March 2018 edition
- 50 acre development-ready site with rail access now available in Cedar Rapids, Iowa
- Iowa ranked #1 state in the country according to U.S. News & World Report
- Move-in ready 162,500 industrial building available in Janesville, Wisconsin
- Alliant Energy is now offering a special incentive rate for infill/brownfield properties in Iowa
Cedar Rapids site adds to Alliant Energy’s portfolio of shovel-ready industrial properties
The North 33rd Avenue Industrial Park in Cedar Rapids, Iowa consists of 50 acres of development-ready land and offers direct access to the Cedar Rapids and Iowa City Rail Co. (CRANDIC) line. Connections to all Class l railroads are available through CRANDIC and the Iowa Interstate Railroad. The Alliant Energy owned property is 1.5 miles west of Interstate 380 and just 20 minutes north of Interstate 80, an east/west transcontinental interstate. The sale price for the land is $30,000 per acre.
Cedar Rapids – the second largest city in Iowa – has a strong manufacturing community with a large presence of food processing, food ingredient, bio processing, metal fabrication and packaging companies. The city also provides convenient travel access through The Eastern Iowa Airport, which offers direct flights to 14 major U.S. cities.
View site on LOIS
Janesville, Wisconsin offers move-in ready industrial building
The Helgesen Industrial Center in Janesville, Wisconsin offers 162,500 square feet of industrial space within the 706,800 square foot complex. The facility was built in 1999 and renovated in 2009; it sits on a 55-acre site located within 1.5 miles of the I-39/90 Interchange. The space features 50’ x 50’ column spacing, 26’ ceiling heights and 15 exterior dock doors.
Situated in South Central Wisconsin, Janesville is located within the Midwestern heartland. The community’s advanced transportation network – complete with air, interstate and rail services – provides timely domestic/international marketplace access and exposure.
View building on LOIS
For more detailed information about these properties contact:
Senior Economic Development Manager
Office: (319) 786-4392
Cell: (319) 270-5081
Alliant Energy announces new infill/brownfield incentive rate
Alliant Energy is offering a special economic development electric rate for infill and brownfield properties in Iowa.
Overview of the incentive rate
- For use at industrial sites and buildings where Alliant Energy already has existing service, but that service is not utilized or is underutilized.
- There is a discount on customer demand charges is for the first five years of operation, starting with a 50% discount in year one. The discount adjusts 10% per year.
- The rate is available to any customer utilizing an infill/brownfield property that does not produce a product competing with other goods made within Alliant Energy’s Iowa service area.
Utilizing existing unused or underused properties to their fullest extent aids the interests of Alliant Energy, our customers and the communities serve.
Project roundupThe latest projects in Iowa and Wisconsin
East Penn Manufacturing Co. opens new production facility in Oelwein, IowaEast Penn Manufacturing, a leading manufacturer of high quality lead-acid batteries and accessories for the automotive, commercial, marine, motive power, UPS, and telecommunication markets opened their new $70 million production facility in Oelwein, Iowa. The 350 people working in the 318,600 square foot operation will “fill, form, finish” and distribute automotive batteries. The Lyon Station, Pennsylvania-based company said their Oelwein location provides better reach to customers in the western United States and other key points across North America.
East Penn Manufacting, which employs about 6,700 nationwide, has been producing batteries and battery accessories since 1946. Last month East Penn was named the Most Valuable Supplier by the Material Handling Equipment Distributors Association for the third successive year.
3M Corporation announces $32 million expansion in Knoxville, Iowa3M Corporation, based in Maplewood, Minnesota, announced that their plant in Knoxville, Iowa edged overseas competitors, including sites in Europe and Asia, to win a $32 million expansion project. The project includes a 25,000 square foot building addition, equipment procurement and installation. 3M is creating additional manufacturing capacity to produce and convert tapes and adhesives at the Knoxville operation. The project will bring 30 new jobs to Knoxville. With $30 billion in annual sales, 3M employs 90,000 people worldwide and produces more than 55,000 products. The company operates 74 manufacturing facilities in 27 states while also operating 93 manufacturing facilities in 32 countries outside the United States.
Eco Lips Inc. moves operations to Marion, IowaEco Lips is the first USDA-certified organic lip balm on the market, arriving in 2003, just as interest and demand for organic products began to rise. The company announced plans to relocate their 50 employees to a 35,000 square foot building in Marion, Iowa by July 2018. The company also produces lip scrubs, sun protection lip balm, on-the-go sport clip balms, tinted balms and balms with exotic oils.
All of Eco Lips products are made with wind power offsets, fair trade, gluten-free and cruelty-free ingredients. The company also uses recyclable lip balm containers made with 40% recycled content, biodegradable/compostable FSC Certified paper tubes and recycled aluminum carabiner clips.
Diamond Assets relocates to Milton, WisconsinDiamond Assets LLC, the most trusted Apple hardware trade-up partner for schools, government and businesses, moved into their new 59,000-square foot light manufacturing facility in the Crossroads Business Park in Milton, Wisconsin. Diamond Assets will increase its number of full-time employees to 60. The company plans to grow to 80 full-time employees within three years. Wages for the new positions with the company will vary from $15 an hour to $75,000 – $100,000 a year.
The $2 million project sits on 10 acres within the 55-acre business park.