Novae Corporation is expanding the H&H Trailer Division in Clarinda. The $3.9 million dollar project is expected to create an additional 74 jobs. The Iowa Economic Development Authority awarded Novae $518,000 in direct funds and tax credits through their High Quality Jobs Program. The money includes $300,000 in direct funding and $218,000 in tax credits. Novae Corporation acquired H&H in Clarinda January of this year.