Electrical Power Products to Invest $42 Million in 420,000 Sq Ft Des Moines Campus Expansion

Electrical Power Products (EP²), a Flex company, plans to expand its manufacturing campus in Des Moines, Iowa by approximately 420,000 square feet to meet growing customer demand. The Iowa Economic Development Authority board approved state support for the project on July 17, 2026.

More fabrication, assembly and wiring capacity

EP² makes engineered-to-order electrical power control and protection systems for utility, power infrastructure and data center customers. The expansion will increase fabrication, assembly and wiring capacity at its Iowa operations.

200 jobs

The $42 million capital investment is expected to create 200 jobs, with 150 incented positions at a qualifying wage of $31.54 per hour. The IEDA board awarded $2.01 million in tax credits through the Business Incentives for Growth (BIG) program.