Connect With Us
                     

NEWS

 

Official Says Clear Lake Landed Warehouse Project

by KIX101.1 /1230 KFJB News Department posted Mar 11 2014 10:05AM

CLEAR LAKE, Iowa (AP) — An official says Clear Lake has landed a regional warehouse and distribution center that could bring more than 160 jobs to the area.

The project would involve a Fortune 100 company that hasn't been formally announced.

Brent Willett is chief executive officer of the North Iowa Corridor Economic Development Corp., and he told a special session of the Clear Lake City Council on Monday that "we are a full-go with the company for this project." The council approved the purchase agreement for $1.62 million in bonds that will fund a 10-year forgivable loan from the city.

The company intends to build a 340,000-square-foot facility in the Clear Lake Industrial Park and employ at least 164 workers in the next few years at an average wage of $39,000 a year.


 
Filed Under :
Topics : Business_Finance
Location : IowaNorth Iowa
People : Brent Willett
03/11/2014 10:00AM
Official says Clear Lake landed warehouse project
Please Enter Your Comments Below
Title :
Comment :
On Air Now
Kix Listener Club
Recent Posts
Soccer team chairman angry after "mob-like behavior"
Library janitor steals computer, proceeds to destroy it
Elderly cyclist collides with flatbed truck, dies from injuries
Iowa child "protector" accused of hitting two children
Cashier takes baseball bat to robber, deters theft
Tag Cloud
No Tags Found !
Categories 
Archives