IEDA approves tax incentives for International Paper project

$103 million project will add natural gas boilers, water treatment plant to support company’s Cedar Rapids operations

International Paper Cedar River Mill
International Paper's Cedar River Mill in Cedar Rapids. CREDIT RICHARD PRATT
The Iowa Economic Development Authority (IEDA) has approved a package of tax incentives to support International Paper’s planned $103 million expansion of its Cedar Rapids plant. The IEDA’s board voted Friday, Jan. 20 to approve a total package of $1.2 million in state tax incentives for the International Paper project, comprising a combination of investment […]
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