Iowa Fertilizer receives Outstanding Biz Award
Keokuk Daily Gate City
By Cindy Iutzi
The 2016 “Outstanding Business of the Year” Iowa Venture Award was presented to Iowa Fertilizer and six additional companies by the Iowa Area Development Group.
Iowa Fertilizer was nominated for a Venture Award by Access Energy Cooperative. The award was made on behalf of Iowa’s rural electric cooperatives, municipal utilities and independent telecommunication companies during the Iowa Association of Electric Cooperatives’ annual meeting in West Des Moines.
IFC is located in rural Lee County, near Wever.
The new plant is the state’s largest single-site construction project, and has a capital investment of $2 billion. It also is the first greenfield nitrogen fertilizer facility constructed in the United States in 30 years.
The plant is expected to deliver 1.5 to 2 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.
IFC expects that the number of permanent employees will exceed 200 and have a lasting positive impact on the region.
“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.”
Six additional businesses were recognized with an Iowa Venture Award for their significant contributions in diversifying and strengthening Iowa’s economy: Bratney Companies of Marshalltown; Christensen Farms & Feedlots, Inc. in Paton; Concrete Machinery Inc. of Iowa in Paton; Great Lakes Communication Corp. of Spencer; Maassen Dairy Farms of Maurice; and Mogler Farms/Pig Hill West of Alvord.