Associated Bank has closed an $84 million construction loan to Enclave for the development of a 622,788-square-foot build-to-suit heavy manufacturing facility in Altoona, Iowa. The financing was arranged and led by Associated Bank as administrative agent, with First National Bank of Omaha and Wintrust Financial participating as syndicate lenders. The new facility, built for Robinson, Inc., marks Robinson’s first manufacturing plant outside Wisconsin and is expected to create over 100 new jobs when completed in early 2027. The project also includes a $9 million infrastructure investment from the City of Altoona and a $76 million upgrade investment from Robinson.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Associated Banc-Corp published the original content used to generate this news brief on February 03, 2026, and is solely responsible for the information contained therein.