Siouxland Business Journal - February 2018

Vol. 23 No. 4 PO Box 118, Sioux City, Iowa 51102

February 2018

TRANSPORTATION ISSUE

Soaring higher Sioux Gateway posts traffic gains

INSIDE THIS MONTH’S ISSUE: Investor buys former Gateway campus PAGE 4

Hwy 20 widening heads to finish line PAGE 9

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Siouxland Business Journal, February 2018

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Congratulations to WestroCk for expanding Business operations in siouxland!

L&L Builders feels fortunate to have helped with Westrock’s recent production expansion in Bridgeport, and now readies the conversion of the Westrock’s Triview facility to warehousing operations.

“The building expansion WestRock just completed in Sioux City was our largest undertaking of the year. We could not have done it without the help of our dedicated contractors in the SiouxLand community. In particular L & L Builders was willing to tackle the tough jobs and make it look easy. Their dedicated resources made all the difference.”

Best Regard, Jeff Turner, Area Vice President.

General ContraCtors ConstruCtion ManaGers

712-255-0657 www.llbuilders.com

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Siouxland Business Journal, February 2018

BusinessJournal Ron Peterson, publisher Dave Dreeszen, editor Siouxland Business Journal is published monthly by Sioux City Newspapers Inc., in cooperation with the Siouxland Chamber of Commerce.

Requests for a free subscription or address changes should be sent to: Kevin McGarry Siouxland Business Journal Box 118 Sioux City, Iowa 51102

Editorial copy should be sent to: Dave Dreeszen Siouxland Business Journal editor Box 118 Sioux City, Iowa 51102 dave.dreeszen@lee.net For more information: Editorial: (712) 293-4211 or 800-397-9820, ext. 4211 Advertising: (712) 224-6279 or 800-728-8588 Circulation: (712) 293-4258 or 800-397-2213, ext. 4257 On the web: www.SiouxlandBusinessJournal.com

Index Business People ...............................................page 12

Home & Office ...................................................page 11

Chamber anniversaries ...................................page 15

On the move .......................................................page 6

Chamber investors...........................................page 15

Ribbon cuttings .......................................... page 10, 13

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An American Eagle flight takes off from Sioux Gateway Airport in Sioux City.

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Siouxland Business Journal, February 2018

Conquer Snow

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Former Gateway campus sold for $5.75M After closing, new owner strikes deal with Connelly TY RUSHING

Business Journal staff writer‌

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Gerard Keating gestures towards a graphic of the Gateway campus during a press conference Jan. 11 in the Mexico Building on the campus of the former computer maker in North Sioux City. In addition to confirming his purchase of the former home of Gateway, Keating immediately the Argentina building on the campus to Sioux City developer Bart Connelly.

NORTH SIOUX CITY | A Florida-based investor with ties to Siouxland paid $5.75 million for the former Gateway campus in North Sioux City.

Gerald Keating, who announced in December he had struck a deal to buy the iconic black-and-white spotted buildings from Taiwan-based Acer Inc., finalized the sale Jan. 10. Upon the closing, Keating said he sold the 225,000-squarefoot Argentina building to Sioux City developer Bart Connelly. The building covers 11 acres on the south end of the campus.

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Keating said he also has a pending long-term lease for 101,000-square-feet of former tech space in the Mexico Building to an unidentified tenant. Counting existing tenants, that would raise to 61 percent the occupancy in the remaining 521,000 square feet of space Keating owns.

Covering a total of 750,000 square feet, the linked structures are considered the largest building in South Dakota, Keating said.

The price he paid for the property, which covers 77 acres, is just a fraction of its original value. Built in phases from 1989 to 1997, the machine shed-like buildings cost an estimated $70 million.

Gateway, founded by Ted Waitt and the late Mike Hammond on the Waitt family cattle farm in Sioux City in 1985, moved across the Big Sioux River to

Siouxland Business Journal, February 2018 5

A portion of the iconic cow-spotted Gateway computer campus is shown Jan 11 in North Sioux City, South Dakota.

Investor Gerard Keating bought the 750,000 square-foot building, the largest in South Dakota, from Taiwan-based Acer Inc. for $5.75 million. Immediately afterwards, Keating flipped the Argentina building on the campus to Sioux City developer Bart Connelly.

Tim Hynds Sioux City Journal

North Sioux City in 1990.

The quirky startup, which grew into one of the world’s largest makers of personal computers, employed nearly 6,000 in North Sioux City at its peak in the late 1990s. After falling on hard times, the publicly-traded

company was sold to Acer in 2007.

Keating said the North Sioux City buildings, which once housed Gateway’s headquarters, sales offices and production facilities, will be repainted this summer with the iconic spots of

a Holstein cow. The campus will be branded Gateway Business Center, located within the Gateway Business Park, developed by Berkshire Hathaway-owned MidAmerican Energy.

Keating said he will leave Ted Waitt’s executive office

vacant with the hope Waitt or one of his companies “may return to perform magic one more time.”

A total of 200,000 square feet is available for lease, in increments of 20,000 square feet, he said. The new owners also could construct an

additional 500,000 square feet on 28 adjacent acres.

Keating is CEO of Keating Resources, which has offices in Naples, Florida, and Atkinson, Nebraska, where Keating grew up and maintains family ties. Keating Resources invests in commercial and industrial properties throughout the United States.

In a release, Keating said his decision to purchase the former Gateway property “was made easier based on the outstanding work ethic of residents of the Sioux City metro, along with the entrepreneurial pro-growth tax policies of South Dakota.”

Over the years, Connelly has led a plethora of development projects, from restoring historic buildings on Sioux City’s Historic Fourth Street to, more recently, constructing commercial buildings in Dakota Dunes and Sioux City’s Sunnybrook retail development

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Siouxland Business Journal, February 2018

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Doty new CEO of Keller Williams SIOUX CITY – Dane Doty has joined Keller Williams Siouxland as the new market center CEO and team leader.

D o t y has been a leader in Siouxland with such companies as Gateway, Wells Enterprises, Sabre Doty Industries and Convergys over the last 23 years.

Doty fills the role left by Amy Kakacek, who will continue to be in a leadership role as productivity coach for Keller Williams. Kakacek is a licensed Realtor.

Goosmann firm adds 3 attorneys SIOUX CITY – Goosmann Law Firm announced it has expanded its attorney team in all three locations – Sioux City, Sioux Falls and Omaha.

The firm recently we l co m e d B re n t W. Wa r r e n , K e l s e y Heino and Warren Sam Ferguson.

Wa r re n fo c u se s h i s

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Tennessee College of Law. He is licensed to practice in South Dakota.

Morningside adds 2 counselors Heino

Ferguson

practice on business law, commercial law, contracts, corporate law, mergers & acquisitions, and transactional law. Warren, originally from Cedar Rapids, Iowa, received his undergraduate degree at Azusa Pacific University and Juris Doctor from Creighton University School of Law where he was a Dean’s List Scholar, Team Marketing & Sales Member, and a Moot Court Finalist. He is licensed to practice in Iowa.

Originally from Carroll, Iowa, Heino received her undergraduate degree from Iowa State University and Juris Doctor from the University of Nebraska College of Law. Heino is licensed to practice in Nebraska.

Ferguson is an estate planning attorney through Goosmann Trust Law Counsel, a boutique estate and business succession planning department within the full-service law firm. Ferguson, originally from Tennessee, received his undergraduate degree from Missouri State University and Juris Doctor from the University of

SIOUX CITY – Morningside College has announced two new fulltime admissions counselors.

Valarie Hernandez and Liz Pyburn will work with prospective students and their families within an assigned territory.

Hernandez is the Hernandez admissions counselor for portions of Nebraska, including Lincoln, and t h e s ta te of Kansas.

Pyburn She earned a bachelor’s degree from Morningside in May. Pyburn is the admissions counselor for portions of Nebraska and the states of Montana, Idaho, Oregon and Washington.

She previously owned and operated Milk Run Donut Cafe in Steamboat Springs, Colorado. She earned a bachelor’s degree from Morningside in 2010.

Whipple joins Primebank staff SIOUX CITY — Primebank announced the addition of Jen Whipple to its Sioux City staff.

Whipple brings extensive banking experience, with expertise in a variety of banking f u n c t i o n s, to P r i m e bank. As a residential and consumer lende r, W h i p ple will be Whipple working with home buyers to help them find the right loan to finance their new home purchase and refinance existing home loans. Additionally, she will work with consumers to finance their larger purchases.

KTIV promotes Bridget Breen SIOUX CITY – Bridget Breen was promoted to general manager of KTIV Television effective Jan. 1.

She previously served as station Breen m a n a g e r.

She takes over the general management responsibilities from Jerry Watson,

who has served as general manager since 2004 and continues as a regional vice president for Quincy Media Inc., which owns KTIV. Breen first joined KTIV full time in 1994 as the station’s morning associate producer and in the early years of her career at KTIV she also served as an editor, photographer, reporter, anchor, news producer and assignment editor. In 2000, Breen was named the station’s news director, promoted to director of news and operations in 2009, and station manager in 2012.

She is a graduate of Sioux City Bishop Heelan and Iowa Lakes Community College.

2 join Bank Iowa executive team DES MOINES – Bank Iowa announced the addition of two executives to its team.

Bob Gagne joins the bank – Iowa’s second largest fami ly- ow n e d financial institution – as executive vice presid e n t a n d Gagne chief lending officer. Mark Phillips takes on the role of cash management services

manager.

Although they will both be based out of Des Moines, they will a l s o wo rk Phillips c l ose ly with the bank’s Schleswig branch in Crawford County.

Dittman marks 40 years at SCB SERGEANT BLUFF – Sioux City Brick mechanic Nick Dittman recently celebrated his 40th anniversary with the company.

The 63-year-old South Sioux City resident has spent four decades keeping the Sergeant Bluff-based plant’s forklifts, fleet of vehicles and heavy Dittman equipment running.

“Nick worked on some of our very early forklifts, the old three-wheel Hyster lifts, and he kept them running and doing the job at the plant, which allowed us to focus spending on other important improvements,” said Sioux City Brick CEO Mark Mahoney. “Nick is a great mechanic.”

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Siouxland Business Journal, February 2018

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Uptick in SUX traffic Airport posts 2017 gains as American adds Dallas flight

“We all want the same thing: They want people on their planes; we want our customers ... to be able to get in and out easily and at an affordable price.”

TY RUSHING

Business Journal staff writer‌

SIOUX CITY — Commercial traffic soared to higher heights at Sioux Gateway Airport last year.

Nearly 85,000 passengers came through the Sioux City airport in 2017, a 16 percent increase over the 73,003 passengers in 2016.

For perspective, last year’s total is slightly more than Sioux City’s population of 82,872, according to the latest Census data.

“I would say we had a successf u l ye a r,” said Barbara SloniSloniker ker, the executive vice president of the Siouxland Chamber of Commerce.

Perhaps the largest reason for the increase in travelers was additional flights offered by American Airlines.

Multiple times throughout the year, American added a second direct flight to its hub at the Dallas-Fort Worth International Airport, one of the world’s busiest airports.

This was in addition to the two nonstop direct flights the airline offers to Chicago’s O’Hare International Airport, an even busier airport than DFW. Sloniker said she and other officials have worked directly with American to increase enplanements — the number of people who

BARBARA SLONIKER,

the executive vice president of the Siouxland Chamber of Commerce

Justin Wan photos, Sioux City Journal

An American Eagle flight arrives at Sioux Gateway Airport in Sioux City from Dallas. The airport soar an uptick in passengers last year and of the reasons was additional flight to the Dallas offered by American Airlines during the holiday season.

Nearly 85,000 passengers visited Sioux Gateway Airport in 2017, a 16 percent increase over 2016.

board a flight — and to keep fares at a competitive rate with other nearby airports such as Omaha’s Eppley “We all want the same thing: They want people on their planes; we want our

customers, clients and such, residents to be able to get in and out easily and at an affordable price,” she said.

“So while working together, that helps us.”

Regularly, local airport

Passengers collect bags at Sioux Gateway Airport in Sioux City. Almost 85,000 passengers came through the airport in 2017, a 16 percent increase from the previous year.

officials meet face-to-face with American representatives either in Dallas or at conferences and via other means, so Sloniker said it helps them gauge how

things are going with the flights.

“Feedback we’ve gotten is that those flights performed pretty well, so I think that’s a positive sign

for us,” Sloniker said. “...

At this time, they haven’t committed those resources to add a second flight, but, yes, it’s something we have a discussion with them about all the time.”

S l o n i ke r t h i n ks t h e numbers show that Sioux Gateway would be able to support a second flight to Dallas on a full-time basis. She noted between the initial flight, which started in 2016, and the continued success with the Chicago flights the market has grown.

“Now customers have options when they come to the Sioux Gateway Airport — we only have the one airline, but you can either go through Dallas or Chicago and it makes a big difference versus having only one hub service,” she said.

Sloniker noted the key to getting more flights and possibly another hub in the western U.S. someday still rests in the hands of locals booking at Sioux Gateway.

“My requests to people is take advantage of the service we have locally,” she said. “Try Sioux Gateway Airport first just to see if it works because I think you’ll be surprised at how often it will.”

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Siouxland Business Journal, February 2018 9

Hwy. 20 completion in sight Four-lane road from Moville to Early set to open before Nov. 1 BRET HAYWORTH

Business Journal staff writer‌

CORRECTIONVILLE, Iowa | Miles of pavement has been laid and and bridge decks have been poured.

All that construction activity is lining up toward a major goal of the Iowa Department of Transportation – and raptly watched

by Siouxlanders – to complete a huge modernization of U.S. Highway 20 in Woodbury, Ida and Sac counties within the next 12 months.

The massive task of widening the final miles of highway from two to four lanes is on pace for completion prior to the previously announced date of Nov. 1.

“Everything is on schedule,” state DOT Traffic Planner Dakin Schultz said in an interview last fall.

Throughout 2017, more pieces of the highway were completed, so people have been able to drive on some new sections in two-way traffic, while also closely watching work proceeding on two other adjacent lanes. One example came in June, when a four-mile section opened east of Correctionville to Cushing.

As work continues, another piece of good news came Nov. 17, when the only remaining detour along Highway 20 ended.

The detour from Galva to Early began a year earlier, with plans for it to last two years until the whole highway project was done.

That detour added about six miles and 10 minutes to the travel time for drivers.

Schultz said the detour will

only return in the spring if the contractor elects to bring it back.

Another major milestone came in December when all four lanes opened from Correctionville, west for three miles to Minnesota Avenue, which leads to Pierson, Iowa.

Valerie Snmutzer, of Kingsley, Iowa, said she has avoided the highway during the construction, saying it’s a “hassle” to drive.

“I am always glad when construction is done,” Smutzer said.

Forty miles of Highway 20 are being moved from two to four lanes from Moville to Early, under a project announced by IDOT in June 2015, with an initially-announced price tag of $286 million. That boost to the long-sought modernization came within weeks of the state gasoline tax being bumped up by 10 cents per gallon, delivering much more revenue to the state agency.

Schultz told the Journal in April that costs were running much below the $286 million estimate set

by IDOT two years ago.

Schultz said after contracts were set following the bidding process, the projected cost is $215 million, a roughly 25-percent reduction from the earlier estimate.

H ighway 20 crosses the entire state, covering roughly 300 miles from Sioux City to Dubuque.

The push to turn the eastwest road into a four-lane expressway is nearly 60 years in the making.

The first portion to be widened to four lanes was

Jim Lee photos, Sioux City Journal

Traffic flows on a four-lane Highway 20 near Correctionville, Iowa, on Nov. 4. The final phases of widening the highway from two to four lanes between Moville and Early is on track for completion prior to Nov. 1, 2018.

A backhoe loads dirt into a dump truck along Highway 20 west of Correctionville, Iowa, on Nov. 4.

between Moville and Sioux City. That occurred in 1958, with a few miles near Dubuque following in 1959.

After that, eastern and central parts were converted to four lanes, long before the remaining segments in western Iowa were finally addressed.

Said Smutzer, age 31,

“For people older than me, (highway officials) have been working on it for as long as they can remember. It has been a lifetime project.”

The construction activities on Highway 20 never completely ended over the 2016-17 winter.

Work won’t shut down

this winter, either, it will just be reduced. Schultz said tasks will continue on bridge decks at the Boyer River and over two creeks.

“As long as the ground is not frozen, the contractors can continue to haul dirt,” Schultz said.

In 2017, east of Correctionville, to Holstein, new eastbound lanes were paved and westbound lanes were graded. Also in Ida County, from Holstein to Galva, the westbound lanes were paved, eastbound lanes were graded and two bridges over the Maple River were built. In Sac County, toward Early, westbound lanes were graded and paved this year.

Schultz said the project made much headway due to the concerted work by contractors, who often seized the option of working weekend days and well into evenings. He said

contractors marshaled their resources of personnel and machinery, and “made the project a priority.”

Northwest Iowa people have sought the project to boost the prospects of area businesses. Others want the safety of a modern Highway 20, so ambulances can drive more safely without being jostled by a pock-marked two-lane.

By the time the work is finished is done, 12 million cubic yards of dirt will be hauled away.

In 2018, the project will wrap with a final flourish of grading and paving. A big piece of that will include eastbound lanes in Ida and Sac counties.

Smutzer pointed to pleasure when U.S. Highway 20 is done, since she likes that the speed limit will rise from 55 mph to 65 mph.

“That will be nice,” she said.

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Siouxland Business Journal, February 2018

RibbonCuttings

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Photos courtesy of the Siouxland Chamber of Commerce

Ground was formally broken recently on P’s Pizza House’s new location in Dakota Dunes at the new Gold Circle Development. Pictured taking part in the groundbreaking include Bart Connelly, Chris Bogengrief, Shane Keizer, Shawn Keizer, Bobbie Sitzmann, and P’s Pizza House owner Joe Sitzmann. With locations already in Le Mars and Orange City, Iowa, the new restaurant will include a 60 seat event room, mezzanine seating and event space, golf simulator lounge, and the latest A/V technology for sports fans.

A ribbon-cutting ceremony kicked off the inaugural season of Cone Park in Sioux City. Cone Park Board Co-chairs Craig Berenstein and Virginia Anderson cut the ribbon surrounded

by Sioux City Parks and Recreation Director Matt Salvatore; former City Council Member Keith Radig; and current Council Members Rhonda Capron, Dan Moore, Pete Groetken, and Alex Waters. The all-seasons park in Morningside features a tubing hill with snow making equipment, a refrigerated ice skating rink, an outdoor fire pit, and a lodge for warming, rentals, and concessions. The lodge will be used as a rental facility during non-winter months and the rink will be converted to a free public splash pad in the summer.

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Siouxland Business Journal, February 2018 11

Stay mentally fit this winter 5

T

he holidays are over, the weather is cold, and feeling happy may be a challenge. We all experience times in our lives when we feel down or stressed, but what can do to stay on track for better mental health.

Diet and exercise: If you’re eating healthy and being active, you will tend to have lower stress levels overall. Exercise burns off negative energy and is a proven mood lifter. And the right food in moderation helps you avoid feeling weighed down.

Get enough sleep: When you are tired it is more difficult to think positively.

Daily “me time”: Take time, even just 10 minutes, to meditate, read a book, walk, find something to enjoy.

See the bigger picture: Ask yourself if this is a big deal or not.

Stop, pause and breathe:

If you know someone who is dealing with some depression, what do you say? You’re not a doctor, and you certainly can’t diagnose. But you can offer DEB some encouragement, say TWYFORD mental health experts: 1. Be understanding: “I know you are suffering.

Slow down, take deep I know you are in pain.” breaths, deep breathing is “Have you thought about good for your health.

Contact a friend: Every- talking things over with body has a cell phone. Call your doctor?”

2. Be supportive: “It’s someone who can listen to okay to take your mediyou a few minutes.

Remember to HALT: Take cine.”

3. Maintain as normal a care of four things: – make relationship as possible: sure you are not Hungry, “How about lunch? My Angry, Lonely, or Tired. treat.”

Bundle up and get out4. Pay genuine complidoors to enjoy some sunments: “Great new haircut.” light: Seasonal Affective 5. Show respect: “Nice Disorder (SAD), which can work on that report.” result from fewer hours of Treatment works, but it sunlight during the winter won’t work if people are months, can contribute to feelings of depression. Get not encouraged to see their the sled out, go cross coun- doctor in the first place.

Seeking treatment is a sign try skiing, make a snowof strength. It’s the first man, feel like a kid again.

BusinessPeople Sterk named one of 20 Women to Watch

Home & Office

step toward feeling better. Yet all the medicine in the world won’t be enough without support from those around you.

Know what to say and when to say it. Be present to help someone put depression in their past.

Source: health-e-headlines If you or a loved one are dealing with too much stress or depression please seek help. Many companies provide Employee Assistant Plan (EAP) for their employees who may be dealing with stress or depression.

Have a happy and healthy winter.

Deb Twyford is an RN, Certified Wellness Coach, Tobacco Cessation Facilitator and Worksite Wellness Coordinator at Mercy Business Health Services. Contact her at 712274-4334 or Twyfordd@ mercyhealth.com

SEE MORE BRIEFS ON PAGE 12

her award at the InvestmentNews Women to Watch Luncheon on March DAKOTA DUNES – Mary 13 at The Pierre in New Sterk, Certified Financial York.

Planner and president of Sterk Finan- Lane named to Million cial Services, Dollar Round Table has been named one SIOUX CITY – James M. of Invest- “Jim” Lane, an agent for mentNews’ New York Life in Sioux City, 20 Women has earned membership in to Watch in the Million Dollar Round Sterk 2017.

Table (MDRT) for 2017.

Sterk was chosen through Achieving membership in a rigorous selection process MDRT is a distinguishing designed to identify women life insurance career milewho are distinguished lead- stone, attained only by those ers, demonstrate a willing- who have demonstrated suness to share their experi- perior professional knowlences with others and give edge, experience and client back to the industry. service. MDRT memberSterk will publicly receive ship represents the top life

insurance and financial service professionals worldwide. MDRT is an international, independent association of the world’s best life insurance and financial services professionals.

Lane, a lifelong Sioux City resident, has been a New York Life agent since 1982, and is associated with New York Life’s Great Plains General Office in Sioux Falls.

Siouxland Home Show Thursday & Friday, March 1 & 2, Noon – 8PM Sat, March 3 - 11 - 8PM Sun., March 4 - 11 - 4PM Sioux City Convention Center

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Siouxland Business Journal, February 2018

BusinessPeople

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Vogels named to Business Hall of Fame ORANGE CITY, Iowa — Two members of the Orange City-based Vogel family were recently elected into the Iowa Business Hall of Fame.

Frank Vogel, a 90-yearold former executive at Diamond Vogel Paint Co., and

Frank Vogel

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Drew Vogel

his son, Drew, who currently serves as the company’s board chairman and CEO, were both inducted

Dec. 6 during a ceremony in Altoona, Iowa.

The Iowa Business Hall of Fame honors the achievements of Iowans who have made outstanding contributions to the development and enhancement of Iowa’s business climate, according to the Greater Des Moines Committee, which oversees the effort.

This latest honor caps off what has been a recent string of celebrations for

l ea d e rs h i p team.

The 20172018 off i c e rs a re as follows: President Stacie An- Anderson derson; VP Reddy Toastmasters of Education - Michelle Holmes; VP of PR - Lori announces leaders McClaren; VP of MemberSOUTH SIOUX CITY ship - Megan Most; Secre– Reddy Toastmasters tary - Lisa Ferris; Treasurer announced its 2017-18 - Krista Biernbaum; and the Vogels and their family’s company. Last year, the company celebrated its 90th anniversary and this year it completed a 91,000-square-foot expansion to its powder coating facility in Orange City.

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Bonstead promoted at Sioux City Foundry SIOUX CITY – Sioux City Foundry promoted Kyle Bonstead to division manager of its Steel Service Center.

Bonstead has been with Sioux City Foundry Co. since August 2011 starting in

Sergeant of Arms - Mahamud Osman.

Reddy Toastmasters meets every Thursday at noon at Northeast Community College at the College Center, 1001 College Way, South Sioux City, in room 133.

Guests are always welcome.

Fo r m o re i n fo r m a tion about the club, visit http://5295.toastmastersclubs.org, or search Siouxland Toastmasters on Facebook.

SEE MORE BRIEFS ON PAGE 6

Inside Sales serving South Dako ta c u s tomers.

Bonstead advanced to estima- Bonstead tor/detailer in June 2015 and most recently assistant warehouse manager of the Steel Service Center division.

Telco Triad makes staff changes SIOUX CITY – Telco Triad Community Credit Union announced the following staffing changes.

Lorna Kohn has been hired as the director of marketing. She comes to Telco Triad from Briar Cliff University, where she served

as the marketing and events coo rd i n a to r.

She holds a ba c h e l o r ’s d e g re e i n mass com- Kohn munication and graphic design and a master’s degree in management from Briar Cliff.

Wilson Martinez is taking over as the branch manager for the Denison, Iowa, location. Martinez brings a widevariety of knowledge a n d o v e r Martinez two decades of experience in the credit union industry.

Jennifer Pottorff has recently been promoted from teller to share draft specialist. Pottorff She has been employed with Telco Triad for eight years.

Missy Mohr has been promoted to branch teller supervisor at the Riverside location in Sioux City.

For the past six years, she has served as a teller for Telco Triad.

Mohr holds a bachelor’s Mohr degree in elementary education from Briar Cliff University.

www.siouxlandbusinessjournal.com

RibbonCuttings

Siouxland Business Journal, February 2018 13

Photos courtesy of the Siouxland Chamber of Commerce

New Siouxland Chamber member Crash! Boom! Bang! Whiskey Hole was welcomed with a recent ribbon-cutting. Pictured are Dan Lauer, Becky Evans, Rick Swanson (owner) and Erika Gordon and Mac Dolan (owner). Crash Boom Bang specializes in whiskey drinks, has a fullservice bar and is known for its Bloody Mary bar on Sundays.

Colt Ludwig of Level Spine Chiropractic was officially welcomed to the Siouxland Chamber with a recent ribbon cutting. Attendees learned about the benefits from the newest in chiropractic treatments and techniques for people of all ages from babies to the elderly.

Rodney HugHes Vice President

Phone.. 712.277.2103 Fax.........712.277.2063 1432 Leech Ave. Sioux City, IA 51101 Email: rodneyh@boonebrothers.com

Boone Bros. roofing

“Your Commercial & Industrial Roofing Experts”

MAGIC CARPET & DRAPERY

Magic Carpet & Drapery 19 & Pierce St. • Sioux City, IA • 712-277-2565 th

Mon 9:00-6:30 • Tues-Fri 9:00-5:30 • Sat 9:00-3:00

Your Card Here

Call Kaylee Betterton to have your business card featured here. 712-224-6279

14

Siouxland Business Journal, February 2018

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Congratulations Mary!

2017 Investment News | Women to Watch Award

Mary Sterk President and CEO, Sterk Financial Services

“The most important thing I learned is that money buys you choices.”

350 Oak Tree Ln. Ste. 150 • Dakota Dunes, SD 57049 | 605-217-3555

Securities and Investment Advisory Services are offered through Woodbury Financial Services, Inc., Member FINRA/SIPC. Insurance offered through Sterk Financial Service which is not affiliated with Woodbury Financial.

United Real Estate Solutions Inc. recently celebrated the opening of its new branch office and headquarters for its commercial division, NAI United, in Dakota Dunes by hosting the Siouxland Chamber’s December’s Rush Hour Connect. Guests were treated to culinary delights from Red’s Steakhouse in North Sioux City and were able to check out United Real Estate’s new high-tech, cafe style office, its third location in Siouxland.

PreParing to Buy in 2018 Check Your Credit Score Credit requirements have become more strict in recent years, making it challenging for some buyers to find home loans. Having a favorable credit score can make a huge difference in getting approved for a loan.

Even if you think nothing has changed on your credit report, it’s smart to check anyway. Ideally you should strive for scores in the mid-to upper700s to land the best rate, but some lenders will borrow if it’s in the 500-600 range. Also, refrain Prioritize Your Must-Haves If you’re a from opening any new credit cards in the months first-time home buyer, it’s crucial to sit down and leading up to your purchase. think through what your needs and wants really are, particularly regarding size, location, and Set a Realistic Budget Don’t let your maximum amenities. Even seasoned home owners will find loan approval amount dictate what your homebuying budget should be. You are the best and that setting aside the time to write down what you only judge of what you can safely, realistically need in a new home will save you a ton of time in afford. Many experts advise that your total the long run. Instead of sorting through listing monthly home expenses should not exceed more after listing, you can narrow it down significantly than one-third of your gross monthly income.

Don’t forget you’ll need extra to cover any loan by knowing what your must-haves are.

Here it is, 2018 and you’ve decided this is the year you’re Darrel Bullock President going to purchase a new Sioux City Building Inspections home. Whether you’re a firsttime buyer or a move-up buyer, the sooner you start preparing, the better. By following these simple tips, you’ll feel confident and ready to get out there and find the perfect home for you.

712-255-3852 | siouxlandhba.com

fees and closing costs and include that in your final budget.

Sell Your Current Home If buying a new home is contingent on selling your current one, it’s a good idea to start by reaching out and consulting with your realtor. You probably want to sell your home quickly, but keep in mind that if you want to get the best price possible, it’s critical to wait and put it on the market at just the right time.

GIn the meantime, you can work on any maintenance issues your home may have and make a plan for when, how, and if each one will be addressed. Find the help you need to sell the old and plan for the new at the Siouxland Home Show, March 1-4 at the Sioux City Convention Center. Before you go, check out this website for the latest information and a list of exhibitors that will be showcasing their products and services at siouxlanhba.com/home-show.

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WE CAN HELP

you REACH

MORE OF THE SIOUXLAND MARKET

ChamberAnniversaries

712-293-4331 ▪ 712-293-4319

NewChamberInvestors

The following are observing anniversaries as Siouxland Chamber of Commerce investors.

30 YEARS – 1988

CERTIFIED TESTING SERVICES INC. Jack Krage Sioux City, IA GEN PRO INC. Steven Hass Sioux City, IA

15 YEARS – 2003 Contact us to learn more.

Siouxland Business Journal, February 2018 15

BIMBO BAKERIES USA Kelly Clausen South Sioux City, NE DUNES EYE CONSULTANTS Steven Ferguson Dakota Dunes, SD

TOWNHOUSE PIZZA & LOUNGE Rick Dominowski Sioux City, IA

10 YEARS – 2008

HILLSIDE PARK APARTMENTS Cheryl Claeys Sioux City, IA PYRAMID TECHNOLOGIES Jeremy Johnson Sioux City, IA UNION PACIFIC RAILROAD Kelli O’Brien Omaha, NE

5 YEARS – 2013

A-TEAM HEATING & COOLING

Tom Bousquet South Sioux City, NE CATHEDRAL OF THE EPIPHANY Sioux City, IA POWER WASH USA – FLOYD Daniel Gesy Sioux City, IA POWER WASH USA – GENEVA Dan Gesy Sioux City, IA POWER WASH USA – SO. SIOUX Dan Gesy South Sioux City, NE SUNNYBROOK COMMUNITY CHURCH Jeff Moes Sioux City, IA

IMPACT7G Tyler Silverthorn Sioux City, IA TRI STATE RADON Casey Olson Sergeant Bluff, IA P’S PIZZA HOUSE Joe Sitzmann Dakota Dunes, SD MAKERSPACE Gary Turbes Sioux City, IA

WHERE

SUCCESS GOES TO LIVE HAPPILY EVER AFTER

Why has the number of bioscience companies grown to reach over 1,200 establishments*?

Why has advanced manufacturing grown to be our largest industry? Why do more than 6,200 companies employ over 92,000 workers in the financial and insurance industries in Iowa? It’s simple. Iowa has built a business environment that breeds success. We believe in working hard.

And living well. It’s a healthy balance that produces a productive and motivated workforce.

Generates opportunities for our companies. And sparks a leadership in innovation and technology. Check out our website today. Learn why Iowa is where success lives. iowaeconomicdevelopment.com *2016 SOURCE: TEConomy Partners

iowaeconomicdevelopment

businessiowa

CAROL CASE - CARLISLE WOMEN’S DESIGNER CLOTHING Carol Case Dakota Dunes, SD BARTLETT & WEST Casey Patton Sioux City, IA SEASONS CENTER FOR BEHAVIORAL HEALTH Katie Ping Sioux City, IA

16

Siouxland Business Journal, February 2018

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SIOUXLAND’S #1

COMMERCIAL TEAM Source: Northwest Iowa Board of Realtors – 2017 Production

Nathan Connelly Commercial Associate 712 203 1620

Market Share Equals Market Knowledge. #1 NAI United

$44,383,631 (53.00%)

#2 Firm

$16,264,203 (19.00%)

#3 All Other Companies

$23,608,843 (29.00%)

Beau Braunger CCIM Senior Associate 712 251 8276

Colonel Krage Senior Associate 712 251 1451

Chris Bogenrief SIOR, CCIM, MBA Broker

$0MM $10MM $20MM $30MM $40MM $50MM $60MM

$70MM

Source: Northwest Iowa Regional Board of Realtors - 2017 Total Commercial Volume

712 204 6261 ALL AGENTS LICENSED IN IOWA, NEBRASKA & SOUTH DAKOTA

Individual Members: Society of Industrial and Office Realtors

Certified Commercial Investment Member

Multiple Listing Service

REALTORS® Commercial Alliance

Tune into KSCJ 1360 Talk Radio Saturday mornings from 8:10 to 8:30 a.m. to hear interviews with the “movers & shakers” of Siouxland or go to www.kscj.com for streaming live broadcast.

LARGEST BUILDING IN SOUTH DAKOTA SOLD NORTH SIOUX CITY, SOUTH DAKOTA – The story of the iconic Gateway Computer campus in entered a new chapter Wednesday, January 10, 2018 when it was sold to Atkinson, NE and Naples, FL based investor, Gerard Keating, SIOR, CCIM, from Taiwan based Acer, Inc. The 750,000 square foot (sf) building was built by Gateway on the 77 acre site in 6 phases from 1989 to 1997.

Keating said the opportunity to purchase the property came to him on a July evening in 2017 when he was unable to secure a hotel room in the entire Sioux City metro. His experience, combined with studying the fully booked commercial flights into the Sioux City airport over the past three years, made him consider investing in the Sioux City metro. Keating was convinced “there’s something special happening in the Sioux City metro.”

NAI United Property Management has been hired to manage the facility.

For the full press release go to www.naiunited.com/press-release.

Buying • Selling • Leasing Property Management

400 Gold Circle Dr., Ste 120 Dakota Dunes, SD 57049 712 224 2727 www.naiunited.com