Concrete Machinery Inc. of Iowa Is Honored With Iowa Venture Award
Paton, Iowa (PRWEB) December 12, 2016 -- Concrete Machinery Inc. of Iowa is being recognized for their new 185,000 sq. ft. facility, located on a 42 acre site, in Paton, Iowa. Concrete Manufacturing already employs 40 people, expecting to reach 60 soon. The company will ultimately produce over 17 pieces of cement road construction equipment, including road mills, slip form pavers, compactors, and portable and stationary mixing equipment. Many pieces of equipment weigh as much as 14 tons, and can cost upwards of $1 million per unit.
With this new facility, and their former facility (Bauer Built, Mfg. Inc., sold to John Deere,) Paton, Iowa now boasts over 500,000 sq. ft. of world leading manufacturing space. The Bauer’s have also started a restaurant, gas and convenience store, and a trucking company specializing in the shipping and delivery of oversized, permit requiring equipment. Concrete Machinery Inc. of Iowa was nominated for the Iowa Venture Award by Midland Power Cooperative.
“The Iowa Venture Awards Luncheon provides a forum to celebrate the courage, contribution, innovation responsibility and vision of Iowa entrepreneurs,” said IADG President Rand Fisher. “IADG, on behalf of our sponsors, is proud to recognize these seven outstanding companies for their contribution to their community, region and state.”
Five additional businesses were recognized with an Iowa Venture Award for their significant contributions in diversifying and strengthening Iowa’s economy. These 2016 Iowa Venture Award recipients include: Bratney Companies of Marshalltown; Christensen Farms & Feedlots, Inc. of Garner; Great Lakes Communication Corp. of Spencer; Maassen Dairy Farms of Maurice; and Mogler Farms/Pig Hill West of Alvord. Iowa Secretary of Agriculture and Land Stewardship, Bill Northey, assisted in presenting the Iowa Venture Awards and honoring the Iowa companies and their leaders.
The 2016 “Outstanding Business of the Year” Iowa Venture Award was presented to Iowa Fertilizer, located in rural Lee County, near Wever, Iowa. Iowa Fertilizer is historic in many ways, including being the state’s largest single-site construction project spanning 500 acres with capital investment of $2 billion. This is the first greenfield nitrogen fertilizer facility constructed in the United States in 30 years. The plant is expected to deliver 1.5 to two million metric tons of fertilizer products annually to farmers in Iowa and the Midwest. During construction, Iowa Fertilizer utilized more than 3,000 construction workers and created more than 700 ancillary jobs that helped revitalize the economy of the surrounding region. It is expected that the number of permanent employees will exceed 200 and have a lasting positive impact on the region. Iowa Fertilizer was nominated for a Venture Award by Access Energy Cooperative.
For 29 years, IADG has presented Iowa Venture Awards to individuals and organizations, both large and small, in recognition of their significant contributions to Iowa's economy through entrepreneurial leadership, innovation and the creation of job opportunities. History has demonstrated that these are among the most accomplished and successful companies in the state. Together they are helping to sustain and grow Iowa’s economy. The Iowa Venture Award Hall of Fame showcasing these 248 companies can be found at http://www.IADG.com/HallOfFame.
IADG is the business and community development leader for Iowa’s rural electric cooperatives, municipal utilities and independent telecommunication companies. Since 1985, the Powerful Partnerships and economic development efforts of IADG and their sponsors have assisted with more than 2,000 projects, generating in excess of $10.15 billion of capital investment and over 51,500 new or retained jobs for Iowa.
"It was exciting to note that this year all the award winners were serviced by local Rural Electric Cooperatives and Independent Telephone Companies," said Marcie Boerner, Office Manager WCCTA. "We're very happy to see the Bauer family continue to reinvest in the Paton community."
Webster-Calhoun Cooperative Telephone Association is located at 1106 Beek Street, Gowrie, IA 50543. It has a Fiber driven network and provides landline telephone, Internet and digital television service to the Iowa communities of Gowrie, Pilot Mound, Vincent, Thor, Churdan, Knierim, Somers, Barnum, Duncombe,Farnhamville, Badger, Clare, Moorland, Boxholm, Lanyon and http://www.wccta.net. #thisisfortdodge
Marcie Boerner, Webster Calhoun Cooperative Telephone Association, http://www.wccta.net, +1 (515) 352-3151, [email protected]
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