VERBIO to establish RNG production facility in Nevada, Iowa
VERBIO North America (VNA) is the U.S. subsidiary of VERBIO Vereinigte BioEnergie AG, a German producer of ethanol, biodiesel and renewable natural gas (RNG) serving the European renewable vehicle fuels market since 2000. The proposed project establishes an RNG plant at the former site of the DuPont cellulosic ethanol facility in Nevada. This would be the company’s first production facility in North America. The board awarded VERBIO tax benefits via HQJ for the proposed $35 million project. This investment is in addition to, and separate from, the facility acquisition cost and will go toward converting the plant to utilize the VERBIO RNG technology. The project is expected to create 44 jobs, of which 28 are incented at a qualifying wage of $24.95.


Lely to create North American headquarters in Pella, Iowa
Lely North America, based in Pella, is part of the Lely Group, which was founded in 1948 in the Netherlands. The company develops innovative robotics and data analytics that improve animal welfare, flexibility and production on dairy farms. Lely North America plans to expand its presences in Iowa with the construction of a new, 150,000 square foot North American headquarters. With this expansion, products currently manufactured in Europe will now be manufactured in Pella. The board awarded this $15.7 million capital investment tax benefits from the High Quality Jobs (HQJ) program. The project is expected to create 15 jobs, incented at a qualifying wage of $21.61 per hour.


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