Micro-molding leader Accumold expands its Iowa plant with $33 million
Accumold, which makes micro injection molded parts for medical devices, electronics and fiber optics, is adding 53,000 sq ft to its Ankeny, Iowa facility with a $33.25 million investment; 150 new jobs will be created.
Accumold, which produces precision micro injection molded parts for the medical device, electronics and fiber optics sectors, has announced a $33.25 million investment in its facility in Ankeny, Iowa. As part of the expansion, a new 53,000-square-foot (roughly 4,900 m²) section will be added to the existing facility; the new space will house a quality lab, mold maintenance equipment and offices.
The Iowa Economic Development Authority (IEDA) approved a $1.08 million tax credit for the project; in return, the company has committed to creating 150 new jobs, 20 of which will be qualified positions paying $34.53 an hour.
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