Milford, IA (KICD)–Polaris Industries in Milford was recently awarded direct financial assistance of $300,000 and tax incentives via the High Quality Jobs Program through the Iowa Economic Development Authority.
Iowa Lakes Corridor CEO Kathy Evert shared some additional details on this assistance with KICD News.
Evert says Polaris will bring a new product to Milford this Summer called ACE.
This $10 million project will create 150 jobs, 45 of which are incented at a qualifying wage of $15.21 per hour.
Polaris designs, engineers, manufactures, and markets innovative, high quality off-road vehicles, including all-terrain vehicles, side-by-side vehicles, snowmobiles, motorcycles, and on-road electric/hybrid powered vehicles.