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News Release
Jan. 8, 2008 |
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Iowa Transportation Commission
AMES , Iowa – Jan. 8, 2008 – The Iowa Transportation Commission today approved a Revitalize Iowa's Sound Economy (RISE) Immediate Opportunity grant application submitted by the city of Greene . Up to $45,200 will be made available to assist in grading and paving an extension of Industrial Parkway from the end of the existing pavement west approximately 188 feet. Funding for the grant comes from the city share of the RISE fund.
The improvements are necessary to provide access to the Allan Industrial Coatings' new facility. The roadway will support the creation of 15 new jobs and $594,100 in associated capital investment.
At present, Allan Industrial Coatings currently maintains two facilities in Butler County . The company plans to expand operations to Greene with the acquisition of a 9,600-square foot building to be used as a wet-paint facility. # Contact: Stuart Anderson, 515-239-1664 or stuart.anderson@dot.iowa.gov
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