Fortune 100 Company to Build Facilities in Clear Lake

Economic development officials in northern Iowa say a fortune 100 company is planning to build facilities in Clear Lake. Brent Willett, CEO of the North Iowa Corridor Economic Development Corporation, says the company's identity will remain confidential throughout an 18-month construction period. The company plans to build a 340,000 square foot facility, which will employ 164 people in the next few years. Construction on the $65 million project is expected to begin this spring.