IADG recognizes Concrete Machinery

PATON — The Iowa Area Development Group, on behalf of Iowa’s rural electric cooperatives, municipal utilities and independent telecommunication companies, honored seven Iowa companies with the Iowa Venture Award at a luncheon held in conjunction with the Iowa Association of Electric Cooperatives’ annual meeting at the Sheraton West Des Moines. Concrete Machinery Inc. of Iowa in Paton was one of the honorees.

This area company was recognized for its new 185,000-square-foot facility located on a 42-acre site in Paton. Concrete Manufacturing already employs 40 people and expects to reach 60 soon. The company will ultimately produce more than 17 pieces of cement road construction equipment, including road mills, slip form pavers, compactors, and portable and stationary mixing equipment. Many pieces of equipment weigh as much as 14 tons, and can cost upward of $1 million per unit.