Waterloo, IA: (319) 232-1156 | Investor Login

Author Archives: Greater Cedar Valley Alliance & Chamber

Greater Cedar Valley Alliance & Chamber Supports Hawkeye Community College Bond Referendum

A talented workforce, equipped with the skills and knowledge required to succeed in jobs today and in the future, is necessary for success in economic development. Because of the essential role that Hawkeye Community College plays in our economy, ensuring that our students prepare for 21st Century careers, the Board of Directors of the Greater Cedar Valley Alliance & Chamber has endorsed the Hawkeye Community College proposed bond issue to be voted on February 3.

Workforce Needs Are Changing – Hawkeye Delivers For Us

Our investment in modern facilities and career education programs at Hawkeye, funded through this bond referendum, is a sound one, and one that promises good returns for the entire area. Students of all ages, learning in-demand skills, with state of the art equipment and top-flight, experienced faculty delivers graduates who are in demand in the job market, earning higher wages, and creating more disposable income to support our local businesses. Given Hawkeye’s stellar reputation for delivering on the promise of well-educated students, who are from and stay in the Cedar Valley after graduation to work and live, we can predict with confidence that this $25 million investment will be returned to our economy many times over.

It’s impressive to note that Hawkeye serves more than 18,000 people each year throughout the entire Cedar Valley economic area.  A recent survey shows 94% of Hawkeye’s graduates stay in Iowa to work and raise their families. That’s important since a majority of quality job openings in our economy require more than a high school diploma but less than a four-year degree.

There’s No Additional Cost

The Alliance & Chamber is always aware that capital projects and programs of public entities impact the tax burden of our businesses and homeowners. You should know that a ‘yes’ vote will not result in any tax rate changes. Since an existing levy is ending, approving this multi-phase program will be paid for with a levy equal to the existing one in place.  The price is about $1 per month for our average household to deliver the next generation of career preparation and training for our students.

 

Hawkeye’s Proposal Benefits The Cedar Valley

The revival of manufacturing is one of the brightest spots in the American economy, and the Cedar Valley is all about modern, advanced manufacturing. We need to train our young people in important skill areas, such as computer controlled machining and 3D printing/additive manufacturing, and other advanced methods in design, materials, production systems, and logistics – all supporting our broad manufacturing base. These are very good jobs.

Hawkeye’s plan to expand its participation in high school career academies is an important part of this bond referendum.  Career academies bridge high school students to community college career programs and introduce students to rewarding, high-paying career tracks.  For some students, access to these career programs keeps them in school. And these programs are effective conduits to continuing, higher education, and the life-long learning habit.

The word “crisis” is frequently used by healthcare providers planning for the future needs of our state. Job projections point to 3,000 new healthcare openings in Iowa over the next five years.  This bond referendum will give Hawkeye the ability to provide more advanced training in medical technologies and sciences.  Under this proposal, Hawkeye plans to build a health sciences technology center which will allow the College to expand its healthcare offerings and simulation technology.

State of the Art and Efficient

Additionally, the plan calls for Hawkeye Community College to close two older, outdated buildings and combines them into one flexible, state of the art facility. This provides notable energy savings and operational efficiencies.  And the new construction will put more Cedar Valley contractors to work on an important new structure serving our students.

Your Bottom Line Depends on This Bottom Line

The bottom line is this: passing the bond referendum for Hawkeye Community College provides our whole area important benefits in education, skills training, higher graduation rates, and job retraining, allowing more of our local residents to fill higher paying, advanced technology jobs across the spectrum of business and industry.  A yes vote does not mean a greater tax burden than is already paid, but it does mean that Hawkeye Community College can continue its efforts to make education affordable and effective. Please consider a yes vote for the Hawkeye bond referendum on February 3.

 

Steven J. Dust CEcD

CEO

Greater Cedar Valley Alliance & Chamber

 

 

 

 

President Barack Obama Hails Cedar Falls as US Leading Broadband City

Last week, President Barack Obama visited the Cedar Valley to highlight the City of Cedar Falls and Cedar Falls Utilities(CFU) as a leader in providing broadband service to the community.  The national and international media coverage of the President has shown a spotlight on the Cedar Falls and the Cedar Valley.  The Alliance & Chamber congratulates the city and CFU for this pioneering work. We also recognize the efforts of other providers to bring high speed service to the entire Cedar Valley. Read the recent blog post by CFU General Manager Jim Krieg.

President Barack Obama’s visit last week was a proud and memorable day for Cedar Falls, and most certainly for CFU. It was an honor to extend Cedar Falls’ hospitality to our President, and to be held up as an example of community broadband success.

Because of the President’s visit, people from all over the place are asking about the secret sauce. What is it that makes community broadband successful in Cedar Falls?

The answer is in the name: community. In 1994, no provider offered high speed internet service in Cedar Falls, and the phone and cable companies then serving the town had no plans to upgrade their networks any time soon. Unwilling to wait, citizens led the charge to pass a referendum that founded our community broadband service and tasked CFU with designing, building and running it.

It was a bold move and not without risk. On Wednesday the President called it visionary and ahead of its time. The referendum ballot included a $3 million bond to fund construction costs. That bond was repaid over time as our business grew.

In fact, the business boomed. The same people who voted to form CFU’s Communications Utility made it a smashing success by signing up as customers. Because of that, community broadband in Cedar Falls is fully self-supporting as a fee-for-service business.

Read More

Brownfields Project Awarded $3 Million

Iowa Economic Development Authority (IEDA) officials awarded the Grand Crossings project $3 million in Community Development Block Grant (CDBG) funds in January 2015. The four-story building will include 68 units located at the corner of Jefferson Street and Westfield Avenue on the former Grand Hotel site near the TechWorks Campus.  More information on the Former Grand Hotel site project can be found here.

Alliance & Chamber Launches New Website to Showcase Leadership in Cedar Valley Schools

The Greater Cedar Valley Alliance & Chamber is pleased to announce the launch of a new website, leadervalley.org. This new resource features the Leader in Me initiative that is transforming leadership cultures in Cedar Valley schools.  The Leader in Me is a whole school education transformation process that teaches leadership principles to students in K-12 schools and embeds leadership as a core within their school culture. Leader in Me was developed by corporate and personal leadership trainer Franklin-Covey.

The site and a series of new videos, created in partnership with Mudd Advertising, highlight Cedar Valley students, business leaders, and educators and the impact of Leader in Me in Cedar Valley schools.

Business leaders will see how Leader in Me is investing in tomorrow’s workforce and helping to build a stronger pool of talent.  Examples of how 21st century soft skills are being infused into the school culture are detailed on the site, as well as demonstrations of how authentic leadership opportunities are preparing students to be effective in college, career, and citizenship.

Statistics demonstrating the impact Leader in Me is having in the Cedar Valley is an important component of the site, along with an events calendar, latest news, and testimonials from educators and community leaders. There are also valuable resources for educators, information for parents and community members, and pages that include student leadership projects and stories.

“This new website really is a showcase of the Leader the Me in the Cedar Valley. It is the one place you can see all the exciting things taking place in all of our schools. The amazing student leaders are really the highlight of the site,” says Melissa Reade, Leader Valley Program Director. “We believe that once you go to the site, you will understand the significant role Leader in Me has in the future of the Cedar Valley.”

The Leader Valley talent initiative, born out of the Greater Cedar Valley Alliance & Chamber’s priority to develop a strong workforce has been formed to expand the reach of leadership and 21st Century skill and leadership development opportunities to all students in the Cedar Valley. The Leader in Me is the primary focus of Leader Valley. For more information, visit the new website at www.leadervalley.org or contact Melissa Reade at (319)232-1156 or mreade@cedarvalleyalliance.com.
###

Governor, IPEP release findings of 2014 Battelle Report, a new economic development roadmap for Iowa

Governor Terry Branstad joined representatives from the Iowa Partnership for Economic Progress (IPEP) — the state’s CEO-level, industry-led advisory board co-chaired by the Governor and Lt. Governor Kim Reynolds – to release the findings of the 2014 Battelle Report: Iowa’s Re-envisioned Economic Development Roadmap. The Battelle Technology Partnership Practice was commissioned by IPEP and the Iowa Business Council to conduct this comprehensive analysis.

Greater Cedar Valley Alliance & Chamber CEO, Steven Dust, was a member of the task force and Past Board Chair, Tom Penaluna, serves on the IPEP Board of Directors. Randy Pilkington and Drew Conrad of the University of Northern Iowa Business and Community Services provided data support.

“Thanks to the IPEP board and the Iowa Business Council, we now have a roadmap for the future,” said Governor Branstad. “These business leaders – in addition to their day jobs of running Iowa’s top businesses – have given of their time and resources to make sure Iowa has a focused plan to achieve success. We are grateful for their leadership.”

Battelle is the world’s largest nonprofit independent research and development organization. The Technology Partnership Practice (TPP) assists local, state, and regional organizations, universities, nonprofit technology organizations, and others in designing, implementing, and assessing technology-based economic development programs. Over the past 18 months, researchers from Battelle have been working with the Iowa Economic Development Authority (IEDA) and regional economic development organizations around the state to conduct the study. The comprehensive report reviews Iowa’s industry drivers and potential growth opportunities. It also looks at how the state has fared in advancing innovation, job attraction and retention since the last roadmap was developed in 2004-2005.

“IPEP is charged with advising the state on economic trends that will affect Iowa’s economy and to create a long-term strategy to keep Iowa ahead of the pack,” said Bill Fehrman, president and CEO of MidAmerican Energy and IPEP board member. “With a third-party analysis of the state’s resources, assets and existing gaps, IPEP now has both the qualitative and quantitative foundation on which to base our strategy development. Further, the Battelle Report gives us a call-to-action that will help our elected officials, policymakers, economic developers and business leaders know what strategic priorities we must embrace if we are to achieve economic success over the next decade.”

The executive summary and full report can be downloaded at iowaeconomicdevelopment.com/battelle. Some key findings identified in the report are below:

The Battelle Report takes a look at Iowa’s current position, as compared to the nation and benchmarked states. Due in part to the focused work over the past several years, Iowa is faring well. Some identified successes include:

  • Restructuring of IEDA and streamlining of funding programs
  • Creating better private/public partnerships
  • Better collaboration of stakeholders
  • Improved marketing of Iowa and its assets

Iowa has made substantial economic progress over the last decade, resulting in positive trends in Iowa’s top-line measures of success:

  • Productivity is high — As of 2013, Iowa’s economic output, in real, inflation-adjusted terms, was 5.9% higher than the pre-recession levels of 2007, outpacing the national growth of 4.7% during the same period.
  • Job growth and workforce are strong — Iowa outperformed the nation in the growth of both middle and high-skilled jobs. At the same time, the number of low-skill jobs has actually declined as both employers and employees transition to a more skilled workforce.
  • Wages are rising — Iowa substantially outpaced national gains in private sector average wages.  This is consistent with the rising workforce skill levels in Iowa and an increase in the number of higher quality jobs.
  • Per capita income is growing — While record farm incomes have driven a substantial increase in per capita income during the last decade, from 2007 to 2013, Iowa’s nonfarm personal income also grew 20%, eclipsing national growth of 14% over the same period.

The Battelle Report makes recommendations for strategic priorities that Iowa must adopt to competitively position the state in a global economy. Recommendations (Strategic Priorities) include:

  • Build on the competitiveness and growth of Iowa’s industry clusters through innovation, retention and attraction.
  • Generate and attract skilled workforce in demand by Iowa’s businesses.
  • Accelerate the development of Iowa’s emerging entrepreneurial eco-system.
  • Advance Iowa’s physical infrastructure and regional development capacities to realize Iowa’s economic potential.

“This report is such a valuable resource for the IEDA, economic developers and policymakers around our state,” commented Debi Durham, director of the IEDA. “It truly is a data-driven look at where we are at, while at the same time, it gives a clear picture of what we could achieve with the right kind of resources focused on targeted priorities.”

The Battelle study was funded through support from private-sector entities at a cost of approximately $400,000.

GREATER CEDAR VALLEY ALLIANCE & CHAMBER NOW ACCCEPTING NOMINATIONS FOR ANNUAL AWARDS

The Greater Cedar Valley Alliance & Chamber announces nominations will be accepted now through of January 9, 2015 for a variety of business awards to be presented during the 2015 Annual Celebration on Thursday, March 26th at the Park Place Event Centre.

Do you know of an individual who should be recognized for their contributions in creating a strong business climate and enhancing the quality of life in the Cedar Valley by continued service and leadership?  Has an Alliance & Chamber business or organization made an outstanding contribution to the Cedar Valley and its citizens on a continued basis or with a specific project?  You are encouraged to nominate Alliance & Chamber investors for recognition of their contributions.

“The strength of the Cedar Valley is a result of visionary, innovative leadership – individuals, businesses and organizations who are investing capital, creating jobs and making things happen in the workplace and the community.  It’s important to tell their stories and recognize them for their contributions,” says Alliance & Chamber CEO Steve Dust.

Nominations are being accepted through January 9th for the following awards:

Business of the Year Award (Small companies 1-50 employees, Large companies 51+ employees)
Harold Brock Innovation Award
John Deere Treating Capital Well Award
Fulfilling the Vision of One Award
Cedar Valley Partner Award

Winners from the 2014 event include Bob Koob, Ken Lockard, Barry Schaffter, Tim Hurley, Allen College Unity Point, Hydrite Chemical Co., Kryton Engineered Metals, Inc., Schumacher Elevator and Veridian Credit Union.

Descriptions of the awards and nomination forms are available at the Alliance & Chamber offices or online at www.cedarvalleyalliance.com/programsandevents .  For additional information, please contact Bette Wubbena at bwubbena@cedarvalleyalliance.com or 319-232-1156.

###

2015 Cedar Valley Legislative Agenda for Economic Progress

2015 Cedar Valley Legislative Agenda for Economic Progress has been released.  The agenda is substantially the same as last year with modifications to address specific issues of interest to the Cedar Valley, and larger issues that will likely come up of state wide interest, such as:

a)            Support funding for University Avenue reconstruction

b)            Removing prohibition on IRD plan changes after 2018.

c)            Increase funding for the Strategic Infrastructure Fund.

d)            Enable schools to use Local Option Sales Tax for Schools beyond 2029

e)            Support the Board of Regents’ funding plan that emphasizes in-state student enrollments.

f)             Support new or alternative sources of funding highway and bridge repair such as a fuel tax increase or alternative means of levying taxes on fuels.

Download the agenda here.

Clayberg Receives CEcD Designation from the IEDC

Nate Clayberg, Director of Business Retention and Expansion with the Greater Cedar Valley Alliance & Chamber recently earned the designation of Certified Economic Developer (CEcD), a national recognition that denotes a mastery of principal skills in economic development, professional attainment and a commitment to personal and professional growth.

The CEcD exam was administered by the International Economic Development Council (IEDC) on October 18 and 19 in Fort Worth, TX at the Fort Worth Convention Center. In May, Clayberg joined the Greater Cedar Valley Alliance & Chamber after serving as the Executive Director of the Buchanan County Economic Development Commission since 2010. Clayberg is a graduate of the University of Oklahoma’s Economic Development Institute, Heartland Economic Development Course and holds a Bachelor’s Degree from Iowa State University and a Master’s Degree from Virginia Commonwealth University.

The CEcD designation recognizes qualified and dedicated practitioners in the economic development field and sets the standard of excellence within the profession.  Candidates must pass a rigorous and comprehensive three-part, two-day examination, which tests a practitioner’s  knowledge, proficiency and judgment in the key areas of economic development, including business retention and expansion, marketing, finance, workforce development, community development, real estate, strategic planning, technology-led economic development and management.

 

“Much of what we know about economic development comes from the practical day in, day out interaction with the businesses in the Cedar Valley to address their specific needs and help identify innovative solutions,” says Clayberg,  “It is tremendously valuable to add to this the resources, experience, and variety of knowledge base of leaders in this field. “

As highly competent economic development practitioners, Certified Economic Developers work with public officials, business leaders and community members to create leadership to build upon and maximize the economic development sector.  Excellence in the economic development profession improves the well-being, quality of life and opportunities for individuals, businesses and communities.  There are currently over 1,000 active CEcDs in the United States, Canada and Mexico.

Clayberg is the third member of the Greater Cedar Valley Alliance & Chamber Economic Development team to receive the CEcD distinction, joining CEO Steve Dust and Vice President of Economic Development Lisa Skubal.

“This certification further demonstrates that economic development activities in the Cedar Valley are being led by qualified professionals, drawing on best practices and proven techniques to grow the regional economy,” says Dust, “We are proud of Nate’s accomplishments and his determination to help businesses in the Cedar Valley succeed.”

The mission of the Greater Cedar Valley Alliance & Chamber is to increase economic vitality and wealth by leading collaborative economic and community development. Details about the many programs and initiatives of the Alliance & Chamber can be found at www.cedarvalleyalliance.com or by calling Steve Dust, CEO at (319) 232-1156.

About IEDC:

The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,000 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. IEDC members help business and institutions create high-quality jobs, develop vibrant communities, and improve the quality of life in their regions.

Learn more about IEDC: www.iedconline.org

John Deere Tractor & Engine Museum Opens Doors December 2nd

WATERLOO, Iowa (November 24, 2014) – The John Deere Tractor & Engine Museum in Waterloo, Iowa opens its doors to the public December 2nd with a focus on engaging visitors in the history of tractor and engine design and manufacturing at John Deere, especially in Iowa’s Cedar Valley.

Deere said the December launch will be followed by a grand opening celebration to be held in spring 2015.

“Tractors and engines have been and continue to be important to John Deere’s success,” said Dawn Hendershot, Project Manager. “We are pleased to share the history of these products as part of our overall story as a technology leader and quality manufacturer.”

Located on the original site of the Waterloo Tractor Works, museum exhibits highlight the rich history and dynamic growth of the tractor business at John Deere, the world’s largest provider of agricultural equipment.

“Throughout its history, John Deere has remained focused on the success of customers whose work is linked to the land,” Hendershot said. “For 177 years, Deere has endured various economic cycles and this museum is a tribute to the resilience of John Deere employees and customers to weather both the good times and the bad.”

Nearly four years in the making, the John Deere Tractor & Engine Museum joins various other company attractions in the Midwest, including the John Deere Historic Site in Grand Detour, Illinois and the John Deere Pavilion in Moline, Illinois.

The John Deere Tractor & Engine Museum is open to visitors Tuesdays through Saturdays from 10:00 a.m. to 6:00 p.m. Admission is $8 for adults ages 13-61 and $4 for seniors, active duty military, John Deere employees and retirees. Children ages 12 and under accompanied by an adult can enjoy the museum for free. For more information about tours and the museum email WaterlooTractor&EngineMuseum@JohnDeere.com or call 319-292-6126.

 

Grow Cedar Valley

We are the leader in bringing business and community together to grow opportunities for the Cedar Valley. Partner with us to grow your business. Together we'll help the Cedar Valley thrive.