Iowa is the third largest producer of energy from renewable sources ...

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State

ment

of the

State

State

F

rom research and development to workforce and education, see how Iowa ranks against its US competitors. The numbers don’t lie, and Conway’s New Plant & Expansion database also provides a monthly picture of the global investment activity. The state’s top 25 projects are also highlighted. For this analysis, only projects involving a new or expanded facility, with either an investment amount higher than $1 million, 20 new jobs or a minimum of 20,000 sq. ft. were selected. For more information contact [email protected].

Graduate or Professional degree Iowa 8% US 12%

of the

Less than High school Iowa US

State

9% 12%

Bachelor’s Degree Iowa 18% US 20%

High School Graduation rate

28

%

Iowa ranked third for installed wind capacity, producing 28% of its electricity from wind power.

Iowa Department of Education, 2014

High School Iowa 33% US 29%

(American Wind Energy Association)

Associate’s Degree Iowa 10% US 10%

Between 2012-2013, the State of Iowa's R&D expenditures increased by 20%, while the U.S average decreased by 1%. (National Science Foundation)

(US Census Bureau, 2009-2013 American Community Survey)

Some College Iowa 22% US 17%

Iowa Investment Project Breakdown 15,345 13,062 $12,386 3,525

2,574

$3,055

20,349

4,701 5,555

Iowa is the third largest producer of energy from renewable sources in the US.(excluding hydroelectric)

$2,407 3,565

$3,915

employees have been trained under Iowa's job training programs in the last two years.

2,507 1,996

$2,191

887 1,540

1,558

$818

(Iowa Economic Development)

SQ.FT.

JOBS

$

In US$ Million 2010

In thousands 2011

2012

2013

2014

(Conway New Plant database)

(US Energy Information Administration, April 2014-April 2015)

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IOWA ECONOMIC DEVELOPMENT GUIDE

IOWA ECONOMIC DEVELOPMENT GUIDE

 87

State

of the

companies opened or expanded their headquarters in Iowa in 2014

State

State Iowa exports to China, Hong Kong and Singapore have increased by respectively 54.8%, 58.9% and 50.5% between 2013-2014. (International Trade Administration)

(Conway New Plant database)

Fostering R&D

SINGAPORE

CHINA HONG KONG

employed

196 companies received $34.7 million in tax credit refunds for research and development in 2014. (Iowa Department of Revenue report)

51,200 workers 51,200 workers employed by foreign-controlled companies in 2012. In 2014, goods exports from Iowa supported more than 107,000 jobs. (International Trade Administration)

in the nation

by capital investment in millions

Microsoft

West Des Moines

Information Technology & Communications

Data Center

Facebook POET-DSM Advanced Biofuels LLC Alcoa

Altoona Emmetsburg Davenport

Information Technology & Communications Chemicals & Plastics Metals

Office Manufacturing

300 275

Manufacturing

190

Boehringer Ingelheim Vetmedica, Inc. Krause Holdings, Inc. Kum & Go LC Ag Products Inc. (AGP) Monsanto Company XTL, Inc.

Fort Dodge Des Moines Des Moines Sergeant Bluff Muscatine Council Bluffs

Life Sciences Energy Food & Beverage Food & Beverage Chemicals & Plastics Transportation & Logistics

R&D Headquarters Headquarters Manufacturing Manufacturing

94 92 92 90 74

Iowa Premium Beef General Mills Cereals Properties LLC CRST International Owen Industries, Inc. Shearer's Foods LLC TrinityRail Diamond V Mills Inc. American Republic John Deere Heinz Company Case New Holland Industrial Employers Mutual Casualty Company Swiss Valley Farms Company EMC Insurance John Deere Des Moines Works

Tama Cedar Rapids Cedar Rapids Carter Lake Burlington Sioux City Cedar Rapids Des Moines Cedar Falls Muscatine Burlington Des Moines Monona Des Moines Ankeny

Food & Beverage Food & Beverage Transportation & Logistics Metals Food & Beverage Transportation & Logistics Food & Beverage Business & Financial Services Machinery, Equipment & Construction Food & Beverage Machinery, Equipment & Construction Business & Financial Services Food & Beverage Business & Financial Services Machinery, Equipment & Construction

Distribution/Warehousing Manufacturing Manufacturing Headquarters Manufacturing Manufacturing Manufacturing Manufacturing Office Manufacturing / R&D Manufacturing Manufacturing Office Manufacturing Office Office

62 48 47 37 35 33 30 30 29 27 25 24 23 21 20 19

(U.S. Bureau of Labor Statistics)

25

Projects by Sector (2010-2014)

Iowa exports of its top 25 commodities grew by 28% between 2013 and 2014. (International Trade Administration)

(Conway New Plant database)

88 

IOWA ECONOMIC DEVELOPMENT GUIDE

$1,100

(Conway New Plant database)

Iowa has the 5th lowest unemployment rate in the U.S: 3.7% in June 2015

top

State

Top 25 Iowa projects in 2014

commodities

107,000 jobs

of the

84

Food & Beverage

70

Machinery, Equipment & Construction

44

Chemicals & Plastics

31

Business & Financial Services

30

Transportation & Logistics

22

Metals

21

Information Technology & Communications

20

Life Sciences

14

Automotive

12

Consumer Products

11

Electronics

5

Aerospace

14

Others

3

Energy

3

Minerals

3

Wood Products

3

Other

2

Paper, Printing & Packaging

IOWA ECONOMIC DEVELOPMENT GUIDE

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