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Iowa Signals Strategic Shift in Bioeconomy as ADM Receives State Incentives for Fifty-Five Million Dollar Precision Fermentation Facility in Clinton
The Iowa Economic Development Authority (IEDA) board has officially approved a significant package of tax credits to support the transformation of an existing industrial site into a high-tech hub for alternative protein production. On August 21, the board awarded Archer Daniels Midland (ADM) $2.23 million in tax incentives to facilitate the conversion of a substantial…
