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January 8, 2016

The new year is finally here…and you know what that means. It’s time to celebrate 2015! In case you hadn’t heard, a lot of exciting things happened in Iowa last year, from big business expansions to important trade agreements. Here are a few highlights from this past year.

  1. Iowa kept businesses growing and growing…and growing google_flat_logo

Tech giant Google made a $1 billion capital investment commitment to their data center in Council Bluffs. Boehringer Ingelheim Vetmedica (BIV) announced a $110 million capital investment to its facilities in both Fort Dodge and Ames. And those are just a few examples. One thing’s for sure – companies love expanding in Iowa.

  1. We led the nation in wind energy – again

The latest U.S. wind energy reports once again placed Iowa top in the nation in terms of total electricity generated by wind – 28.5 percent (equivalent to powering 1.5 million homes). Since 2004, Iowa utility companies, the state and private companies have invested $10 billion in wind energy, with more than 6,000 jobs now tied to the industry.

  1. Representatives signed groundbreaking trade agreements Delegates from China and Iowa - including Lt. Gov. Kim Reynolds sign trade agreements in Des Moines, Sept. 2015.

In September, representatives from China and Iowa signed an agreement for the state to supply China with millions of dollars worth of soybeans and health products. While annual numbers are still being tallied, halfway through the year Iowa exports to China had already risen by 63 percent.

  1. Iowa continued to take the startup world by storm

Iowa’s startup community represented itself well at one of innovation’s most important events – South by Southwest in Austin, Texas. Members of more than 30 Iowa startups ventured to Austin for #IowaHour to showcase the innovation that’s happening in every corner of our state.

  1. More and more of our industrial sites became ready for development

With the addition of six more certified industrial sites, Iowa jumped to the top of the list for companies looking for Midwest expansion, a low cost of doing business and a talented labor pool. --- That’s just a taste of what’s been going on in Iowa this past year. Be sure to comb through the ROIowa blog archives to learn more. And, as always, contact us if you want to talk about how Iowa can help grow your business. For years to come.

 

 

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Iowa Economic Development Authority
200 East Grand Avenue
Des Moines, Iowa 50309
Phone: 1.515.348.6200
email: Email Us

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