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

Amcor High Quality Jobs Contract To Be Terminated

$172,591 Estimated Tax Credit BenefitsIowa Arts CouncilAMCOR RIGID PACKAGING USA LLCMay 15, 2026

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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
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Description

Amcor Rigid Packaging USA, LLC has requested mutual termination of its High Quality Jobs Program contract 20-HQJP-025 with the Iowa Economic Development Authority. The $172,591 estimated tax credit agreement for an Ames project will be ended with no incentives claimed or paid.

Contract Details

Contract Amount

$172,591 Estimated Tax Credit Benefits

Vendor

AMCOR RIGID PACKAGING USA LLC

Agency

Iowa Arts Council, IA

Contract Type

FINANCIAL_SERVICES

Document Date

May 15, 2026

Contract Term

Project Completion Date April 30, 2023; Project Maintenance Date April 30, 2025

Renewal Date

2025-04-30

Renewal Info

Contract covered a project completed April 30, 2023 with maintenance through April 30, 2025; company is ending the agreement after maintenance without drawing incentives.

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