The Iowa Economic Development Authority (IEDA) Board approved awards for five different companies across the state, including CemenTech of Indianola. CemenTech will receive funds to help expand the production facility and office space. The project represents a $2.8 million capital investment and is expected to create one job at a qualifying wage of $28.01 per hour. The board awarded the company tax benefits through the HQJ program. All five awards will assist in the creation of 170 jobs and result in $50.4 million in new capital investment for the state.