Tire Company Building Plant In Iowa

BOONE, Iowa (AP) -- A company based in the Czech Republic plans to build a new agricultural tire plant in Iowa.

Gov. Chet Culver and CGS Tyres made the announcement Tuesday at the Farm Progress Show.

The plant would be built in Charles City, in northern Iowa. Company officials plan to invest $43 million to build the plant.

The company says the plant would create 159 new jobs. Production is expected to begin in 2012.

Culver says the Iowa Department of Economic Development has spent six years working with the company to come to Iowa.

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