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Kendrick, Inc. Expanding in Northeast Iowa
 Kendrick, Inc. is expanding their forest products business by adding a custom home decor wall art production facility at their location in northeast Iowa. The expansion will include the addition of production space and machinery and equipment necessary to meet customer requests for the new product line. Economic development loans provided by Dairyland Power and Allamakee-Clayton Electric Cooperative are helping finance the project.
Not just a sawmill, Kendrick also manufactures lumber, railroad ties, custom built cabinets and other wood products including mulch for regional Menards stores. Kendrick is a family-owned business that was started in 1983 and the company’s home office is located with their production facility in Edgewood, Iowa. Today, the company employs about 60 employees. The expansion is expected to create as many as 13 additional jobs.
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Decorah, One of America's Best Small Towns - a Great Place to do Business
 Decorah, Iowa, population 8,000, is a warm and vibrant town that offers plentiful recreation, a charming downtown, natural beauty, and a close-knit community—all while providing the conveniences of a city many times its size including a four-year college and first class health care.
The 154-acre Decorah Business Park is situated on State Highway 9 across from the Decorah Municipal Airport. The Park offers city utilities and service. Light manufacturing, retail and office lots are available.
Decorah is a popular destination in northeast Iowa for many reasons and was featured in Smithsonian Magazine’s annual list of the 20 best small towns to visit in America, as well as being named on Forbes “America’s Prettiest Towns” list and the 2015 Best Choice Reviews list of the 50 best small towns in America.
Decorah may be a great fit for your business. Contact Craig Harmes at (608) 787-1310 or Craig.Harmes@DairylandPower.com.
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Wheaton Business Park, Well-Positioned in the Twin Cities to Green Bay Corridor
On the western outskirts of the Eau Claire/Chippewa Falls metropolitan area is the Wheaton Business Park. The Business Park is a 60-acre development designed for highway commercial and industrial purposes. This property is located on State Highway 29 and offers easy access to Interstate 94.
Studies conducted by the Wisconsin Department of Transportation have shown this corridor between the Twin Cities and Green Bay to be a foundation of economic growth. With anchor tenants in place, new intersections, traffic lights and ramps, the Wheaton Business Park offers an excellent investment opportunity for your business.
For more information contact Craig Harmes at (608) 787-1310 or Craig.Harmes@Dairyland Power.com.
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Dairyland Power Announces Wind Energy Expansion
Dairyland Power Cooperative has begun purchasing 80 megawatts (MW) of renewable energy from the Barton Wind Farm (Kensett, Iowa), effective February 15. Dairyland has reached a power purchase agreement with Avangrid Renewables (Portland, Ore.) which owns and operates the Barton Wind Farm. It is located in north-central Iowa and has been in service since 2009. The Barton Wind Farm has a capacity of 160 MW of wind energy, of which Dairyland will purchase 80 MW—enough renewable energy to power more than 19,000 homes.
This is Dairyland’s second major wind energy investment in recent months. In 2016, Dairyland announced a power purchase agreement for the 98 MW Quilt Block Wind Farm. Dairyland will purchase the entire output of the Quilt Block Wind Farm from EDP Renewables. Quilt Block is under construction near Platteville in southwest Wisconsin, and is expected to come online in late 2017.
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Dairyland Power Solar Sites Begin Coming Online
Six of the 15 solar energy facilities Dairyland Power announced last year have achieved commercial operation. The projects are located near the Wisconsin communities of Viola, Hillsboro, Arcadia, Mt. Hope, Medford, and Menomonie.
In 2016, Dairyland announced a total of 15 utility-scale solar installations, 14 of which will be located in western Wisconsin and one in northeast Iowa. They will range between .5 megawatts (MW) and 2.5 MW in scale. Together, they will yield close to 21 MW of renewable energy. All are expected to be operational by the end of the summer. The Wisconsin facilities will more than double the current solar capacity in Wisconsin.
As a cooperative initiative, the facilities are being built in the service areas of Dairyland’s member electric cooperatives. The advantages of multiple projects is separate locations include: diversified weather, distributed grid infrastructure impacts and locally-based renewable energy. Fourteen of the solar facilities are being built by SoCore Energy (Chicago) and one by groSolar (White River Junction, Vermont).
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0% Interest Economic Development Loan Funds Available for Your Project
 One of the best kept secrets in regional economic development is the Rural Economic Development Loan Program (REDL) available through electric cooperatives. The program provides business and community development loans of up to $1 million at 0% interest. Funds can be used for business expansion and start-up. Eligible purposes include real estate, buildings (new and existing), machinery and equipment and/or working capital. Community facilities and infrastructure are also eligible purposes. Loan amount is determined by overall project scale, local cooperative policies, job creation/retention and other typical loan approval criteria.
Are you wondering whether this financing might be available for your project? Contact your local electric cooperative or Craig Harmes, Dairyland Power Cooperative, at (608) 787-1310 or Craig.Harmes@DairylandPower.com.
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Dairyland Power is an Equal Opportunity Provider and Employer.
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