Spencer Municipal Utilities Honored with Economic Development Impact Award
04/04/2012 3:57 PM
Iowa’s municipal utilities utilize strategic partnerships to make a significant contribution to community vitality and sustainable economies throughout the state. Iowa Area Development Group (IADG) annually recognizes their electric utility partners for outstanding commitment, contribution, and participation in business development projects and local community initiatives.
At Corn Belt Power Cooperative’s annual meeting in Fort Dodge, six member electric utility systems were recognized for their economic development accomplishments and commitment to their local communities. With the success of these development projects, the rural electric cooperatives and municipal electric systems are positively impacting the quality of life and the economy of Iowa.
Spencer Municipal Utilities has been instrumental in numerous development projects and initiatives in northern Iowa for many years. In recognition of their leadership and support, Spencer Municipal Utilities was presented with an Impact Award for site development. The municipal utility was involved in planning and creation of the Green Industrial Center, one of Iowa’s largest and most ecologically innovative industrial areas. The facility will incorporate environmentally friendly design in the infrastructure and landscaping, and encourage the construction of energy-efficient buildings. The shovel ready eco-friendly complex has rail, served sites, a 40,000 sq. ft. speculative building, fiber and state of the art telecommunications capabilities.
“I would like to commend Spencer Municipal Utilities for their ongoing commitment to community and business development,” stated Rand Fisher, IADG president. “IADG is pleased to recognize their investment in developing this industrial site that will provide opportunity and benefit to the entire region for years to come.”
The Iowa Area Development Group is the marketing and business development office for Iowa’s member-owned rural electric cooperatives and select municipal electric utilities. IADG has assisted with over 1,700 successful business expansions and start-up projects. This growth represents capital investment of more than $6 billion and 40,000 jobs for Iowa. The Iowa Area Development Group was established in 1985 to promote and strengthen rural Iowa development opportunities. Stay connected with IADG news at www.facebook.com/IADG.IA and www.twitter.com/IADGIOWA.
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