CEDAR RAPIDS, IA—Appliance manufacturer Sub-Zero Group Inc. will construct a 400,000-square-foot assembly plant here. The $140.6 million project is expected to create 192 jobs.
The company will start construction on the new facility in August 2023, with completion planned for September 2025.
“We have reached the point that our three main sites are burgeoning and full, so we are seeking a new location to add to our footprint for the next leg of our journey,” says Scott Wareing, senior vice president of operations and product design.The Iowa Economic Development Authority awarded the project a $1.135 million forgivable loan and tax benefits. In addition Cedar Rapids City Council approved a 20-year, 75-percent tax exemption for the plant. Tax abatement is subject to maintaining an employment threshold.