Plans Revealed For $325 Million Iowa Beef Processing Facility
Plans were unveiled Friday morning for a new cattle processing facility in Iowa that developers promise would employ 750 people, process 1,500 head of cattle per day, and have an economic impact of more than $1 billion per year. Those are some gigantic, and important numbers, economically.
Western Iowa Today reports that a new corporation known as Cattlemen’s Heritage will build the $325 million cattle processing facility in Mills County. It will sit along Interstate 29, on the county line between Mills and Pottawattamie counties. That location is just to the southeast of the city of Council Bluffs.
Cattlemen's Heritage plans to break ground next spring with the plant beginning processing operations by the latter part of 2023. Its economic impact will be nothing short of massive, according to Ernie Goss, the Regional Economics Chair at Creighton University. He told Western Iowa Today it will be,
An economic game-changer for Mills/Pottawattamie counties, and surrounding counties. The average salary at the Cattlemen’s Heritage facility will exceed the Iowa average by 5.5%, and the Iowa median salary by 30.3%. From the beginning of construction in 2022 through 2028, the first five years of operations, Cattlemen’s Heritage as planned will support an annual average of 3,319 direct and spillover jobs, wages & salaries of $817.0 million, self-employment income of $414.8 million with a total impact of $6.4 billion.
Average wages at the new plant are expected to be approximately $55,000 per year.