Ag Sprayer Plant to Expand/Add Workers in Davenport
April 09, 2014
A Danish company with a plant in Davenport is asking for the city's help to expand. Tonight, the city council is set to vote on a development agreement with HARDI North America.
Brian Moncreif, HARDI's Supply Chain Manager, says about 50 employees make agricultural sprayers and trailers. And the expansion will help the company get into the self-propelled sprayer market. Some of its parts are manufactured in Denmark, then sent to the Quad Cities plant for assembly and painting. "Depending on product line, our North American content ranges anywhere from 30-70%."
Under the proposed deal with Davenport, HARDI North America would be required to create 24 new jobs within 18 months. The plant also plans to increase its use of local suppliers for parts and fabrication.
Moncreif says the city's part of the agreement is a tax increment financing district that would rebate up to $287,000 over 15 years from increased property tax revenue. "We received job training funds from Eastern Iowa Community Colleges and state tax incentives through the High Quality Jobs Program."
The state tax incentives total $93,000. Starting pay for production workers is nearly $15 per hour. But Moncreif says HARDI will also need to hire more plant supervisors and engineers. He hopes ground will be broken next week on the 21,000 square foot expansion.