PROJECTGRANT FUNDING

UEA Waverly expansion agreement

City of Waverly
Detected
Jul 6, 2026
120 days ago
Sector
Grants
Est. value
Free account
Detected 120 days agoJul 6

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THE 30-SECOND BRIEF

What's planned

United Equipment Accessories is expanding in Waverly by purchasing and renovating a 33,400 sq ft industrial facility and creating 18 new full-time jobs. The City approved a TIF-funded development agreement providing up to $36,000 in performance-based grants tied to job creation and retention, complementing state Business Incentives for Growth assistance. Vendors in industrial renovation, equipment, HR and training, and workforce services can target UEA’s growth and the city’s ongoing use of incentive tools for future projects.

Background

Local incentive structured as two $18,000 max grants funded with TIF. Project also supported by Iowa Economic Development Authority Business Incentives for Growth Program.

From the meeting

Meeting date
July 6, 2026
Agency
City of Waverly

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