Osceola County has several business industrial parks both public and private. In addition, there are several excellent manufacturing facilities currently affordable and available. We will also build to suit in order to accommodate the needs of prospects. Take a look at our available buildings and sites on the LOIS interactive property database.
State and Local Incentives
Osceola County can offer a number of state and local incentives to business prospects. Any incentives granted are based on expected investment in a project; number of jobs created and expected annual payroll and all assistance is subject to approval by governing bodies representing these programs.
Popular incentive options available to businesses wishing to make Osceola County their home include:
- Endow Iowa
- High Quality Jobs
- New Jobs Tax Credit
- Targeted Jobs Withholding Tax Credit
- Iowa Jobs Training Program and Iowa Industrial New Jobs Training - Click here to view additional information from Northwest Community College, who administer the programs locally.
- Local Tax Abatement
- Tax Increment Financing
- Grant and loan financing requests made on behalf of the prospect to state and federal grant and loan programs
- Tax abatement on construction investments
- Low-interest loans from local revolving loan funds
Other factors that make Iowa very attractive to businesses are:
- Iowa Is a Right To Work State
- Iowa Corporate Income Tax
- Unemployment Insurance Rate
- Work Opportunity Tax Credit
- No Personal Property Tax
- No Sales and Use Tax On Manufacturing Machinery and Equipment Purchases
- Research Activities Tax Credit
For more information, visit the Iowa Economic Development Authority's Business Development Program page here.
Osceola County has very competitive/affordable energy rates and availability.
- Osceola Electric Cooperative serves members in Dickinson, Lyon, O'Brien and Osceola counties, but a majority are located in Osceola County. OEC's Sterler Community Solar Park is located north of Sibley, and output is available for purchase. (712) 754-2519.
- Osceola County Rural Water System: (712) 735-6795
- Alliant Energy: 1 (800) 255-4268 - click here for more information on Alliant Energy's flexible solutions to industrial businesses. These could include: Combined Heat & Power (CHP), Solar arrays, Steam, Micro grids, Battery storage, Green RECs, Energy management solutions, Energy efficiency programs, Customizable rate program
- City of Sibley: (712) 754-2541
In 2018, Premier Communications finished rebuilding the greater Sibley area's fiber optic network. The $8 million investment meant all of the company’s facilities within the community and rural area were upgraded with a fiber optic connection to every farm, home and business. Premier put in 138.43 miles of mainline fiber and 51.07 miles of service fiber to 1655 locations.
With the improved infrastructure, the Sibley area is now among a handful of rural communities in Iowa that can boast having “fiber to the home.” The new fiber connections gives access to Premier Communication’s latest products and services along with Internet speeds of up to 1 GB/second. New services available included digital voice and IP video services, and the new fiber allowed Premier to deliver the most reliable and fastest internet available.
Foreign Trade Zone
Northwest Iowa is now a foreign-trade zone. In November 2013, the four-county Northwest Iowa Economic Development organization received a grant of authority from the U.S. Foreign-Trade Zones Board under the U.S. Customs and Border Protection. This is only the fourth foreign-trade zone established in Iowa and the first in a rural area of the state.
Designation as a foreign-trade zone is expected to help attract investment and boost trade in our Region.
A foreign-trade zone is a designated location in the United States where companies can use special procedures that help encourage U.S. activity and value added - in competition with foreign alternatives - by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings.
Foreign Trade Zones benefit the public by:
- facilitating and expediting international trade
- providing special customs procedures as a public service to help firms conduct international trade-related operations in competition with foreign plants
- encouraging and facilitating exports
- helping attract offshore activity
- encouraging retention of domestic activity
- assisting state and local economic development efforts
- helping create employment opportunities.
Foreign Trade Zones benefit the users by:
- eliminating duties on re-exports
- eliminating quota charges on re-exports
- deferring customs duties and federal excise taxes
- offering companies access to streamlined customs procedures
- offering exemption of foreign goods and domestic goods from state and local inventory taxes
and other benefits
If you have questions about the Foreign Trade Zone designation or how your business can benefit, contact Dan Janssen (866) 384-2665 or email@example.com.