July 2011: Projects and Announcements
Seven economic development projects were announced in July 2011. These included new development in technology and wind energy, a plant closing, a sizeable layoff and more.
Whirlpool Corp. is laying off 300 permanent and 50 summer workers, most third shift, at its manufacturing and assembly plant in Amana.
47 jobs eliminated at Iowa City location as Roberts Dairy closes production. About 30 will stay on in distribution operations.
Intermec Inc. has applied for state and local funds to assist with the proposed construction of a two-story, 78,000 square-foot facility at 601 Third St. SE in downtown Cedar Rapids. The new building would replace their existing facility at 550 Second St. SE.
Raining Rose Inc. has applied for state and local funds to assist with the proposed construction of a two-story, 122,000 square-foot manufacturing facility at 3015 First Ave. SE in Cedar Rapids. The new building would replace their existing facility at 407 Ninth Ave. SE, as well as leased space at other buildings.
AgSugar International Inc. has applied for state and local funds to assist with the proposed construction of a manufacturing facility, data center and executive office at 1129 Wenig Rd. NE in Cedar Rapids. The project represents $1.4 million in capital investment, and will create 24 jobs over the next three years.
Green Team Technologies
Coming off the best quarter in the company’s history, Green Team Technologies is continuing to create local jobs as it takes on demand for its Fuse5 software product. In September of 2010, GTT received a $150,000 Demonstration Fund Award from the state of Iowa to help launch Fuse5. Since that time, GTT has continued to add clients and staff and is currently hiring.
The Iowa Power Fund Board approved an award of $2.3 million to Clipper Windpower Inc. for a project to construct and install a prototype wind turbine in Iowa that is designed to be used at low wind speed sites. Clipper leveraged an additional $18 million for the project. The proposed turbine, which will be based on upgrades to its current 2.5MW Liberty platform, will be used to do validation testing of the new design later this year, with prototype installation scheduled in 2012.