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When a decision on the hotly debated Bakken Oil Pipeline in iowa will finally be made. Road rage. Anger over the condition of the roads in a central iowa county. Locals say theyre dangerous. Where the county is laying blame. From who hd iowas High Definition leader. This is the channel 13 news at nine on fox 17 Dupont Pioneer began reducing preparation for a merger with dow chemical. So far, thats cost dozens of iowans their jobs, and the deals latest development has some worrying more cuts are to come. Good evening. Im lynn melling. Thank you for joining us. The merger would result in three s...

The 26 hundred person facility. Johnston mayor Paula Dierenfeld says the company in johnston expects to hover around that 26hundred employee level in the shortterm. And while there may be some layoffs still, she believes the Research Focus johnston is getting from dowdupont will create more jobs in the future. 1 55 50 as they work through this merger theres going to be a little shakeout, and we can probably expect those numbers to decline a little bit. And well see some more loss of jobs in the short term, but over the long term, we believe because theyll continue to do their Research Activiti...

Heres what that extremely modest deal looks like. In exchange for maintaining. Not creating 500 research and development jobs. Dowdupont will get 16million dollars in state aid. 2million will come in the form of a forgivable loan. The rest is from tax credits. The city of johnston is also sweetening the deal by adding on to the tax break the Company Already receives. 5 08 05 its 1 million, its actually an extension of our taxincrement financing that we already have with the company. While collecting 17million dollars in iowa. Dowdupont is also cashingin in delaware. Heres the deal that landed ...

Layoffs. State leaders say once the dow dupont merger is complete, the company will still have a presence in iowa. 51 21 iowa was successful in all the company as to why iowa should be the location for this Global Business center for seed and biotechnology they hoped dowdupont would locate its Company Headquarters in johnston. Instead. They selected wilmington, delaware. Johnston will become home to the Companys Research and Development Branch thanks to millions of dollars in state and local tax breaks. 4 53 58 so when you look at what iowa maintained, and what its going to be able to do in th...

City council said it is vitally important to keep the company in johnston. Jack lam governor branstad released a Statement Today about the move, saying quote we are proud that dow duponts leadership has selected iowa as its Global Business center for its newly formed agriculture company. For the past few months, weve had the pleasure of showing them what iowa has to offer a worldclass biosciences company. Stephanie 2shot the waiting game continues for the iowa utilities board decision on the bakken pipeline. Jack 2shot today, the board resumed its discussions about any and all conditions sever...