Thursday, September 17, 2009

 

West Des Moines OKs loan for insurance company

Midland National is applying for state aid for expansion that would add 86 new jobs, but plans are not yet final... West Des Moines will loan a local insurance company $25,000 as part of an application for $125,000 in state money to help pay for an expansion that promises 86 new jobs over three years.

Midland National Life Insurance Co., 4601 Westown Parkway, plans a $9.6 million expansion, and 25 of the new jobs will qualify as "high-quality" positions under state grant guidelines. That means hourly pay and benefits will exceed $23.22...

Des Moines Register: West Des Moines OKs loan for insurance company

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