Vermeer Expands in Bondurant: A Boost for Local Economy
Vermeer Corporation, a family-owned manufacturer based in Pella, Iowa, is embarking on a significant expansion in Bondurant, reflecting its commitment to innovation and job creation. The company has acquired 186 acres to build a new 300,000-square-foot facility that will generate over 300 jobs in the Des Moines metro area, further enhancing the local economy.
Understanding the Impact of Job Creation
With the announcement of the creation of these new jobs, Vermeer emphasizes the importance of both skilled labor and the local economy. Among the positions, 62 will offer competitive wages of more than $35.11 per hour, which is crucial for attracting a dedicated workforce in the industry. This move not only bolsters job growth but also demonstrates Vermeer’s commitment to being a leading employer within Iowa, thus retaining talent and stimulating economic prospects.
The Technology Driving Change
The planned facility will harness advanced manufacturing technologies, including innovative air circulation systems and a full spectrum of manufacturing capabilities, such as machining and assembly. This state-of-the-art operation reflects Vermeer’s ambitions to remain at the forefront of the manufacturing sector, producing essential equipment known as Cutting Edge products that are vital for industries such as forestry and landscaping.
A Collaborative Effort
The expansion was made possible through collaboration with local authorities, including the City of Bondurant and the Iowa Economic Development Authority. Their commitment is further highlighted by the financial incentives provided, such as a $5.1 million tax credit and a $4.8 million property tax abatement. This partnership underscores the significance of local governance in supporting business growth and job creation.
Celebrating an Iconic Iowa Legacy
Central to this announcement is the proud legacy of Vermeer, founded by Gary Vermeer 78 years ago. Jason Andringa, the current president and CEO, highlights that while their headquarters will remain in Pella, their expanding presence in Bondurant addresses growing customer demands and showcases the brand's commitment to innovation. This growth story reverberates through the roots of the Vermeer family and reinforces their dedication to serving communities across Iowa.
Short Summary
The new facility not only represents Vermeer’s ongoing growth but also resonates with homeowners and industry professionals alike, fostering the development of essential landscaping and tree care equipment. As Vermeer continues to innovate, homeowners can look forward to cutting-edge tools that help maintain their outdoor spaces effectively.
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