THE SIOUX HONEY ASSOCIATION IS EXPANDING AND WILL BUILD A NEW $130 MILLION DOLLAR FACILITY HERE IN SIOUX CITY.
THE PROJECT WAS APPROVED BY THE IOWA ECONOMIC DEVELOPMENT AUTHORITY BOARD FRIDAY MORNING IN DES MOINES.
AUTHORITY DIRECTOR DEBI DURHAM CALLS IT A LEGACY PROJECT FOR THE COMPANY AND THE CITY:
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SIOUXLAND CHAMBER PRESIDENT CHRIS MCGOWAN TOLD THE BOARD THE SITE INCLUDES THE PURCHASE OF AN EXISTING WAREHOUSE AT 2501 EXPEDITION COURT AND ADJACENT PROPERTY NORTH OF SIOUX GATEWAY AIRPORT, AND THAT THE CITY IS INVESTING IN THE PROJECT;
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THE SIOUX CITY COUNCIL WILL FORMALLY VOTE TO APPROVE THE PROJECT ON MONDAY.
THE I-E-D-A BOARD UNANIMOUSLY APPROVED A TWO MILLION DOLLAR FORGIVABLE LOAN AND TWO-POINT-THREE MILLION DOLLARS IN TAX CREDITS FOR THE PROJECT.
THE COMPANY INTENDS TO RENOVATE THE OFFICE SPACE IN THE EXISTING WAREHOUSE ON EXPEDITION DRIVE AND CONSTRUCT A NEW PROCESSING PLANT AND RAW GOODS WAREHOUSE ON THE ADJACENT PROPERTY.
SIOUX HONEY WILL ALSO RELOCATE ITS ANAHEIM, CALIFORNIA OPERATIONS TO SIOUX CITY, CREATING 39 NEW JOBS AND RETAINING 75 EXISTING JOBS.
SIOUX HONEY WAS FOUNDED IN SIOUX CITY OVER ONE HUNDRED YEARS AGO AND HAS GROWN TO BECOME
THE LARGEST BEEKEEPER CO-OP IN THE WORLD.
