Winnebago OKs Lease of Former Cummins Plant
The city of Lake Mills, Iowa, and Winnebago Industries Inc. have agreed to five-year lease of a former Cummins Inc. plant in the city, according to a report in the Mason City Globe Gazette.
Winnebago, based in Forest City, will expand to the facility but details were not available on Wednesday (Nov. 13). The lease was approved after a public hearing held on Tuesday during a special Lake Mills City Council meeting.
Sheila Davis, Winnebago’s public relations/investor relations manager, said details of the expansion will be announced in a future news release.
“One thing I can tell you is that in the first year (Winnebago) has agreed to provide 50 jobs in the plant,” Lake Mills Mayor David Steffen said Wednesday.
Winnebago will lease the plant for $1 a month, according to the lease. The $1 per month rent requires Winnebago to have 25 jobs in the plant within the first six months of the lease and 50 jobs within a year. The lease also includes requirements for Winnebago to pay taxes, provide maintenance and liability insurance.
The city of Lake Mills bought the 100,000-square-foot Cummins plant in 2012 after the company — which manufactured cartridge-style filters for the mining industry — laid off about 400 people over 2009 and 2010.
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