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Economic Development is . . . (increasing the flow) of capital through the community and reducing its leakage.

Mid-Iowa Cooperative

Construction is progressing on a grain storage and fertilizer products plant at the junction of U.S. Highway 63 and County Road E29 north of Toledo and east of Garwin.  The Mid-Iowa Cooperative facility will include high speed grain receiving of 30,000 bushels per hour, two 1,200-bushel grain pits, a 10,000 bushel-per-hour grain dryer, grain storage in excess of three million, and two grain scales to control traffic flow. Mid-Iowa Cooperative was granted an Industrial Tax Exemption by Tama County in which the actual value added to the real estate is eligible to receive a full exemption from taxation for a period of three years after certain conditions are met.   Its site in Garwin suffered extensive damage in the July 11 windstorm. The equipment and bins left standing in Garwin will be used for storage.

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