Rembrandt Enterprises… which has a major production facility in Buena Vista County… is expanding its operations in north central Iowa.
The Iowa Economic Development Authority has approved more than nine-point-seven million dollars in tax credits and refunds for the expansion in Winnebago County. That’s in addition to a one-point-six million dollar incentive package being offered by Winnebago County. In exchange, Rembrandt Foods must create 197 jobs paying at least $14.86 an hour.
According to documents on file with the state, Rembrandt Foods plans to build a new egg-processing plant in Winnebago county that will produce and distribute an egg protein powder. The project has a total price tag of over 92 million dollars, with production to begin next January.