Mason City, Iowa
The Mason City, Iowa BDO Zone for Corn Stover is rated ‘A’.
Rating Issue Date: July 16, 2024.
'A' ratings denote high prospective viability of Feedstock Supply and Infrastructure and low expectations of default risk in the Zone. Capacity to support new biobased plant operations is considered strong.
Mason City, IA holds an investment-grade BDO Zone ‘A’ Rating for Corn stover. Issued in Jul 2024, the rating certifies approximately 2,800,000 gt/yr of reliable, low-risk biomass feedstock available within a 75-mile driving distance from the centre point (Mason City, IA).
A ‘A’ rating is an investment grade rating, signalling a reliable, low-risk feedstock supply. It signals to developers, lenders, and investors that Mason City, IA’s feedstock supply has undergone rigorous, standardized due diligence across 100+ risk indicators, the same framework applied to every BDO Zone across North America.
Every BDO Zone Rating assesses a region across three dimensions, mapped as expanding radii around a candidate site.
- Feedstock surplus: Data indicating at least 50,000 tonnes per year of excess feedstock available to support typical intake of new biofuels manufacturing plants.
- Supply chain strength: Evidence supporting long-term commitment to supply both quantity and quality by local farmers, forestry companies, food waste generators, haulers and municipalities.
- Sound infrastructure: Suitable transportation, logistic, operating and supporting infrastructure to meet the requirements for new facility operations.
Assets & liabilities
- Large quantities of low-risk corn stover available to new projects
- High yielding corn region supporting long-term supply
- Producers willing to participate in mutually beneficial agreements
- No significant competition for corn stover
- Greenfield site in industrial park with all utilities; accommodates multiple projects
- Harvesting/collection equipment currently insufficient and unsuitable
- Limited producer experience supplying rated quantities
- Severe droughts and Derechos significantly impact grain yield
- Fall rain periods drastically restrict collection and storage logistics
Infrastructure & sites
- 145 acres within 1 mile of US 18/IA 27
- 8 miles from I-35
- All major utilities
- Environmental/engineering studies completed
- 63 acres available
- Light/heavy industrial use
- Southwest Mason City
- 2.28-60 acres available
- Active rail service
- Financial incentives
Local grants & incentives
- Corporate tax: Iowa offers 50% deductibility of federal taxes; New Jobs Tax Credit; High Quality Job Creation Program; no corporate personal property tax; no sales/use tax on manufacturing equipment
- Sales tax: 6% state + 1% local option = 7% consolidated
- High Quality Jobs Program: tax credits and direct financial assistance for qualifying businesses
Contacts
