MAJOR ECONOMIC PROJECT TO BE ANNOUNCED

A MAJOR ECONOMIC DEVELOPMENT INVESTMENT IN THE SIOUX CITY REGION WILL BE ANNOUNCED LATER THIS AFTERNOON.

THE PROJECT IS SIGNIFICANT ENOUGH THAT IOWA GOVERNOR TERRY BRANSTAD, LT. GOVERNOR KIM REYNOLDS AND ECONOMIC DEVELOPMENT DIRECTOR DEBI DURHAM WILL ALL BE IN TOWN FOR THE ANNOUNCEMENT.

A 4PM NEWS CONFERENCE IS SCHEDULED TO RELEASE THE DETAILS.

PRIOR TO THAT, THE WOODBURY  COUNTY BOARD OF SUPERVISORS WILL MEET IN SPECIAL SESSION AT 3PM TO FORMALIZE A DEVELOPMENT AGREEMENT IN CONNECTION WITH THE PROJECT.

THE STATE ECONOMIC DEVELOPMENT BOARD WILL MEET IN DES MOINES AT THE SAME TIME TO VOTE ON APPROVING THE AGREEMENT WHICH IS LISTED ON THEIR AGENDA AS "PROJECT X".