Nov. 24, 2014
Monsanto is planning to invest just under $75 million into its US Muscatine plant that produces Roundup herbicide.
The Iowa Economic Development Authority Board will consider a request from Monsanto for state incentives to help finance the project, according to state documents.
Most of the project's cost would go toward machinery and equipment, such as pumps, pipes and tanks, according to a project summary from the authority.
Requested incentive amounts were not immediately available.