City inks final agreement with 1st Southbridge business - KTIV News 4 Sioux City IA: News, Weather and Sports

The city of Sioux City is ready to cut the ribbon Thursday, on the first business to open its doors in the Southbridge Industrial Park.

Monday night, city leaders signed off on the final development agreement with Sabre Industries.

The first phase includes a 200,000 square foot building for the utility transmission structure manufacturer.

In the next three years, additional buildings will open on the campus, and more than 200 jobs will be created.

The city has been working for years to attract companies to the business park.

"You get up to bat a lot, and we've had some great companies that almost went there, but I think a really fitting company to locate there.  Sabre, that's a local company, started here, has really grown, and good paying jobs, good skilled employees," said Economic Development Director Marty Dougherty.

Dougherty says there are more opportunities to market Southbridge than there were a few years ago.

He expects another big economic development announcement to come out of the industrial park this year.