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Iowa Economic Development Authority awards $2.23 million in tax credits to ADM in Clinton

The credits are expected to help create 13 jobs and support ADM’s bioprocessing expansion, state officials said.

Summary by Bulletin-Review
The Iowa Economic Development Authority awarded $2.23 million in tax credits to the Archer Daniels Midland Company to expand precision fermentation capabilities in Clinton. According to a Friday news release, the company plans to convert an underutilized 463,503-square-foot fermentation facility…

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Muscatine Journal broke the news on Friday, August 21, 2026.
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