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Economy

State Help for Sterilite

The state of Iowa wants to help a Massachusetts-based company build a new plant in the Quad Cities. Friday the board of the Iowa Economic Development Authority approved assistance for Sterilite Corporation.

It makes plastic storage containers and wants to build a new, 73 million dollar plant in northwest Davenport that will eventually employ 500 people.

The board approved 1 million dollars in "direct financial assistance" and tax benefits.

The Economic Development Authority board also approved assistance for a project in DeWitt. Latham Pool Products is the largest maker of swimming pool components and accessories in North America, and it would like to build a manufacturing plant and distribution facility in DeWitt, costing about 2 million dollars. It would create 23 jobs. 

Latham will receive tax benefits through Iowa's High Quality Jobs program. 

A native of Detroit, Herb Trix began his radio career as a country-western disc jockey in Roswell, New Mexico (“KRSY, your superkicker in the Pecos Valley”), in 1978. After a stint at an oldies station in Topeka, Kansas (imagine getting paid to play “Louie Louie” and “Great Balls of Fire”), he wormed his way into news, first in Topeka, and then in Freeport Illinois.