Plans were unveiled on Friday morning for a new livestock processing facility in Iowa, which developers say would employ 750 people, process 1,500 head of cattle per day and have an economic impact of more than a billion dollars. dollars per year. These are gigantic and economically important numbers.
Western Iowa Today reports that a new company known as Cattlemen’s Heritage will build the $ 325 million cattle processing facility in Mills County. It will be located along Interstate 29, on the border between Mills and Pottawattamie counties. This place is just southeast of the town of Council Bluffs.
Cattlemen’s Heritage plans to lead the way next spring and the plant will begin processing operations by the end of 2023. Its economic impact will be simply huge, according to Ernie Goss, president of regional economics at Creighton University. . He said Western Iowa Today it will be,
An economic change for Mills / Pottawattamie counties and surrounding counties. The average salary at the facility at Cattlemen’s Heritage will exceed the Iowa average by 5.5% and the Iowa median salary by 30.3%. From the start of construction in 2022 to 2028, the first five years of operation, Cattlemen’s Heritage, as planned, will support an annual average of 3,319 direct and indirect jobs, wages and salaries of $ 817.0 million, income freelance work of $ 414.8 million with a total impact of $ 6.4 billion.
Average wages at the new plant are expected to be around $ 55,000 per year.
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