Land purchased by Iowa Premium Beef
Another milestone occurred recently on the way toward the new Iowa Premium Beef packing plant in Tama.
IPB purchased $1 million worth of land in the vicinity of the plant, which is located at the site of the former Tama Pack facility.
The 120 acres of land was purchased from the Iowa Economic Development Authority, which took ownership of the land from the previous owner when the plant went bankrupt.
Iowa Premium Beef has plans to focus its operation on custom processing and more specialty brands. The proposed first phase of the project would employ 650 people and could reach in another phase employment of 1,000 people.
“Certainly we’re about the creation of jobs and that’s what they are moving forward to do,” said Tina Hoffman, communications director of the IEDA.
A timeline is still unclear about when the IPB plant would be operational.
Heath Kellogg, director of economic development in Tama County, previously told the Times-Republican that this plant would give the area a sorely needed boost in the employment market.
Kellogg did not return a call this past week seeking updated information on the IPB project.