8040 Holdings to expand in Clive
CLIVE, Iowa — A Clive vending company, 8040 Holdings Inc., plans to invest more than $5 million to expand its software platform and add a new product line.
Founded in 1931, 8040 Holdings provides a full range of products and services to meet the needs of small or large vending operations including design, manufacturing, financing, national and international sales. The company does business online at www.vending.com.
The Iowa Economic Development Authority approved 8040 Holdings for $278,500 in tax benefits through the High Quality Jobs Program. Under the terms of the agreement, the company will create three jobs at a qualifying wage of $26.72 per hour.