Hawkeye Pride Egg Farm

New Markets Tax Credit Coalition

Corwith,
IA
(2010)

Hawkeye Pride Egg Farm

Business Development, Manufacturing, Rural

Hawkeye Pride Egg constructed a new building and purchased equipment to enhance their process of breaking the eggs and separating the shells from the liquid.

Investment

NMTC Amount: $9,800,000
Total Project Cost: $10,172,194

IMPACT

72 FTE jobs
50 construction jobs

CDEs

Iowa Community Development

Investor

US Bank

Project Description

Hawkeye Pride Egg constructed a new building and purchased equipment to enhance their process of breaking the eggs and separating the shells from the liquid. This USDA supervised plant processes eggs from approximately six million hens on site. It also provides liquid eggs to a nearby processing facility in Britt, which provides an additional 50 jobs for rural Hancock County.

MAP

Address: 1275 Deer Avenue, Corwith, IA 50430

Census Tract: 19081270400

Other Iowa Projects

The 550 Building, L.C.

Cedar Rapids,
IA
(2017)

Mixed-use

CDE(s): Central States Development Partners

NMTC financing to support a refinance structure of a real estate holding company in its renovation efforts of a mixed-use development in a highly distressed area of Cedar Rapids, IA.