A company that manufactures sustainable shipping options for solar modules will establish its headquarters in Lee County, creating an estimated 26 jobs.
The Lee County Economic Development Group has been incubating PVpallet in its Montrose facility.
But now there are plans to expand.
Lee County will become the operations hub for PVpallet, including assembly, warehousing, and distribution, according to a release from the Lee County EDG.
The project represents a $16.2 million capital investment.
PVpallet developed a sustainable shipping option for solar modules to replace traditional wood pallets.
The reusable pallets are made from recycled plastic and they reduce wood waste and module breakage.
Last week, the Iowa Economic Development Authority Board also awarded the company $350,000 in loans and tax benefits.
PVpallet co-founder and CEO Phillip Schwartz said the company sees Lee County as a “growing hub for renewable domestic energy.”
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