City leaders hope industrial park's first tenant will lure simil - KTIV News 4 Sioux City IA: News, Weather and Sports

City leaders hope industrial park's first tenant will lure similar businesses

SIOUX CITY, Iowa (KTIV) -

Five years of work by city leaders to bring business to an industrial park is finally paying off.

Sioux City's Sabre Industries will invest $28-million and add hundreds of jobs over the next few years.

The company plans to keep their existing plant operating, and build a brand new $18-million facility in the Southbridge Industrial Park, doubling its workforce from 200 to 400 in the first phase.

Future phases could bring an additional 100 jobs.

Ground will be broken this spring with construction expected to be finished in October.

City officials say they competed with four other states for the project.

To keep Sabre, Sioux City will apply for nine million dollars in state tax incentives such as Targeted Jobs Withholding Tax Program, The High Quality Jobs Program, and the New Jobs Training Program.

The city will give the company the land in Southbridge and put in the necessary infrastructure.

Sabre started in Sioux City building power poles but business really took off with the need for more transmission lines, which they also design and manufacture.

City leaders hope Sabre's growth sparks more interest in the Southbridge Industrial Park from other industries.

Sabre will take up 150 acres of property in the park.  There will still be another 350 acres to develop.

Paul Eckert, City Manager said, "It's going to say, we're open for business. Southbridge is successful and it's thriving. It's going say it's got all the infrastructure any industry would need. It's gonna say we set ourselves apart."

Sioux City is still holding onto hope that the first business they announced to go into Southbridge back in 2010, international wind turbine manufacturer TPI, will break ground someday.

But, wind energy is in a holding pattern right now, waiting for the transmission lines to move power to parts of the country that need it.

Without it, there's not much need to build more turbines.

The Rock Island Clean Line Energy Project has looked at harnessing the area's wind power and installing those transmission lines in Woodbury County.

A Clean Line spokesperson said they've been in talks with a number of manufacturers, including Sabre Industries.

The Southbridge Industrial Park first appeared in the city's comprehensive plan in 2005.

Sioux City began acquiring land for the project five years ago. 

For two years, the city has been working with developers to market the site to manufacturers, food processors, and other heavy industries.

Officials say installation of key infrastructure will wrap up this summer.

 

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