City officials and the world's largest aluminum trailer manufacturer have reached agreement on a deal for a new production plant in Soda Springs.
The agreement with Featherlite Inc. gives the southeastern Idaho community an economic boost over Salt Lake City and Pocatello and will produce 100 new jobs and a $1.5 million annual payroll.To win the plant, the city will form an economic development corporation to secure a $140,000 grant and private contributions to build a 45,000-square-foot plant that will be leased to Featherlite for the next 10 years. The first year will be rent free.
Mayor Kirk Hansen said the city's location, size and available work force were key factors in gaining the plant that will help diversify the local economy.
Featherlite said it will begin training workers for the plant soon.