3rd Quarter 2014

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Pomp’s Rolls Into Estherville

Pomp’s Tire Service is the newest tenant in the EsthervilleIndustrial Park. Pomp’s, headquartered in Green Bay,Wisconsin, sourced the 30,000 sq. ft. speculative building in

the park to house their new original equipment tire mountingoperation. This strategic location will allow Pomp’s to secure newclients and serve a multi-state region around Estherville. Pomp’sTire started operations with five employees and hopes to expandboth the facility and number of employees as new customers aresecured. Pomp’s also operates retail tire stores in Cedar Rapids,Dyersville and Sioux City, as well as 73 other locations in the Midwest. Iowa Lakes ElectricCooperative provides electrical service to Pomp’s Tire and the Estherville Industrial Park.This was the fifth speculative building constructed by the Estherville Industrial Development Corporation. Iowa

Lakes Electric Cooperative has helped to finance the construction of these speculative buildings. Speculative Buildings Generate GrowthIADG’s rural electric cooperative partners have collectively supported building 71 speculative buildings which have

provided 2.1 million sq. ft. of industrial space for business growth in rural Iowa. The majority of these buildings are occupiedand more will be available soon. Hampton, Staceyville, Iowa Falls and Perry all have speculative buildings in variousstages of planning and construction. For a full listing of available sites and buildings visit www.IADG.com/sites-buildings.

AgriVision has selected Winterset as thenew location to house their sprayerprep and maintenance operations,

beginning this fall. AgriVision’s new facility isa 106,000 sq. ft. building located on 21 acres ofland in Winterset. AgriVision is a John Deeredealer with locations in 13 communities insouth central and south western Iowa andclients in Iowa, Nebraska and Missouri. TheWinterset operation will support all of theselocations. Winterset Municipal Utilities willprovide electric power to AgriVision.

AgriVision OpensFacility in Winterset

Precision Tank NowOperating in Humboldt

Precision Tank & Equipmentcelebrated the

grand opening of theirnew facility in Humboldtin early August. Theevent drew more than 100 people, includingcustomers, localdistributors, Humboldtcommunity representatives, and members of the Precision Tankboard of directors. This state-of-the-art plant manufacturesfiberglass and stainless steel tanks. With the Humboldt addition,Precision Tank can now manufacture 30,000 gallon tanks infiberglass, stainless steel, or mild steel. Key industries purchasingfrom Precision Tank include agricultural, fire and petroleumcustomers. Precision Tank is housed in a new 34,500 sq. ft. building

located on a 10-acre site. This is Precision Tank’s fourth locationand first in Iowa. The company is starting out with 14 full-timeemployees at their Humboldt location. Midland Power Cooperativeprovides electric service to Precision Tank & Equipment.

Monogram Prepared Meats (MPM) is expanding theirfood processing capacity in Harlan. MPM is installingand integrating an additional production line toaccommodate demand, increaseoperating efficiency, and reduceworker fatigue. The expansion alsoincludes an upgrade to theircomputer network. MPM, a division of Monogram FoodSolutions, cooks and packages a variety of ready-to-eatbacon products. Both Northwest Iowa PowerCooperative and Nishnabotna Valley REC are providing$1 million pass-through loans secured through the USDARural Economic Development Loan & Grant (REDL&G)program to support this project.

KnoxvilleHospital &Clinics, acommunitybased, non-profit hospital,will be undergoing a facility renovation. The Knoxvillecampus renovation will include demolition of a portion ofthe facility to accommodate a 19,500 sq. ft. buildingaddition which will house a centralized lobby, newphysicians clinic for primary and specialty care, andspace for rehabilitation services. Additionally, 27,000 sq.ft. of existing space will be remodeled to serve as theinpatient unit, surgery department, emergency room,and three-room walk-in care clinic. Five additional full-time positions will be created. Pella Cooperative ElectricAssociation is providing a $1 million pass-through loanfrom the USDA REDL&G program. Central Iowa PowerCooperative (CIPCO) is also extending a $300,000 loanfrom USDA REDL&G funds, and $60,000 from theirorganization to support this important project.

The Gilbert Franklin Township Fire and EmergencyResponse Agency will be constructing a new 10,700 sq.

ft. facility to house thefire/emergencyresponse department,city hall, and multi-purpose communityroom. This project willalso include space tohouse future employee

and technology upgrades to accommodate projectedcommunity growth. Midland Power Cooperativeprovided a $360,000 loan to support this project. Thisloan was extended based on a $300,000 grant from theUSDA REDL&G program and $60,000 in matching fundsfrom Midland Power Cooperative. Ultimately, thesefunds will be added to their existing Revolving LoanFund to support community and economic developmentprojects.

The John Wayne Birthplace Society hasundertaken an aggressive effort to open a full-fledgedmuseum to honor Mr. Wayne, his accomplishments and

his goal offighting cancer. Anew 5,500 sq. ft.building will becomplete this fall.Farmers ElectricCooperative hasprovided a

$200,000 grant from the USDA REDL&G program and$40,000 in matching funds to support the interior buildout of the facility and creation of displays to housepersonal items, movie memorabilia, and other displaysthat demonstrate the enduring character and patriotismof Mr. Wayne. Five new jobs are expected to be createdto staff and maintain the new facility.

Spencer Municipal Utilities is providing a $360,000 loanto Seasons Center for Behavior Health (SCBH) for therenovation of a 9,000 sq. ft.building to be used as aRegional Children’s Center for therapy and counseling.The Regional Children’s Center, which will be the first of its kind in the state, will provide specialty treatmentservices for children and their families in a state-of-the-art facility. The facility will incorporate child-friendlydesign to help young minds heal and grow. Thisexpansion project creates 10 new full-time positions tosupport their expanded healthcare and educationalprogramming. Upon repayment of the loan, these fundswill go into a Revolving Loan Fund that will benefitadditional rural development projects in the region.

The City of Waukon will soon have a new fire station toreplace the current facility, which no longer meets theirneeds. Allamakee-Clayton Electric Cooperative isproviding a $680,000 loan secured from the USDAREDL&G program. The new 15,000 sq. ft. fire station will

be situated on 2.5acres of ground thatwas donated by theWaukon EconomicDevelopmentCommittee. TheWaukon Area FireProtection District,serving the City ofWaukon and eight

rural townships in Allamakee County, will beginoperations in the new building in early 2015. The firestation will house fire trucks, specialized vehicles,equipment for the fire district, and serve as the meetingspace for fire district meetings.

www.IADG.com 800-888-4743

Seven RECs Secure $4.78 Million in USDA Funds

The Fulfilling Iowa’sNeed For Dentists(FIND) initiative is

in its sixth year ofassisting dental studentsestablishing practices inIowa. FIND is committedto connecting dentistsand under-servedcommunities with the resourcesneeded to combat Iowa’s dentalshortage. The map illustratesprogram success through the 31dentists who have chosen to practicein Iowa. FIND can provide up to $100,000 in dentaleducation financial assistance to new dentists dedicatedto participating in under-served areas of Iowa. Partnersin FIND include Delta Dental, Iowa Department ofPublic Health, The University of Iowa College ofDentistry, Ripple Effect, and IADG. For moreinformation visit, www.iowafindproject.com. ContactIADG staff for more information.

The accomplishments of IADG and its sponsoringutilities would not be possible without the strongeconomic development partnerships found

throughout Iowa. IADG implemented a commemorativerecognition program called the "Silver Shovel Award" in2010, as IADG celebrated its 25th anniversary. The SilverShovel award recognizes significant accomplishments ofour rural development partners. Leadership, projectdevelopment, community philanthropy and successfulprogram innovation are among the many attributeshonored through the Silver Shovel Program.The final recipient of the IADG Silver Shovel Award

was Iowa Falls Area Development Corporation (IFADC)and ExecutiveDirector, CindyLitwiller. IFADCwas instrumen -tal in the IowaFalls/HardinCountyIndustrial Parkbeing designated

as one of Iowa’s first Certified Sites by the Iowa Economic

Development Authority,as well as successfullyfostering business andcommunity growth in the region. Midland PowerCooperative nominated IFADC for this recognition. The IADG Silver Shovel Award program has been

significant in many ways. It has recognized theaccomplishments of 25 outstanding economicdevelopment programs and talented individuals acrossIowa that are adding to the strength and vitality of ourstate. The IADG Community Foundation also awarded$25,000 ($1,000 to each organization) to strengthensupport to business and community projects as a part ofthe program. The IADG Community Foundation (IADGCF) was the

first community foundation in Iowa with a statewidegeographic commitment. After a decade, IADGCF is stillactively supporting its original mission to advanceentrepreneurship, community betterment, leadershiptraining, and economic development. The IADGCF justsurpassed the milestone of having over $1 million in assets. For more information on IADG awards and the

IADGCF, visit www.IADG.com.

Dentists “FIND” Iowa

Iowa Falls Awarded Silver Shovel

Zinpro Corporation,which manufacturesminerals for poultry

and livestock feeds,recently held an openhouse to celebrate theopening of their facility in the Butler Logistics Park near Shell Rock.Zinpro acquired a 30,000 sq. ft. speculativebuilding to be used fortheir warehouse andconstructed 30,000 sq. ft. of additional space to housetheir manufacturing operation. They cited access to railand an available speculative building as key factors intheir location decision. Zinpro expects to employ 39people at this new facility. Zinpro joins AmericanColloid Company International as tenants in the ButlerLogistics Park. Butler REC provides electric power tothe Butler Logistics Park.

Zinpro Corp Holds Open House

REGISTER TODAY! IADG PARTNERS FORUMOctober 23-24, 2014

Sheraton West Des MoinesExcellent program and speakers,

including Capstone Speaker Dan Gable

More information is available atwww.IADG.com/Forum2014

www.IADG.com 800-888-4743

Aerial Photography ShowcasesIowa Assets

IADG works with its sponsors andcommunity partners

each year to updateindustrial sites andbuildings, and otherproperties throughoutIowa with aerialphotography. Checkout the inventory of available sites and buildings atwww.IADG.com. The IADG staff looks forward toassisting with your next Iowa location.

Lynn McRoberts Joins IADG

IADG is excited to welcome Lynn McRoberts to the IADGTeam. Lynn is joining IADG to

assume the responsibilities of theAdministrative Services Manager as Carol Ramsey retires.Lynn brings strong experience

in project management, databasedevelopment, financial management, organizationaldevelopment, communications and event planning toIADG. Most recently Lynn worked at LS2group inDes Moines as the Administrative Director. Prior tothat she worked for Governor Branstad in variouscapacities including Director of Boards andCommissions, Policy Advisor, Chief of Staff ExecutiveAssistant and Campaign Finance Manager. Lynn is agraduate of Drake University with a B. A. degree inPolitical Science. She lives in Clive and enjoysspending time with friends and family, cheering onthe Kansas Jayhawks, traveling, reading andvolunteering.Lynn can be reached at lmcroberts@iadg.com and

515-223-4817.

IADG is pleased to welcome AlgonaMunicipal Utilities (AMU) as a newmember. IADG looks forward to

involving AMU in a broad range ofeconomic development initiatives. IADG services tomembers include site and building marketing support,technical assistance, financial incentive packaging,marketing and communication services, and access todata resources. Welcome AMU!

IADG Welcomes AlgonaMunicipal Utilities

2700 Westown Parkway, Suite 425West Des Moines, Iowa 50266800-888-4743 • 515-223-4817

FAX: 515-223-5719Web Site: www.IADG.comE-Mail: iadg@iadg.com

• Rand Fisher• Bruce Nuzum• Mike Meissen• Bruce Hansen• Kay Snyder• Sue Cosner• Carol Ramsey• Jody Stanley• Lynn McRoberts

Carol Ramsey to Retire

IADG is pleased to recognize thecontribution that Carol Ramseyhas made to the organization

over two decades. Through twentyyears of dedication, hard-work andservice Carol Ramsey has madeherself an invaluable part of nearlyeverything IADG does for itssponsors and clients. From assistingwith all things financial and administrative, tospearheading events, and implementing specialprojects, Carol has left her mark on IADG.Our web site, Venture Award program, Energy

Bank, Foundation, IADG record keeping andreporting have all been implemented and improvedby Carol's abilities and attention to details. WhatCarol’s colleagues will miss most is her constantsupport of all things personal and professional. Words are not enough to express the appreciation

and gratitude of our organization for the contributionshe has made. We wish Carol Ramsey the very best inher retirement.

Businesses to be Honored withIADG Venture Award

The IADG Venture Award honors Iowa businessesand recognizes the entrepreneurial spirit ofsuccessful

companies. Since itsinception in 1988,IADG and its partnershave recognized over225 of Iowa’s mostoutstanding companies.This year’s awards

will be presented at aspecial ceremonialluncheon during theIowa Association of Electric Cooperative’s annualmeeting on December 4th in West Des Moines.