New Foundry With Md. Ties To Bring 175 Jobs To Iowa City
IOWA CITY, Iowa (AP) — A Maryland-based company is making plans to employ 175 people at a new iron castings foundry in Iowa City.
The plans were to be announced Wednesday at the Iowa Wind Energy Association conference.
A news release from the Iowa Department of Economic Development says Nadicom, or North American Ductile Iron Co., of Fulton, Md., will initially focus on the wind turbine market.
Nadicom CEO Prasad Karunakaran says the Iowa City site provides a central location that has rail and other logistical services and access to a world-class workforce.
The company hopes to begin operations by 2013. The $85 million project is subject to state and city review.
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