2019-2024 Economic Development Strategic Plan

(including potential for commercial air service), and access to 2- and 4-year educational programs locally and generally (statewide). *Fiber and filament manufacturing is an outlier included because of the successful marketing of new clothing lines featuring proprietary fibers, including casein (milk) and hemp for clothing often made in the U.S.A. Proximity to soybean crops may create an opportunity ** Primary influence for this industry selection is availability of Spencer Municipal Airport and an existing industry cluster These industry segments were primarily selected based on proximity to like industries and proximity to supply chains, available industrial land, as well as factors such as relative cost of utilities (including electricity). These industry segments were primarily selected based on proximity to manufacturing and other transportation dependent industries, available industrial land for large facilities, and separation from four-lane highways. *A primary factor influencing these targets is the availability of Spencer Municipal Airport and surrounding, developable lands. These industry segments were chosen based on proximity to 4-year institutions like Iowa technology in all products and services, plus the opportunity to establish a cluster in Spencer and the importance jobs in these fields have in attracting returning, younger residents. State University, the emergence of smart

3332 – Industrial Machinery Manufacturing 3329 – Other Fabricated Metal Manufacturing 334512 – Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use 334513 – Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables 334511 – Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing 325220 – Artificial and Synthetic Fibers and Filaments Manufacturing (incl. soybean fibers and filaments manufacturing)* 3369 – Other Transportation Equipment Manufacturing 3339 – Other General Purposes Machinery Manufacturing 336411 – Aerospace Product and Parts Manufacturing (conversion, overhaul, restoration, rebuild, target drones)** 311 – Food Manufacturing (selected processing) 3118 – Bakeries and Tortilla Manufacturing 3119 – Other Food Manufacturing 112511 – Finfish Farming and Hatcheries (Aquaculture)

Food Manufacturing

Transportation and Warehousing

4811 – Scheduled Air Transportation* 4931 – Warehousing and Storage 4841 – General Freight Trucking 4842 – Specialized Freight Trucking 488190 – Other Support Activities for Air Transportation*

Entrepreneurial Technology & Science Related Business

5427 – Scientific Research and Development 54138 – Testing Laboratories 541511 – Custom Computer Programming Services (development, writing, testing and publication of applications, software design, programs and etc.)

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