Project Type: Expanding existing US production
Geater Machining and Manufacturing Plans $16 Million Expansion in Independence, Iowa

Geater Machining and Manufacturing Co. plans a 30,000-square-foot expansion of its facility in Independence, Iowa. The Iowa Economic Development Authority board approved state support for the project on July 17, 2026.
Up to 40% more capacity
The expansion will increase production capacity by approximately 33% to 40%. It includes additional manufacturing space, a new visitor entrance with office space and new manufacturing equipment. Founded in 1962, Geater provides machining and fabrication services for aerospace and defense, communications, electronics and technology customers.
100 new jobs
The $16 million capital investment is expected to create 100 jobs, with 20 incented at a qualifying wage of $24.93 per hour. The IEDA board awarded $584,500 in tax credits through the Business Incentives for Growth (BIG) program.