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FINANCIAL_SERVICESAWARDED

Iowa Economic Development Authority Board Agenda Packet 2026-05-15

Dieomatic Secures Iowa BIG Tax Incentives For Montezuma Expansion

$315,888 (maximum tax benefits: $300,000 Investment Tax Credit and $15,888 Sales and Use Tax Refund)Iowa Arts CouncilDIEOMATIC INCORPORATEDMay 15, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Dieomatic Incorporated will receive up to $315,888 in Iowa Business Incentives for Growth tax benefits to support a $10.67 million expansion of its Montezuma manufacturing operations. The project will install new production lines and create 27 jobs under a contract extending to May 2036.

Contract Details

Contract Amount

$315,888 (maximum tax benefits: $300,000 Investment Tax Credit and $15,888 Sales and Use Tax Refund)

Vendor

DIEOMATIC INCORPORATED

Agency

Iowa Arts Council, IA

Contract Type

FINANCIAL_SERVICES

Document Date

May 15, 2026

Contract Term

Project investment completion by May 31, 2029; contract end date May 31, 2036

Renewal Date

2036-05-31

Renewal Info

Contract extends through 2036 with standard investment and job performance requirements; company has a separate HQJP award for another facility that remains in performance.

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Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-06-19

RECOMMENDED
Iowa Arts Council (Iowa)Maximum of $300,000 Investment Tax Credit and $15,888 Sales and Use Tax RefundJune 19, 2026

Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-05-15

AWARDED
Iowa Arts Council (Iowa)$315,888 (tax credits: $300,000 Investment Tax Credit; $15,888 Sales and Use Tax Refund)May 15, 2026

Iowa Economic Development Authority Due Diligence Committee Meeting Minutes 2026-05-15

RECOMMENDED
Iowa Arts Council (Iowa)Maximum of $300,000 in Investment Tax Credit and maximum of $15,888 in Sales and Use Tax RefundMay 15, 2026

Iowa Economic Development Authority Board Agenda 2026-05-15

PENDING
Iowa Arts Council (Iowa)May 15, 2026

Iowa Economic Development Authority Board Meeting Minutes 2026-05-15

AWARDED
Iowa Arts Council (Iowa)Maximum of $300,000 Investment Tax Credit and $15,888 Sales and Use Tax RefundMay 15, 2026

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