New Davenport Kraft Plant to Receive More Than $20 Million in Grants
New information has been made public about the Kraft Heinz plant that will be closing in Davenport. The future of the plant was uncertain due to funding concerns for the building of a new facility. If the plant did not receive the necessary grants from the state and local government to rebuild, Kraft Heinz was planning on moving the plant to Missouri, according to this article in The Quad City Times.
However, the grants worth more than $20 million were recently approved, and plans for building a new plant can now move forward according to The Des Moines Register. The current plant on W 2nd Street in Davenport will be demolished within a few years, and the new state-of-the-art facility will be built in northwest Davenport. That's the good news.
The bad news is that the new plant is only promised to employ 475 people, the minimum number the company needed to qualify for city and state incentives. The current plant has 1,400 employees. There is no word if the new plant will employ more than the minimum.