Sheldon, Iowa — Yesterday we told you about a Sheldon manufacturer that had announced a $37-million expansion of their plant in Sheldon.
Sheldon Community Development Director Curt Strouth says Deluxe Feeds $37-million expansion investment may well be the largest of any expansion in Sheldon history.
Strouth says expansion of existing businesses is especially important, since studies show that 80-percent of community growth comes from within.
When Strouth made the announcement to the Sheldon City Council about the Deluxe Feeds expansion, he alluded to a 5-year tax rebate granted by the City. He tells us more.
Strouth says the expansion is projected to create 15 new jobs at Deluxe Feeds. He says that marks a tremendous increase in their workforce.
Strouth says groundbreaking on the project will take place later this year.
The Deluxe Feeds expansion will take place at their current facility, which is located along 16th Street in Sheldon, to the west of Rosenboom Machine & Tool.
Original story posted @ 6:15 pm 6/21/17
Sheldon, Iowa — Deluxe Feeds, Inc., a division of Kent Nutrition Group, has announced plans for an expansion to their Sheldon facility, that will allow the plant to offer a wider variety of products and services.
At Wednesday’s Sheldon City Council meeting, Community Development Director Curt Strouth made the announcement to the Council.
According to Deluxe Feeds, their plant will increase capacity and versatility by adding five new pellet mills, two separate processing lines, high-efficiency packaging equipment, robotic palletizers, grain cleaning and packaging innovations, and a 50-thousand-square-foot warehouse.
Deluxe Feeds General Manager Dan Paca says this marks the fourth expansion to the Sheldon plant since 2003.
The City of Sheldon is taking steps to award Deluxe Feeds a full five-year tax rebate for the expansion project, according to Strouth. He says the expansion is projected to add 15 new jobs to the City of Sheldon, and increase the value of taxable property, as well.
Strouth says the $37-million project will include $10.5-million of new taxable valuation, which will generate approximately $330-thousand per year.
The project is expected to take 18 to 20 months to complete. A groundbreaking ceremony will be held later this year to celebrate the expansion.
