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CONTENTS FEbruary 2014

n Woodruff Construction


n David’s Home Furnishings


is in transition

offers quality solutions

n Atlas Kitchen & Bath


is about dreams

Has a game plan for tomorrow ................. 5

d e p a r t m e n t s economic indicators


in every issue alliance Newsletter ................................................... alliance News ........................................................... CVb ......................................................................... Investing in Our Community ................................... Iowa Central Insights ................................................

Has many options ................................... 8

18 23 25 26 27

ON THE COVER Woodruff Construction President Don Woodruff, at left, and Dave O’Brien, West Region President, pose with a set of plans for an upcoming project. — Messenger photo by Hans Madsen

Makes dreams come true ....................... 10


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Fort Dodge Business Review is published monthly by The Messenger in cooperation with The Greater Fort Dodge Growth Alliance.

All rights reserved. Copyright 2014. Reproduction in part or in whole without the expressed written permission of Fort Dodge Business Review is strictly prohibited. unsolicited manuscripts must be accompanied by return postage. Fort Dodge Business Review is not responsible for unsolicited photographs, artwork or manuscripts. The opinions expressed in editorial material are not necessarily the opinions of Fort Dodge Business Review.

Woodruff Construction President Don Woodruff, at left, and Dave O’Brien, west region president, look over specifications for a project recently in the company’s Fort Dodge offices.

Woodruff construction is in transition Has a game plan for tomorrow by TERRENCE DWYER Almost six decades ago, Leonard Woodruff and Jack Evans launched Woodruff-Evans Construction. What was initially a general contracting company that served Fort Dodge and nearby communities has evolved into Woodruff Construction LLC, an enterprise that serves much of the Hawkeye

photos by HANS MADSEN State. Don Woodruff, the company’s president, heads the business his father founded but said the ownership today has been broadened beyond the Woodruff family. “We’ve got other shareholders,” Woodruff said. “We’re in a transitional period and have been for

over 12 years of ownership transfer. ... Woodruff Inc., which is my brother Bill and I is the majority shareholder. We’re a limited liability company. The company today has 10 owners that include executives at the three regional headquarters — Fort Dodge, Ames and Iowa City.


subsidiary named Woodruff Design that was created a bit more than a decade ago. Based in Ames, this architectural component has made it easy for the company to undertake design-build projects. The design-build approach to construction involves a dialogue between the client and the contractor from the earliest design phase through the completion of a structure or renovation. It integrates the architectural design and the construction processes. The goal is to create a seamless process with a maximum of communication among the designer, builder and client from the conceptualization of a project to its conclusion. “We’re able to design-build out of each of the three offices,” Woodruff said. “And not necessarily always using Woodruff Design. We’ve used Woodruff Construction crews work on what will become a teaching kitchen other architectural firms. ... classroom for the Culinary Arts program at Iowa Central Community College. There are certain projects that lend themselves very well to design-build. Projects that “It’s people in each of those ment. It’s a team effort.” need to be fast-tracked. Projects offices who have a share in the busiWoodruff Construction is a midwhere you want to have some ness,” Woodruff said. “They share sized company. It handles commerowner involvement in the selection in the success as well as the chalcial and industrial projects that vary of the subcontractors. ... Projects lenge.” in size. In addition to new construcwhere you need to have the conHe explained that about a year tion, it frequently tackles major rentractor involved early on to get an ago a new regional organizational ovations and facility upgrades. It understanding of project phasing or structure was formalized that is has both the governmental and pristaging issues.” keyed on three regional presidents. vate sector clients. Woodruff said that while most of “We have the west region, central “Probably 60 percent governthe work the company undertakes region and east region,” Woodruff mental and 40 percent private,” is not design-build, having a thorsaid. “Dave O’Brien is the west Woodruff said. “We can do a ough understanding of this region president. Jason $100,000 project and our largest approach enhances his team’s abiliRechkemmer is president of the right now is about a $17 million ty to respond appropriately when central region, headquartered in project. ... At any given time we can this approach best serves a client’s Ames. Nick Ford in Iowa City is handle 20 projects.” requirements. president of the eastern region.” The company is able to address a “We’re a progressive, adaptable The company’s management wide range client needs and can company,” Woodruff said. “We’re structure capitalizes on the benefits accommodate diverse construction willing to learn both about the of both administrative decentralizachallenges. processes that we utilize, but also to tion and a collaborative business That flexibility is what helps set learn about our customers to give philosophy. the company apart from some comthem the best possible solutions.” “What we’ve done is these three petitors, Woodruff said. gentlemen have taken on great roles “Our understanding of different Building a work force in each of the regions, but they are project delivery systems, our ability Having workers with the appronot only responsible for the region, to be able to self-perform the work,” priate skills is a challenge that all they are also responsible for the he said. “We can self-perform up to construction companies face. company’s success,” Woodruff 70 percent of the work without subWoodruff Construction invests sigexplained. “So they work hand in contractors. But we can also subnificant resources in helping the hand to assist each other with best contract it.” people it hires acquire the knowlpractices, with labor, with equipWoodruff Construction has a 6 • FORT DODGE BUSINESS REVIEW • February 2014

edge they need to succeed in the industry. “What we’ve done — and we’ve been doing this for 15 or 20 years — is have our own internal training programs,” Woodruff said. That means candidates for employment at the company need not prior to being hired have all the knowledge and expertise they will require on the job. “If somebody doesn’t have the needed background, that’s not a deterrent at all,” Woodruff said. “We hire attitude and attendance.” “We invest a lot of money in training and we get a return on it,” he said. “So we’ll train something as rudimentary as simple math to English as a second language to welding, carpentry, reading blueprints, operating a crane. We have foreman’s training for leadership. We have leadership training for our superintendents. Anything we do in our business, we train on.” Much of the training is conducted

at the Fort Dodge facility where the company has a state-of-the-art educational center. The classes are often taught by members of the Woodruff work force, but outside talent is sometimes recruited to help with particular subject matter. The instruction is designed to improve the employee’s ability to perform the job presently held and develop the skills necessary to advance within the company. Woodruff Construction’s commitment to ongoing education makes it an attractive employment venue for people who want to build a career. “When we first started, we thought we were training our competitors’ work force, but the contrary has been true,” Woodruff said. “We allow them a career path. They are their own limiting factor in their success.” He said the company’s commitment to the success of its employees has helped produce a loyal, motivated employee team. In addition to the elaborate internal training agenda, the

company also encourages employees to take appropriate courses at Iowa Central Community College. Building Fort Dodge about one-third of Only Woodruff Construction’s approximately 120 employees are based in Fort Dodge and the business has become a competitive presence throughout Iowa. Over the decades, however, Woodruff Construction has been a huge force in reshaping Fort Dodge — its birthplace. That remains true as the 21st century evolves. Woodruff Construction has quite literally helped build modern Fort Dodge. The spectacular new Fort Dodge Public Library is a prime example of a Woodruff project. Other undertakings include renovations and enhancements at the former Beh Building, Shimkat Motor Co. and Trinity Regional Medical Center. Trinity’s innovative Paula J. Baber Hospice Home was a Woodruff project. So too is the expansion of TRMC’s Emergency Department currently underway. The list could go on and on.

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Woodruff Construction Project Manager Tamsen Kirby, left, and Superintendent Bob Moore look over plans at the Iowa Central Culinary Arts project.

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david’s Home Furnishings offers quality solutions Staff helps customers understand their options by TERRENCE DWYER Selecting just the right furniture for a home or office can be a challenge. The choices are extensive. The spectrum of prices is broad. The process of determining what constitutes good quality at a reasonable price can be intimidating. David Madsen, who has owned what is now named David’s Home Furnishings but got its start more than two decades ago as Oakhill Furniture & Gifts, is on mission to help his customers be informed shoppers. “What we try to do when people come into the store is to educate them on what to look for when buying a piece of furniture,” he said.

photos by HANS MADSEN Madsen said an important goal of the team of professionals at his enterprise is to help furniture buyers recognize quality and avoid being seduced by low prices into purchasing something that will not serve their needs. “There is a lot of cheap stuff out there that is made just for price,” he said. The commitment to helping people shop wisely is stressed in an admonition included on the store’s website: “You don’t buy new furniture every day, but when it’s time to do just that, take your time and make sure you’re getting the most out of your new investment.”

Madsen’s David’s Home Furnishings at 611 Central Ave. and the adjacent MattressSmart — the part of the store that specializes in bedding — have a combined showroom space of about 23,000 square feet. The stores are filled with an eclectic assortment of furniture and bedding. Additionally, just about anything not in stock that a customer might desire can be obtained through special orders. “Our main goal is to sell medium and upper medium quality furniture,” Madsen said. “I’m not interested in being the cheapest sofa in town or the cheapest mattress. We want to sell stuff that leads you to come back and buy more instead of being mad at me after you buy something inexpensive or cheap.” Madsen said he is committed to marketing “good quality furniture at very affordable prices.” “I want you to come back,” he said. “I want you to be satisfied.”

A little history Madsen grew up near Fort Dodge and attended school in Barnum, graduating from Northwest Webster in 1981. He then attended Iowa Lakes Community College where he prepared for a career in hotel, motel and restaurant management. “I worked for the Starlite for a few years,” Madsen said. “I worked for Pepsi for almost 10 years and then started this business out of my garage while I was with Pepsi.” David’s Home Furnishings owner Dave Madsen, right, along with Aaron That entrepreneurial venture Tighe, delivery and sales person, pose with a piece of Amish furniture. The essentially grew out of a passtore is located at 611 Central Ave. 10 • FORT DODGE BUSINESS REVIEW • February 2014

David’s Home Furnishings owner Dave Madsen, left, and Aaron Tighe, delivery and sales, look over a bedroom set. sion for wood furniture that was a hobby in the beginning. “I always liked antiques,” Madsen said. “I could not find a chair and table that I wanted to buy. I saw them in Missouri on vacation and found a wholesaler. I bought three sets. I was going to sell two and keep one. I sold all three and kept going. We were Oakhill Furniture, which was all wood for a long time.” The mix of products diversified over time and now includes just about any type of furniture a customer might want. The store remains, however, a major local vendor of wood items. It stocks a large selection of Amishmanufactured furniture. “That is ... tables and chairs and occasional tables and bedroom sets and that kind of stuff,” Madsen said. “You can get contemporary to traditional to country. ... And I’ll match anybody on any Amish products in the state.” In the months ahead, a major new emphasis will be wood tops to be used in innovative ways on stylish bases. “If a customer has a unique base they want to put it on, they can,” Madsen said. If not, the store will also offer its own selection of unique bases.

“We’re going to come up with some funky bases,” Madsen said. Another relatively new offering is wooden countertops. “We’ll be able to do that in all different kinds of woods,” Madsen said. Responding to these evolving furniture trends illustrates one of the keys to becoming and remaining successful in the furniture business. “It changes all the time,” Madsen said. Special orders The range of furniture products and options available in the 21stcentury furniture marketplace is so extensive that special orders have become a major focus. “Probably 80 percent of what we do in this store is special order,” Madsen said. “Because everybody kind of wants it the way they want it. ... We can create it on the computer to see what is going to look like. It’s crazy what you can do on computer now to show people what it is going to look like.” The special-order turnaround time varies with the product, but is relatively quick. “The upholstered stuff takes about five weeks,” Madsen said. “The case goods take about eight to 10.”

About David’s Home Furnishings David’s Home Furnishings serves a market area that encompasses about a 60-mile radius of Fort Dodge. It has a staff of seven professionals. The store is open on Mondays from 9:30 a.m. to 7 p.m. Tuesday through Friday the hours are 9:30 a.m. to 5:30 p.m. On Saturdays the store opens at 9:30 a.m. and closes at 5 p.m. Sunday hours are 1 to 4 p.m. The store sells both office and residential furniture. The brands stocked or readily available include Aspenhome, Best Home Furnishings, England, Englander, Corsicana Bedding Inc., Glideaway Sleep Products, Hillsdale Furniture, Howard & Miller Total Home, Intercon Furniture for Life, Leggett & Platt, SteinWorld, Norwalk Furniture, Southern Motion, Uttermost, Standard Furniture and Tempur-Pedic. Also available are products from Amish Gallery, Amish Wood Gallery, Chromcraft, Dimplex, Leick, Jofran and Paragon. Madsen has a straightforward message for potential customers. “You can find quality stuff here,” he said. “We’re local. We live here. We spend our money here. We’re not corporate. We’ll match anybody’s price.”


atlas Kitchen & Bath is about fulfilling dreams Aesthetics and functionality are to priorities by TERRENCE DWYER Phil Stephenson is in the business of making dreams come true. For more than three decades, Atlas Kitchen & Bath, 1903 First Ave. S., owned by Phil and JoLynn Stephenson, has helped homeowners make kitchens, bathrooms and sometimes other areas of homes both more aesthetically pleasing and more functional. Phil Stephenson said the overwhelming majority of the projects his company undertakes are related to kitchens. Bathrooms and other parts of a home are less often the focus. Stephenson brings a lifetime of experience to this undertaking. He developed an interest in working with wood as a young child.

photos by HANS MADSEN “I was probably 5 years old and built my mom a coffee table,” he said. “That’s kind of where I got started. ... Purchased my own radial arm saw. I think the first thing I ever built with it was an 80-inch wide modern style dresser.” Today, Stephenson brings a passion for cabinetry, impressive professional credentials and decades of hands-on design experience to the enterprise. Since 1983, he has been a certified kitchen designer. That certification is administered by the National Kitchen and Bath Association. Extensive training, experience and successful completion of the CKD exam are required for this designation. CKD-certified

professionals have knowledge of building, construction, mechanical and electrical systems and a wide range of other fields including building and safety codes and environmental regulations. They are also knowledgeable about product options. Stephenson said because the team at Atlas has design expertise and so many years of real-world experience, customers can be confident that the solutions and products recommended will be of high quality. “My expertise is in two things,” he said. “One is in configuration so that a kitchen works properly, but also is aesthetically pleasing. I look at those as being equally important. When I’m done with it people should walk in and say ‘this is nice.’ You should be able to work in it and not be bumping into somebody else if it’s going to be a multiple-person kitchen.” A big part of the process is finding out what the client seeks and translating those goals into a plan that is within the available budget. “We find out what they are looking for,” Stephenson said. “Sometimes even at that first meeting, we’ll know the species of wood. ... I try to get all the details that we can get, get the dimensions and go back and plan the kitchen. The next time we meet with them, we have a floor plan, setup perspectives and some cost figures.” Being able to turn an agreed-upon plan into reality quickly and with minimal Phil Stephenson,co-owner of Atlas Kitchen & Bath, poses with a sample missteps is at the heart of what has made Atlas successful. kitchen display at his 1903 First Ave. S. office, 12 • FORT DODGE BUSINESS REVIEW • February 2014

Atlas Kitchen & Bath offers a full range of kitchen and bath design services. It has been in business for more than three decades. “I think probably the thing that sets us apart is the quality of the workmanship, the cabinetry and the speed with which we can actually do the job,” Stephenson said. “It takes some time before the cabinets are ready, but once the cabinets are ready, by that time we have scheduled tear-out if we are doing tear-out, we have scheduled plumbers and electricians if they are involved in the project. Drywallers if they are involved. ... The neat thing it is it usually takes 10 days or less on an average kitchen.” Atlas uses carefully selected subcontractors to do much of the work. “We use subcontractors that we work with all the time and we know what to expect from them and they know what I am looking for,” Stephenson said. “They will be there the day that we need them so everything flows.” Producing end results that make the customers happy is Stephenson’s goal and achieving that is what he finds most rewarding about his work. “I enjoy satisfying somebody’s wants and needs,” he said. “It’s been very exciting fulfilling cus-

tomers’ needs. ... We truly care about our jobs. We like things to run smoothly. We work as hard as we can to make sure that everything goes smoothly.” That leads to satisfied clients recommending Atlas to potential customers. “We probably get 80 percent of our business from word of mouth,” Stephenson said. Atlas gets positive reviews in part because it offers fair and predictable pricing, Stephenson said. “We don’t mess around with prices,” he said. “We give them a good price right off the bat and we hold to that. If they change something, and it’s more expensive, we tell them what it is going to be ... so there are no surprises at the end.” The years of experience by Stephenson and his team contribute to avoiding costly surprises once a project is underway. “We know the business inside and out,” he said. “You have to experience what’s behind the walls, what’s under the floor — different things that you can run into. ... We know the mechanics — the plumbing, the heating, the cooling and electrical. So, when we go in and a wall has to be removed,

a window has to be replaced, we’ve done it. We know what we’re into. So, 99.9 percent of the time, there are no surprises.” About Atlas Kitchen & Bath Established in 1978, Atlas primarily serves Webster and the adjacent counties, but Stephenson said projects elsewhere are occasionally in the mix. “We’ve been to the West Coast,” he said. “We’ve been as far east as Detroit. We’ve been up into northern Minnesota and into Missouri.” Stephenson said the type of work his company performs is highly sensitive to fluctuations in the economy. Kitchen and bathroom renovations and upgrades are often deferred during periods of recession or when for whatever reasons there is unease about troublesome economic indicators. He said, however, that the months just ahead are looking quite promising. “It’s really obvious when there’s a change in the buying mood,” Stephenson said. “We are kind of experiencing that this month. The end of January we’ve seen some change going on in a positive direction. ... It looks like this year is going to be a breakout year.”




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1903 1st Ave. North • Fort Dodge • 955-5828 18 • FORT DODGE BUSINESS REVIEW • February 2014

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(515) 573-3341 Serving Webster County for over 100 years! Now Home to the ONLY 2 ILTA Certified Abstracters in Webster County! 22 • FORT DODGE BUSINESS REVIEW • February 2014

Greater Fort dodge Growth alliance news by DENNIS PLAUTZ Chief executive officer The Greater Fort Dodge Growth Alliance continues to be committed to engaging all residents of the region in our economic development efforts. One of the principal ways we do this is by insuring that good communication exists as to what and why certain things are being done. Without good communication and collaboration of all organizations and residents, we will fall short of realizing our opportunities. Recently the Alliance began a project that is representative of both regional collaboration — communication of why we need to do certain things — and which will be used as an educational explanation of the need for economic growth. The Alliance recently entered into a contract with Ernie Goss of Goss and Associates Economic Solutions to provide a fiscal impact study of Iowa’s Crossroads of Global Innovation and the current projects that are underway, e.g., Cargill and CJ Bio America. This study will be a fundamental statistical analysis to evaluate the economic benefits of current as well as future development in the park on Fort Dodge, Webster County, surrounding counties and the region. This study will estimate the overall impacts and also calculate the returns across more than 300 industries. Construction as well as operational impacts will be calculated and where those impacts are realized will be determined. Other outcomes to be developed will include impacts on the top 20 Iowa and Webster County industries, retail sales tax receipts by jurisdiction, property taxes, other income to governmental entities as well as other economic return information within the region. The results presented in this study will

be generated and projected for the next five years allowing for inflation and other economic factors. Direct impact as well as multiplier or indirect impacts will be presented. Goss is a longtime and wellknown Ph.D., MacAllister chair and professor of economics at Creighton University in Omaha Neb. Prior clients include such organizations as the Kansas Board of Regents System on the state economy, Wyoming state and local spending impacts, the economic impact of Alegent Health on the Iowa and Nebraska economies, as well as many other economic studies. Other projects have included research contracts with both public and private entities such as The Nebraska Insurance Federation, the Consumer Energy Alliance examining the impacts of the Keystone Pipeline, economic impacts of the College World Series and many other global, national, regional and local work. Goss will also be the keynote speaker at the Greater Fort Dodge Growth Alliance annual dinner on March 6. Upon completion of the fiscal impact study, the Alliance will have Goss do a number of presentations with area leaders, elected officials, area businesses and Alliance members. Finally, I want thank our partners who are helping to fund this educational study. We are truly in these economic development endeavors together, and the partnering on this effort clearly reflects that effort. The following are all financial partners involved with the Alliance on this project: n Webster County Farm Bureau, n Iowa Central Community College, n MidAmerican Energy,

n Webster-Calhoun Cooperative Telephone Association, n Gowrie Iowa Area Development Group, Des Moines, n Corn Belt Power Cooperative, Humboldt, n City of Webster City, n Prairie Energy Cooperative, Clarion, n Calhoun County REC, Rockwell City n Midland Power Cooperative, Jefferson n Humboldt County Development Association and n Corn Investment Corporation. Thank you to all our partners as we move forward together.


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cvB by KERRIE KUIPER Marketing director Convention and Visitors Bureau The Fort Dodge community offers tures, Smeltzer House, Vincent 3 p.m. on Feb. 23 at the St. Paul a variety of fine arts experiences. House, Fort Museum and Webster Lutheran Church. These experiences are imporn The Fort Dodge Area tant to not only our residents, Symphony presents “Trumpet but those who are considering Spectacular” at the Fort Dodge “The Fort Dodge CVB is ... updating moving into the area. Its nice Middle School Auditorium at to have these experiences in 3 p.m. March 2. the 2014 event calendar, but we our backyard limiting the n 2014 Home & Garden need to travel to larger comShow will be held at ICCC’s need help from the local attractions munities. There is a large talEast Campus on March 7-9. and event organizers.” ent pool in the community n Flea Markets will be held and residents often particion March 8-9 at the Webster pate in the performances County Fairgrounds. themselves. During the next few County Museum offer quality musen A Hawkeye Community Dessert months, a variety of fine arts opporum displays and programming. Theatre production will be at 7 p.m. tunities are being organized. Please Exhibits including pieces from March 11-15 and 2 p.m. March 16. refer to the calendar of events below renowned artists to historical artin Fort Dodge Sportsmen’s Show to see many of the fine arts opportufacts and restored homes round out will be March 15-16 at the Webster nities available the next couple of the visual arts opportunities. It is County Fairgrounds. months in Fort Dodge. exciting that we have these opportun Karl King band’s annual Irish Here are a few of the organizanities in Fort Dodge. Now it is up to concert will be at 3:30 p.m. March 16 tions and events which provide fine our residents to support the Fine at Decker Auditorium. arts experiences locally. I apologize Arts in Fort Dodge. n The Lizard Creek Blues Society ahead of time if I miss any organizaThe Fort Dodge CVB is also updatwill present a Blues concert on tions. The Fort Dodge Area ing the 2014 event calendar, but we March 21 at the Best Western Starlite Symphony, Karl King Municipal need help from the local attractions Village Inn & Suites. Band, Fort Dodge Choral Society, and event organizers. In order to n Fort Dodge Noon Kiwanis Lizard Creek Blues Society, properly promote the community, annual Pancake Day will be 6:30 Harmony Brigade Barbershoppers we need event details of all special a.m. ton noon March 22 at the and Sonshine Singers. Iowa Central events, festivals, tournaments, or Community Christian School gym. Community College and local performances. This includes annual n Karl King band’s scholarship schools offer various musical perevents too. Either place your event concert will be at 3:30 p.m. April 6 at formances open to the public. information on the upcoming events Decker Auditorium. Admission into these performances page of our website www.fortn Tuff-n-Nuff Bullriding will be is usually inexpensive with a or email it to fdconheld April 11 and 12 at the Webster quality performance being received. Important County Fairgrounds. Performance organizations like details are event date, times, location, n Flea markets will be April 12-13 Hawkeye Community Theatre, cost, contact phone number, website at the Webster County Fairgrounds. Comedia Musica Players, Take 2 FD and a brief description of the event. Area Summer Youth Theatre, Stage Also helpful to us is a photo of the Door Productions, Oakland event or event flyer. Season attracCemetery Walk, ICCC and local tion opening and closings are needed schools offer a variety of musicals, as well. Let me know if you have any plays and living history performancquestions. es with actors of all ages. These Here are a few upcoming events organizations not only provide perto be aware of. Please visit us at formances, but individuals are for a comencouraged to be involved in the plete list of upcoming events. productions. The Blanden Memorial n Fort Dodge Choral Society Art Museum, community sculppresents “All the World?s a Stage” at

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investing in our community by RANDY KUHLMAN Chief executive officer Fort Dodge Community Foundation and United Way

Fighting hunger right here in Fort Dodge Most of us have seen the television ing school truancy and an array of ads about fighting hunger in various behavior problems including fightpoverty stricken nations around the world. It is a tragic problem. Yet, we often don’t realize that hunger exists “Our focus is to connect those who everywhere right here in America. It doesn’t matter if care with those who are in need.” you live in an urban, suburban or rural setting — hunger has no boundaries. In the United States, more than one out of five children live in a household with ing, hyperactivity, aggression, anxifood insecurity, which means they ety and depression. do not always know where they will n Are more likely to fall behind in find their next meal. According to the their academic development comUnited States Department of pared to other children. In particular, Agriculture, in 2012, 15.9 million studies have revealed that reading children under 18 in the United and mathematical skills of food inseStates live in this condition — unable cure children develop significantly to consistently access nutritious and more slowly than other children. adequate amounts of food necessary For Iowa — and more specifically for a healthy life. Webster County — the percentage of Nutrition experts agree that good children that are food insecure is nutrition and having enough food to close to 17 percent, according to eat, is important in establishing a research on hunger in America. This good foundation that has implicameans that 1 in 6 children in Iowa are tions for a child’s future physical and not getting enough food to eat. Right mental health, academic achievehere in Fort Dodge, the “bread basment, and economic productivity. ket of the world” we have more than Unfortunately, food insecurity is an 1,000 children who aren’t getting the obstacle that threatens that critical nutrition they need to thrive. In fact, foundation. we have children who go to bed at Studies have found that food insenight hungry and wake up hungry in curity has been associated with the morning with no food in their health problems for children that home. may hinder their ability to function This is unacceptable, and by worknormally and participate fully in ing together, the Fort Dodge school and other activities. Research Community Foundation and United has shown that children who are Way is hoping to change this very food insecure: disappointing statistic in our comn Are more likely to become ill munity. If we want to help our and require hospitalization. youths achieve in school and reach n Are at a higher risk for chronic their full potential developmentally, health conditions. this is an issue we must address. n Are at a risk for behavioral Food insecure youth in our commuissues and social difficulties includnity is an immediate challenge that 26 • FORT DODGE BUSINESS REVIEW • February 2014

has long-term consequences. The Fort Dodge Community Foundation and United Way is proactively working with our schools, our local food pantries and other agencies to help address this important community issue. United Way funds are now being raised and granted to various organizations and programs in our community that are working diligently to help children who are living in food insecure homes. We are working with our local food pantries, our schools, the Back Pack Buddies program, and other programs to help address this issue. All of us want Fort Dodge to be a vital community; a place where citizens have an ingrained sense of connectedness, resourcefulness, resiliency and concern for the welfare of their youths. Vital communities utilize the talents and resources of their local citizens to invest in the wellbeing of their youths and neighbors who are less fortunate. We believe Fort Dodge has these qualities. Our focus is to connect those who care with those who are in need by raising funds and using these resources in the most efficient and effective to way to make a real difference. Citizens who understand this challenge and want to help by making a charitable donation to fight hunger in our community can contact the Fort Dodge Community Foundation and United Way at 5733179 or can send us a donation at 24 North Ninth St., Suite B, Fort Dodge, Iowa 50501. Your tax deductible donation can truly touch the life of a child in need. Who knows — it might be a child that is living right in your neighborhood.

iowa central insights by JESSICA KAVANAUGH Specialist, career services Iowa Central Community College Iowa Central Community College is hosting two career fairs for Iowa Central students and for anyone interested in interacting with employers attempting to fill open positions. The annual event continues to grow each year with added employers and positions. This will be the first year we will be having a separate event for the health care industry to accommodate more employers. The first career fair will be held on March 7 from 10:30 a.m. to 12:30 p.m. at the Iowa Central Bioscience and Health Sciences Building on the Fort Dodge campus. This fair

will focus on jobs available in the health care industry. The business and industry career fair will be held from 10 a.m. to 1 p.m. March 26 in the Hodges Fieldhouse on the Fort Dodge campus. Students and community members seeking employment should dress in business attire and bring multiple copies of their resumes. The Career Services office will offer assistance with resume development and networking skills any time prior to the Career Fair. My office is located in the Applied Science and Technology Building, Room 118. The Career

100 years


Services office also offers tips for interviewing and searching for jobs. If you have any questions, you can call Jessica Kavanaugh at 5741075. Booth space is still available for both events. If your business wishes to participate in either event you can register online at services. Career fairs are great places to search for available jobs but also provide valuable networking opportunities to learn about the different types of jobs the region has to offer. We hope to see you there.


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Local Stock Index Source: Edward Jones

29.43 46.38 57.85 44.23 72.89


Source: Edward Jones Rates average of those reported by Fort Dodge financial institutions









4.25 3.375

Closing Prices as of 2.5.14

4.525 3.60

4% 4.468 3.593


4.187 3.375

79.43 30.66 34.35 44.93 55.08

15 Year Fixed

4.325 3.50


Airline Boardings


Current Year




Previous Year

Source: Fort Dodge Regional Airport


$40 J











Like us on Facebook at “Iowa Central Community College”







400 200



125 313


238 357



224 320



408 297



299 288

600 229 382



30 Year Fixed


4.718 3.731


BAC 16.39 JCP 5.22 MCD 93.59 MLM 106.44 NSRGY 72.17

Mortgage Interest Rates



CERTIFIED PUBLIC ACCOUNTANTS Tax, Accounting & Financial Planning

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515-576-7201 or 800-362-2793

Duana Howard, CPA; Laurie Kersten, CPA; Tom O’Brien, CPA and Peg Trevino, CPA, PFS

More than just a tax return! 101 North 27th Street • Fort Dodge 515-576-0706 &


Auto & Truck Sales Cars


General Electric Co (GE)

Source: Webster County Motor Vehicle Dept.


Price Per Share as of the 1st of the month Source: Edward Jones









96 38

25 60 30


54 28


71 31


82 37


90 40




























Building Permits

3M Company (MMM) Price Per Share as of the 1st of the month Source: Edward Jones

Source: Fort Dodge Planning Office







40 56








110 J









107.84 104.45










137.63 127.36

126.12 126.83









1 Year CD & 10 Year U.S. Treasury 1 Year CD


10 Year US Treasury Source: Edward Jones


.380 2.494

.350 2.8

.325 2.573

.340 2.601









.32 2.587

.3375 2.588


.308 2.905

.40 2.047


.350 2.813

.3166 1.695


.35 1.643


.410 1.846





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Business Review February 2014  

February 2014 issue of the Fort Dodge Business Review

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