Development Agreement Approved for Large Iowa Pork Plant
CLARION, Iowa (AP) — Wright County supervisors have approved a development agreement with a North Carolina-based company that plans to build a $240 million pork processing plant in northern Iowa.
The Mason City Globe Gazette reports the supervisors unanimously approved the deal Monday with Prestage Foods, based on Clinton, North Carolina. The agreement includes building wastewater treatment facilities and improving roads near the plant, located south of Eagle Grove.
Prestage officials say they eventually plan to employ about 1,750 people, with an average salary of $47,000.
The company chose to locate in Wright County after Mason City officials in May rejected plans for the plant in that city.
Last week, a state board approved $11.5 million in incentives for Prestage.