Iowa’s rural electric cooperatives commitment goes far beyond ensuring safe, reliable, affordable, and environmentally responsible energy. They actively create strategic partnerships and provide technical and financial assistance to support business growth and community vitality. Annually, the Iowa Area Development Group (IADG) presents Impact Awards to utility partners who have been involved in significant economic development initiatives. During their recent Board Meeting, the Cooperative was recognized for its economic development accomplishments and commitment to the communities it serves.
Harrison County Rural Electric Cooperative (REC) was presented with an IADG Impact Award for business development. Recent examples of project support include lending assistance from their Revolving Loan Fund (RLF) to Duncan’s Poultry for their new fully State-inspected facility in Missouri Valley. The expansion allowed them to expand services to local growers and expand their sales to surrounding states. Harrison County REC also supported Continental Carbonic Products, Inc. for their new 35,000 sq. ft. manufacturing facility near Denison. Synergies with adjacent Anderson Ethanol Plant allow the facility to manufacture and distribute dry ice, a solid form of carbon dioxide, as a coproduct from the ethanol plant. Finally, Harrison County REC remains an active connector between Lincoln Premium Poultry and growers needed to supply chickens for their operation and, ultimately, COSTCO.
“We commend Harrison County REC for being an active supporter of business and community development in the territory they serve,” said IADG President Rand Fisher. “They provide essential financial and technical assistance that many times are critical components in successfully securing projects that create jobs and support community vitality.”
This is the third consecutive year that Harrison County REC has been recognized for its economic development effots from IADG. Dave Stevens, HCREC Director of Operations and Economic Development states, ”Harrison County REC is blessed with a wonderful service territory that we get to go to work for. I am so appreciative of our management team, board of directors, employees, and members for their support and effort involved in all of our economic development projects. We’re proud to provide growth and opportunity to those we serve and determined to continue providing a bright future for western Iowa.”