The City Council will be asked to consider a proposal from Kinseth Hospitality Company, Inc. on Monday for the construction of a major new downtown hotel. The City has worked closely with Kinseth to develop a plan to build a five-story Courtyard by Marriott Hotel connected to the Sioux City Convention Center. The new full-service hotel will offer 151 rooms and be financed and constructed by the developer, which has secured the Marriott Courtyard brand and required financing.
The Center for Business Growth and Innovation at the University of Northern Iowa is excited to launch Iowa’s Great Idea Challenge, a new contest for entrepreneurs throughout the state who have an innovative business concept.
“We are excited to rally around the earliest stage start-ups through Iowa’s Great Idea Challenge to provide feedback to entrepreneurs and to guide them through the process of building strong, vibrant and sustainable businesses,” says Patrick Luensmann, Program Director at the Center for Business Growth and Innovation.
Seaboard Triumph Foods announced today plans to expand its new pork processing facility in Sioux City, Iowa, to include the addition of a second shift.
The addition of a second shift will allow processing of up to approximately 6 million hogs annually. The plant will employ approximately 2,000 people, including about 200 salaried positions and 1,800 hourly production positions. The plant is currently in the final stages of construction in the Bridgeport West Industrial Park in Sioux City, located north of the Sioux Gateway Airport along the Missouri River.
Contact: Megan Moore
Innovation Market Marketing Coordinator
megan.moore@sterlingcomputers.com
712-899-2318
SIOUX CITY, IA – The Sioux City Growth Organization (SCGO) is in search of new business ideas for its 7th Annual Innovation Market competition. Entrepreneurs can submit their ideas now at www.siouxcitygo.com/innovatesc. Submission closes at midnight on Sunday, February 12th.
Building Permits: The City of Sioux City saw record breaking residential housing construction in 2016. A total of 241 housing units were built, the highest number in the past decade. The previous high was 205 units in 2015. The following table shows the number of housing units constructed over the past decade.
Josh Doering, a senior business administration major at Morningside College, won the Collegiate Entrepreneurs' Organization 2016 Pitch Competition.
Doering has developed and marketed Seed Slide, a device that allows farmers to safely open and unload large seed boxes.
A panel of judges awarded Doering the first-place prize of $3,500 after hearing 80 college entrepreneurs from around the country pitch their startup business ideas.
Gelita USA has announced plans to construct a new $22 million dollar manufacturing plant at their facility located south of Sioux City and create at least 21 new jobs. The Port Neal complex, which employs about 250 people, is billed as the world's largest gelatine factory. Gelita recently received an economic development incentive package from both the state of Iowa and Woodbury County.
Industrial electronic equipment manufacturing company, Rocklin Manufacturing Co., plans to invest $1.2 million in renovations of their 1880s two-story building and demolish its two other buildings. The plans will double the amount of usable space to 8,000 sq. ft. and include larger assembly and production areas, office space, storage and room for further growth. The state approved financial assistance through the Targeted Jobs Program in addition to tax credits from the state and the city.