The Iowa Economic Development Authority approved financial incentives for Lely, Inc., to build a new headquarters in Pella.

Lely North America–currently located north of Vermeer Corporation, develops innovative robotics and data analytics that improve animal welfare, flexibility and production on dairy farms. Lely North America plans to expand its presence with the construction of a new, 150,000 square foot North American headquarters. With this expansion, products currently manufactured in Europe will now be manufactured in Pella. The board awarded this $15.7 million capital investment tax benefits from the High Quality Jobs (HQJ) program. The project is expected to create 15 jobs at a qualifying wage of $21.61 per hour. The Pella City Council has committed to provide a local match to the incentives, assuming the headquarters is built in the corporate limits.