Iowa Fertilizer Company Honored with Iowa Venture Award
“Outstanding Business of the Year”
On behalf of Iowa’s rural electric cooperatives, The Iowa Area Development Group (IADG),, honored seven distinguished Iowa companies with the Iowa Venture Award at a luncheon held in conjunction with the Iowa Association of Electric Cooperatives’ annual meeting at the Sheraton West Des Moines.
Nominated by Access Energy Cooperative, 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.
“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. These 2016 Iowa Venture Award recipients include: Bratney Companies of Marshalltown; Christensen Farms & Feedlots, Inc. in Payton; 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. Iowa Secretary of Agriculture and Land Stewardship, Bill Northey, assisted in presenting the Iowa Venture Awards and honoring the Iowa companies and their leaders.
Photo Caption: Iowa Fertilizer Company, “Outstanding Business of the Year” Iowa Venture Award. Pictured left to right: Rand Fisher of IADG, Kim Davis of Access Energy Cooperative, Larry and Shelia Holley of Iowa Fertilizer Company, Iowa Secretary of Agriculture Bill Northey, Marvin Newton and Kevin Wheeler of Access Energy Cooperative