Newton Development Corporation

Business in Newton

 Work:

Total Potential Labor Force:  384,974 (entire Laborshed Area)

Occupation breakdown
Manufacturing – 14.5%
Education – 12.5%
Wholesale & Retail Trade – 12.9%

Finance, Insurance & Real Estate – 11%
Healthcare & Social Services – 12.5%
Professional Services – 8.6%
Public Administration & Government 10.6%

 

For more information on Jasper County's labor force  click the Jasper County Laborshed Report Summary , Jasper County Laborshed Detail Report,  or Jasper County Laborshed Wages.


As a commercial and retail hub for communities throughout east central Iowa, Newton draws on a highly skilled and educated workforce, with more than half having some education beyond high school. This trained workforce owns skills in a wide variety of industries.

Newton is also a community serious about economic development. Since 2004, more than $100 million has been invested in urban renewal projects, commercial development, and the new Iowa Speedway – all of which translate to community growth and vitality.

Entrepreneurship has always been a cornerstone of the community. Newton has a long tradition as a home for successful entrepreneurs in manufacturing, advertising specialties, printing, distribution, and warehousing. Emerging industries have led to recent entrepreneurs finding success in artisan foods and wine, technology companies, and engineering and prototyping.

Local employers are supported by a progressive city government that is responsive to business needs through tax abatement and tax increment financing and revolving loan funds. Available building sites also open potential to further economic development, which is supported by organizations such as Newton Development Corporation, Chamber of Commerce, and Jasper Community Foundation.

 

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Major Employers
Skiff Medical Center Hospital 299
Windstream Communication Telephone & Internet Communication 134
Vernon Company Specialty Advertising 179 (Newton) 700 (Worldwide)
TPI Iowa Wind Turbine Blade Manufacturer 1100
Hy-Vee Food Stores Retail Food 317
Progress Industries Rehabilitation Center 194 (Jasper County) 295 (Total)
Wal-Mart Retail 263
Rock Communications Commercial Printing 200 (Newton) 400 (Total)
Aureon Information Technology 90
Thombert, Inc. Advanced Manufacturing 125
Trinity Structural Towers Wind Tower Manufacturer 250
Newton Clinic Health Care   70
Cline Tool Advanced Manufacturer   74 (Newton) 92 (Total in US)
Directech (formerly Hanson Directory) Directory Publishing   81
Newton Community Schools Education 470
Graphic Packaging, Inc. Manufacturing/Packaging printing 100

 

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