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An Iowa city’s leaders promise to work with unnamed company

MAQUOKETA, Iowa (AP) — The leaders of an eastern Iowa city have promised to work with a company they know little about — including its name — but that could bring up to 200 new manufacturing jobs to town.
The Telegraph Herald reports that city of Maquoketa leaders signed a nonbinding letter of intent to the company that says that if Maquoketa were chosen for the project, city leaders will propose a development agreement. The objective is to have that agreement in place “within the next 120 days, if not sooner.”
Nic Hockenberry is director of Jackson County Economic Alliance, and Hockenberry says “this isn’t usually how it works if you’re being considered for a site, but we take all inquiries seriously.”
The city would provide the land and help install utilities to the site, if the city were chosen.

Associated Press

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