Gov. Terry Branstad confirmed an announcement from officials of Nadicom, North American Ductile Iron Co., to locate its first North American ductile iron castings foundry in Iowa City, according to an Iowa City Area Development press release.
"In the spirit of today’s conference and embracing the dedication the state has shown in growing our economy through renewable energy, I am pleased to announce that Nadicom, the North American Ductile Iron Foundry, has selected our state, specifically Iowa City, to build its first North American manufacturing facility," said Branstad at the Iowa Wind Energy Association’s annual conference in Des Moines.
The facility will cost $85 million and will employ 175 people, according to the press release.
— by Allie Wright