Today, the Iowa Economic Development Authority (IEDA) Board awarded tax benefits to Diamond Vogel in Orange City for job creation and expansion.
Diamond Vogel is known for its paint for homes and offices, but it also provides industrial coatings to manufacturers, wood finishes to professionals and consumers, and traffic coatings to state and local governments. The company, founded in 1926 in Northwest Iowa, sells under brands such as Diamond Vogel, Old Masters, and Van Sickle. Diamond Vogel plans to construct a new research development center and maintenance facility, as well as renovate the powder coating facility at its existing Orange City campus. The board awarded this $24 million capital investment tax benefits from HQJ. The project is expected to create 154 jobs, of which 69 are incensed at a qualifying wage of $20.48 per hour.
View the original news release from the Iowa Economic Development Authority