Hydrite Chemical Company expands Waterloo facility

posted on Friday, December 28, 2012 in Blog

December 27, 2012 (DES MOINES, IA) – The Iowa Economic Development Authority (IEDA) board today awarded financial assistance to three companies for job creation and expansion projects. Today’s awards will assist in the creation of 96 jobs, retention of nine jobs and will result in over $9.9 million in new capital investment for the state.


The board held a telephonic meeting today to take action on three of the seven projects that were to be considered at the Dec. 20 meeting that was cancelled due to weather. The other projects will be reviewed at future meetings.

Hydrite Chemical Company expands Waterloo facility

Hydrite Chemical Company, one of the largest manufacturers and distributors of chemical products in the U.S., plans to expand its existing Waterloo facility to increase production capacity with the assistance of board-approved tax benefits. The project is expected to create nine jobs, retain one job and represents a capital investment of $8.83 million.

Read more here.