(WOODBINE) Today, the Iowa Transportation Commission approved a Revitalize Iowa's Sound Economy (RISE) Immediate Opportunity grant application submitted by the city of Woodbine.
Up to $294,000 will be made available to assist in reconstruction of a bridge on Bus Brown Drive, and the intersection of Lincoln Way and Bus Brown Drive on the northeast side of town. This project is anticipated to be completed by September 2014.
These improvements are necessary to provide improved access to Woodbine Manufacturing and will support the retention of 16 jobs and creation of 26 new jobs, along with $2 million in associated capital investment. This plant manufactures Tommy Gate® hydraulic liftgates.
Funding for the grant comes from the city share of the RISE Fund.