(Des Moines) The Iowa Economic Development Authority Board approved awards for three companies on Friday, including one in Council Bluffs.
Acadia Healthcare Company, Inc. in Council Bluffs offers behavioral health services, supporting patients in 39 states with over 250 treatment facilities. The company plans to construct a new 71,000-square-foot facility to provide resident care, specialized care and outpatient programming. The project represents a $64.5 million capital investment and is expected to create 144 jobs, of which 54 are incented at a qualifying wage of $26.35 per hour. The board awarded tax benefits through the Targeted Jobs Withholding program.
The other two companies receiving awarded included Austrian company to build a training facility in Iowa City and Kooima Ag to expand in Rock Valley.