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
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