Waterloo Business Lands Multi-Million Dollar Economic Development Award
Dignity Apparel LLC to create new jobs with $4.5 million investment
WATERLOO, IA – The Iowa Economic Development Authority (IEDA) Board recently approved awards for three companies statewide, including Dignity Apparel LLC in Waterloo. The company plans to purchase a new building.
Dignity Apparel LLC manufactures garments with domestically sourced fabrics for Image Pointe, its wholly owned subsidiary that offers design and distribution services. Through real estate holding company JP Management Corporation, the project plans to acquire a 77,000 square-foot building in Waterloo, including remodeling space and purchasing equipment and software to accommodate growth. The project represents a capital investment of $4.5 million dollars. The board awarded tax benefits through the High Quality Jobs program.
“This expansion will allow us to create 40 – 55+ new, high-quality jobs in Waterloo that do not require previous experience, skills, or language abilities. Our mission is to create a workplace culture and set of employment opportunities that allow our team members to establish themselves and their families for a better future,” stated by Josh Ruyle, CEO of Image Pointe.
The other two awards went to companies in Dallas County and Red Oak.