Dallas, Texas, Daisy Brand specializes in sour cream and cottage cheese production and currently operates manufacturing facilities in Garland, Texas, Casa Grande, Arizona, and Wooster, Ohio.
To stay updated on the latest food and beverage industry trends, sign up for our daily news round-up. Gain valuable industry insights and give your business the competitive edge it deserves.
