Gelita USA has announced plans to construct a new $22 million dollar manufacturing plant at their facility located near Sergeant Bluff.
Plant Manager Lewis Gaiani says Gelita will produce a new product at their facility:
OC………growing demand. ;24
Gaiani says the company looked at other locations but settled on expanding here in Siouxland, where they’ve had a plant since 1965:
OC………senior executive team. ;20
Gelita received an economic development incentive package from both the state of Iowa and Woodbury County.
County supervisors Chairman Jeremy Taylor says the expansion is important to the Siouxland economy:
OC…….high quality jobs. :13
The state awarded Gelita $105,000 in direct financial assistance as well as targeted jobs tax credits.
Woodbury County approved nearly $500-thousand dollars in rebates via tax increment financing.
Construction of the new facility is projected to begin in early 2017 and is targeted for completion by the end of 2018.