IEDA Considers Summit Products Incentive Award

The IEDA is considering $193,000 in BIG incentives for Infonet Corp, dba Summit Products, Inc.'s Altoona expansion. The project would add manufacturing space, robotics and automation equipment, and related technology under a contract ending September 30, 2036.

Document date · September 18, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$100,000 Investment Tax Credit and $93,000 Sales and Use Tax Refund; total $193,000

Contract type

OTHER

Contract term

September 18, 2026 – September 30, 2036

Renewal date

2036-09-30

Renewal

New BIG agreement proposed; contract end date is September 30, 2036.

Document type

AgendaPacket

Source document

Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-09-18

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Iowa Arts Council?

Infonet Corp Dba Summit Products Inc was awarded this government contract by Iowa Arts Council, as recorded on September 18, 2026. The contract value is $100,000 Investment Tax Credit and $93,000 Sales and Use Tax Refund; total $193,000.

How much is the Infonet Corp Dba Summit Products Inc contract with Iowa Arts Council worth?

The Infonet Corp Dba Summit Products Inc contract with Iowa Arts Council is valued at $100,000 Investment Tax Credit and $93,000 Sales and Use Tax Refund; total $193,000.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-09-18 (AgendaPacket), dated September 18, 2026 from Iowa Arts Council. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Infonet Corp Dba Summit Products Inc hold?

Infonet Corp Dba Summit Products Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Infonet Corp Dba Summit Products Inc's profile

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Explore Iowa Arts Council's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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