Tag Archives: Steve Dust

Advanced Manufacturing Hub Step Closer with State Funding

The Cedar Valley TechWorks is one step closer to becoming the physical location of an Advanced Manufacturing Hub for the region and state thanks to legislation adopted this week. Nearly $4 million was included in Iowa Economic Development Authority appropriations for the project.

The IEDA’s Iowa Invocation Council, which will administer the funds, has been working closely with the Cedar Valley TechWorks and Greater Cedar Valley Alliance & Chamber to establish the Campus as the designated site for the Hub.

The bulk of the funds will construct improvements in the Tech 1 building on the Campus. A portion of the funds will be used for the University of Northern Iowa to purchase a 3-dimensional (3D) printer to fabricate on-demand molds for cast components to support advanced manufacturing , in collaboration with TechWorks.

“With this funding, we can make the capital and infrastructure improvements to the Tech 1 building needed to attract more technology and bio-products related industrial operations and partners to the campus. The investment in building improvements and equipment will prepare space for new businesses and educational programs, and bring tremendous momentum and excitement to the Campus as these projects move forward alongside the previously announced anchor projects,” states Cary Darrah, General Manager of the Cedar Valley TechWorks Campus. “ We are grateful to the entire Cedar Valley legislative delegation for its bi-partisan advocacy for this funding, especially Senator Bill Dotzler who really went to bat for the Cedar Valley and the TechWorks Campus. His work for this and other economic development issues this year is recognized by legislators from both sides of the isle.”

Jerry Thiel, Director of UNI’s Metal Casting Center is also optimistic about the impact of the collaboration on the industry statewide, “The capabilities of having technology like this will undoubtedly increase the overall competitiveness of Iowa manufacturers by allowing them to deliver products to the market at an unprecedented rate.”

Randy Pilkington, Executive Director, UNI Business and Community Services adds,
“This is a substantial investment in advanced manufacturing not just for the Cedar Valley, but for the entire state of Iowa. It also shows UNI’s commitment to advanced manufacturing statewide.”

What this means to the Cedar Valley

“The Cedar Valley is known as Iowa’s center of Advanced Manufacturing,” states Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber. “With the high concentration of manufacturing in our economic area, and the manufacturing technology -related resources of UNI and our higher education partners, the Cedar Valley is the prime location to establish the state’s hub of leading edge applied manufacturing technologies. As businesses and entrepreneurs from all over the Midwest access our equipment and facilities to improve and produce innovative products, we take another step in innovation led economic development in the Cedar Valley economy, and toward fulfilling the original vision for the Campus. We’re proud to be known as the Advanced Manufacturing Hub,” concludes Dust.

The Governor is expected to sign the bill into law before the end of June.

The Cedar Valley TechWorks is a 30-acre advanced manufacturing and biotechnology research, development and education center, and business and manufacturing cluster. The campus is located in downtown Waterloo, Iowa adjacent to the John Deere operations. The Cedar Valley TechWorks is owned and managed by the Greater Cedar Valley Alliance & Chamber.

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The Greater Cedar Valley Alliance & Chamber Launches New Data Tool Resource

As part of its portfolio of business services, the Greater Cedar Valley Alliance & Chamber, in partnership with Far Reach of Cedar Falls, introduces the Cedar Valley Data Portal.

Through the Cedar Valley Data Portal website, statistics and data about the Cedar Valley, from a multitude of sources, is collected and routinely updated in one convenient location. Data available on the site includes general demographic, economic, social, and housing statistics along with a variety of additional information regarding Cedar Valley cities, seven county economic area and the state of Iowa. The site offers data comparisons through easy to create, customizable reports.

As an economic development organization, the Alliance & Chamber is the primary agent for the demographic information on the entire Cedar Valley region. It is a priority of the Alliance & Chamber to distribute this information and business intelligence in the most efficient and effective way possible. The information provided in the data portal presents the Cedar Valley as one economic region, positioning the region competitively for new jobs and investment. Site selectors from outside the region will especially appreciate the comprehensive economic and talent information available through the data portal.

“ Most companies and site selection influencers are conducting community data and property searches 24/7 and look to organizations like the Alliance & Chamber as a source. If this information isn’t readily available on our web site, we risk a lost opportunity,”notes Alliance & Chamber Economic Development Marketing Director, Lisa Rivera Skubal. “Companies and site selection influencers don’t call economic developers until they have already made a short list of potential sites. This interactive data portal complements our available property data base, further setting us apart.”

The data portal is also an avenue to support retail and service business with access to current information for planning.

Project History

A survey to Alliance & Chamber partner organizations such as utility partners, the Iowa Economic Development Authority, and the Cedar Valley Regional Partners showed need for such a system. From there, Far Reach developed the system for the Alliance & Chamber.

The Greater Cedar Valley Alliance & Chamber is responsible for updating the information provided on the data portal. Alliance & Chamber staff use national reporting sources, such as the Bureau of Labor Statistics, US Census Bureau, Council for Community and Economic Research and Iowa Workforce Development to aggregate data. Far Reach Technologies will continue to providing reporting and analytics to guide the growth and enhancement of the site.

“The Alliance & Chamber works with these stats every day. The ability to collect, update, and distribute this kind of comprehensive business intelligence is bedrock to what our organization does. This is not only a value added benefit to our investors, the Cedar Valley Data Portal is a critical resource for attracting new business and talent to the Cedar Valley,” comments Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber.

The Cedar Valley Data Portal can be found by going to www.cedarvalleyalliance.com, http://data.cedarvalleyalliance.com/DataPortal.aspx. For more information on the Cedar Valley Data Portal and other information services provided by the Alliance & Chamber, contact Taylor King at tking@cedarvalleyalliance.com or 319-232-1156. Far Reach can be found on the web at www.farreachinc.com.

CEDAR FALLS IS IOWA’S FIRST GIGABIT CITY

“CFU now offers 1-Gig service to every home and every business in the city making Cedar Falls Iowa’s first ‘Gigabit City.’ There are fewer than 50, 1-Gig cities in the nation. Of those that claim 1-Gig service, most only deliver it to a small area of the city or a certain class of customer. CFU offers true, city wide, 1-Gig to everyone.

The Cedar Valley is well on its way to becoming Gigabit Valley! With CFU’s product in place, undoubtedly 1-Gig will soon be offered by providers in Waterloo and other Cedar Valley cities. The Cedar Valley is the place for tech led industry, business and services to grow bigger and stronger. We have the fiber to prove it!” – Steve Dust, CEO Greater Cedar Valley Alliance & Chamber.

More information can be found at www.CFU.net

The following is CFU’s May 28th announcement

CFU launches state’s fastest internet service

CEDAR FALLS IS IOWA’S FIRST GIGABIT CITY

CEDAR FALLS, IA Cedar Falls Utilities (CFU) launches internet service at 1 gigabit per second (GBPS) today, making Cedar Falls the first and only Iowa community on the nation’s short list of gigabit cities.

CFU’s gigabit service is available now at any Cedar Falls business or home. The service is delivered through CFU’s city-wide fiber optic network, completed earlier this year. About 400 rural Cedar Falls properties also have access to the service.

“We can turn up a customer’s gigabit service on the same day they ask for it, if not the same hour,” said CFU General Manager Jim Krieg. “The facilities are already in place, so we can activate the service remotely from our network operations center.”

Cedar Falls Community Services Manager Robert Seymour says the “gigabit city” label will put Cedar Falls on the map for a broader list of business prospects.

“This is a great tool for promoting Cedar Falls as a place to locate or expand a business,” says Seymour. “It’s an important part of the complete infrastructure package we bring to the table, and it means we can compete with the best broadband communities anywhere in the country.”

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CFU’s high-speed internet service dates back to 1996, years before similar service became available in most of Iowa. “Back then, a 10 megabit connection easily met the needs of a high-demand business user,” Krieg recalls. “The service we’re launching today is 100 times as fast.”

“One of the biggest changes we’ve seen is the transformation of broadband access from an innovation back in the ‘90s, to a convenience that people want, to an essential service for businesses and families,” Krieg said. “Today customers are looking for more than speed. They demand the highest reliability for their broadband connections, just as they do for electric or water or gas service.”

To meet that need, CFU designed its city-wide network and external internet connections with diverse fiber paths and back-up capacity. “Our network is set up to maintain service to customers even when something breaks,” says Network Manager Rob Houlihan. “Say there’s a fiber cut between here and Chicago that takes one of our upstream providers out of service. Our other transport paths and bandwidth sources handle the traffic, without disruption for the customers.”

Krieg notes that CFU serves more than 600 businesses and 11,000 home internet customers today, and most will not immediately upgrade to gigabit service. “With this launch, we’re upgrading our top business tier customers from 200 MBPS to gigabit service at the same price,” he said.

Bandwidth demand from CFU’s internet customers has grown rapidly, and more than doubled in 2012. “Experience shows that when we deliver more bandwidth, customers find innovative ways to use it,” Krieg says. “We expect demand for gigabit service to start small, but grow fast.”

CFU continues to offer a range of home and business internet plans, starting at $30/month. Speeds and pricing for all of CFU’s broadband services are online at www.cfu.net/internet.

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Cedar Falls Utilities provides broadband communications, electricity, water and natural gas services to homes and businesses in Cedar Falls, Iowa, population 39,000. The Utilities are owned by the City of Cedar Falls and operated for public benefit under the governance of a citizen Board of Trustees. The Municipal Communications Utility was formed in 1994 by a citizen referendum, and launched internet and television services in January, 1996.

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Media resources: Visit CFU’s online newsroom for video news release, broadcast quality video clips, still images, logos and sidebar copy.

About CFU

Cedar Falls Utilities provides internet, electricity, water, natural gas and cable television services to homes and businesses in Cedar Falls, Iowa, population 39,000. Electric and broadband services are also provided to an 85-square-mile area of rural Cedar Falls. The rural service area is located mostly in Black Hawk County, Iowa, with limited overlap to adjacent Grundy and Butler Counties.

Internet and video services are provided through the Municipal Communications Utility, founded by citizen referendum in 1994. In 1996 the Utility was among nation’s first providers of high speed internet service. In 2013, CFU completed a three-year network upgrade, bringing a fiber optic connection to every Cedar Falls home and business.

CFU’s combination of reliable and economical broadband, electricity, natural gas and water services gives growing and relocating companies a single source for essential services that are immediately available and ready for business.

CFU’s business units are the Cedar Falls Municipal Communications, Electric, Gas and Water Utilities. All four entities are owned by the City of Cedar Falls and operated for public benefit under the governance of a citizen Board of Trustees

The Greater Cedar Valley Alliance & Chamber Assists Black Hawk Engineering, Inc. in Acquiring Expansion Funding

The Greater Cedar Valley Alliance & Chamber is proud of their role in the State of Iowa’s $137,000 incentive package award to Black Hawk Engineering, Inc. The incentive package, awarded by the Iowa Economic Development Authority, helps fund a 40,000 square foot expansion at the firm’s facility in the Cedar Falls Industrial Park. This project will create 16 new jobs and add capacity to support their work as a supplier of custom drive train components.

Alliance & Chamber staff assisted Black Hawk Engineering through the entire application process which resulted in the state approving 100% of the application request.

The Alliance & Chamber helps Cedar Valley businesses and the local economy grow through: workforce & talent initiatives, business growth services, advocacy, Cedar Valley regional marketing collaboration, and collecting and distributing business intelligence & economic performance data.

For more information on the Alliance & Chamber business services can be found at www.cedarvalleyalliance.com or by contacting, contact Britt Jungck, Director of Business Services at (319)232-1156 or email bjungck@cedarvalleyalliance.com.

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Dust Optimistic About Cedar Valley Economy – Part 2

View the three part video of Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber on KWWL’s Steele Report.

Click Here.

Dust Optimistic About Cedar Valley Economy – Part 1

View the three part video of Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber, on KWWL’s Steele Report here.

Click Here.

Keeping track of the bills that impact Cedar Valley business

We have posted the Iowa Chamber Alliance’s bill tracker for the week of March 11, 2013. This document shows all of the bills under consideration in the current legislative session that are important to business and are being followed by the Alliance. The Iowa Chamber Alliance is strong partner with the GCVAC in the Legislature; we work very closely with their lobbyists throughout the session. You will find the bill title, bill number, an abbreviated bill history and the ICA position on the bills. (Reference: FR= for; UK=undecided/monitoring. )

View ICA bill tracker here.

Dust comments on Deloitte study of Iowa’s competitiveness

In a recent Courier article Steve Dust, CEO of the Greater Cedar Valley Alliance & Chamber and chairman of the Iowa Chamber Alliance commented on a recent study performed by Deloitte Consulting LLP.

The study was commissioned by ICA in hopes to provide the Legislature and policy makers current information about where Iowa lines up competitively with the study’s benchmark states. Read the entire Courier article by Jim Offner here.

Iowa Chamber Alliance study finds Iowa’s economic development toolkit effective, but under resourced

The study rates Iowa’s competitiveness with its neighbors and other highly competitive states in economic development programs

View study here

Des Moines, Iowa – The Iowa Chamber Alliance, a non-partisan coalition representing the 16 largest chambers of commerce and economic development organizations throughout the state, released today a new study examining Iowa’s relative competiveness in its economic development efforts. Deloitte Consulting LLP was commissioned to examine the competitiveness of Iowa’s state-level economic development incentives.

“This study confirms Iowa’s approach to economic development incentives is on the right track, but it also demonstrates that Iowa does not resource its economic development incentives at a competitive level,” said John Stineman, Executive Director of the Iowa Chamber Alliance.

The Deloitte study found that Iowa lags only behind Texas in the “usability” of its economic development incentives – an important factor in how a state measures up in competing for economic development investments. Texas is widely considered one of the most aggressive states in economic development in terms of its incentive funding, its programs and its business-friendly tax and regulatory climate.

However, on the financial value side of economic development – the ability to impact projects through financial incentives – Iowa lags significantly behind its neighbors as well as other leading economic development states.

“It is clear Iowa punches above its weight class in economic development. The approach and programs we have are working and the proof is in the projects. The question is, how many projects are we missing out on because we simply do not resource economic development efforts at a competitive level?” said Stineman.

The study examined Iowa’s economic development programs and funding compared to five other states: Minnesota, Nebraska, South Dakota, South Carolina and Texas. South Carolina and Texas are consistently ranked as highly competitive states for economic development.

Other key findings of the study include:

Iowa is at a competitive disadvantage in the availability of discretionary funds to help close deals as well as in offering corporate tax exemptions.
Iowa performs at peer level in property tax exemptions, sales and use tax exemptions, and research and development tax credit programs.
Iowa has a competitive advantage in its workforce development incentive programs.
Other states have caught up to and begun to pass Iowa in data center and technology incentive programs – an area where Iowa was considered a leader previously.

“Iowa has a solid base of state-level economic development incentives tools upon which to build. However, to become more competitive, Iowa may wish to increase the funding level and flexibility of some of the State’s key incentive programs” states Darin Buelow, a Principal with Deloitte Consulting LLP.

The recommendations from Deloitte Consulting include:
Consider increasing the cap on Iowa’s economic development tax credits
Evaluate options to offer a “Deal Closing Fund” or more discretion to the Iowa Economic Development Authority in awarding direct financial assistance
Consider allowing the sale, refund or transfer of economic development tax credits
Consider expanding the Brownfield/Grayfield Redevelopment Tax Credit program
Consider augmenting Iowa’s data center incentives.

“The opportunity is there for Iowa. We are well positioned to compete – if we resource our economic development efforts at the right level. We also need to review our programs to ensure we have usable and valuable incentives to help Iowa continue its economic growth in the future,” said Stineman.

For more information about the Iowa Chamber Alliance’s positions and legislative agenda, please visit www.iowachamberalliance.com. Copies of the study will be made available upon email request to john@iowachamberalliance.com.

About the Iowa Chamber Alliance

The Iowa Chamber Alliance’s mission is to put forth and enact an agenda to grow the state’s economy through support of proactive programs that stimulate economic growth opportunities for the entire state and its residents. The Alliance members include chambers and economic development organizations in: Ames, Burlington/West Burlington, Cedar Rapids, Council Bluffs, Des Moines, Dubuque, Fort Dodge, Iowa City, Marshalltown, Mason City, Muscatine, the Quad Cities, Sioux City and Waterloo/Cedar Falls.

View the study here

Grow Cedar Valley