July 2024 Newsletter

August Member Meeting & Lunch

We invite you to attend the ABIC Member meeting on Thursday, August 15, from 11:30 AM to 1:00 PM. The meeting will take place at the Courtyard by Marriott located at 2405 SE Creekview Dr, Ankeny.

Darren Rebelez, the CEO of Casey's, will be presenting to the group. Please note that registration is open until August 7, 2024.

We would like to extend our gratitude to Casey's for sponsoring our lunch.

CLICK TO REGISTER

Did you miss the June 20 Member Meeting?

We had a great meeting with a significant number of members attending to listen to David Jones, Ankeny City Manager, and Derek Lord, Director of Economic Development, as they provided an insightful update on the current happenings in Ankeny and the future prospects for various development areas. To access their presentation, please click here.

Welcome New Investor

We are pleased to welcome The Toro Company to ABIC! As a premier manufacturer of outdoor power equipment serving various industries and applications, The Toro Company established a 450,000 square-foot distribution center in Ankeny in 2012. Join us in welcoming Matt Tupy, the Distribution Center Manager, and his team to ABIC!

Salute to Industry Introduces Four New Award Categories and

Announces the Call for Nominations!

The ABIC Board of Directors, along with the Salute to Industry Committee, has approved the addition of four new categories. ABIC will continue to present awards for Commercial Investment, Commercial Reinvestment, Public-Private Partnership, and Person of Vision. The Commercial Investment and Commercial Reinvestment categories will now be divided into two groups: small companies (100 employees or fewer) and large companies (more than 101 employees). The criteria for all awards are as follows:

Commercial Investment – A new commercial investment signifies the arrival of a new company in Ankeny. The guiding principle for this distinction is that "dirt must have moved," indicating that the investment is substantial and definitive.
- Small Company - 100 or fewer employees
- Large Company - More than 100 employees

Commercial Reinvestment - New commercial investments or expansions and improvements by existing Ankeny companies are recognized with an award. A key criterion for this accolade is that "dirt must have moved," signifying that the investment is substantial and finalized.
- Small Company - 100 or less employees
- Large Company - More than 100 employees

Innovative Company of the Year - recognizes a pioneering organization in Ankeny that has demonstrated exceptional creativity, forward-thinking, and groundbreaking contributions to their industry and community. This award celebrates companies that have successfully introduced novel ideas, technologies, or methodologies, significantly impacted their sector and set new benchmarks for innovation and excellence. The recipient of this prestigious accolade embodies the spirit of innovation, driving progress and inspiring others through their visionary leadership and commitment to pushing boundaries.

Community Impact of the Year - honors a remarkable organization in Ankeny that has made significant contributions to the local community. This award recognizes initiatives, projects, or programs that have positively impacted the lives of community members, fostered inclusivity, and promoted social responsibility. The recipient of this award demonstrates a profound commitment to giving back, enhancing quality of life, and building strong community partnerships. Their efforts have not only created tangible benefits but have also inspired others to contribute meaningfully to the welfare and growth of the Ankeny community.

Environmental Impact of the Year - honors an exemplary organization in Ankeny that has made outstanding strides in advancing environmental sustainability and stewardship. This award recognizes a company's commitment to reducing its carbon footprint, conserving natural resources, promoting eco-friendly practices, and implementing innovative solutions to address environmental challenges. The recipient of this award demonstrates leadership and dedication in achieving measurable positive impacts on the environment, inspiring others to adopt sustainable practices and contributing significantly to the betterment of our planet for future generations.

CEO of the Year - Celebrates an exceptional leader in Ankeny who has demonstrated exemplary vision, strategic direction, and impactful leadership throughout the year. This prestigious accolade recognizes a CEO who has driven significant growth, fostered innovation, and shown dedication to the success and well-being of their organization and its stakeholders. The recipient of this award embodies outstanding management acumen, inspires their team to achieve excellence, and sets a benchmark for industry leadership. This award acknowledges not only professional achievements but also the CEO's commitment to ethical leadership, corporate responsibility, and the enhancement of the Ankeny business community.

Public/Private Partnership - Collaboration between a public and private organization or group that benefits an Ankeny business or Ankeny as a whole

Person (or Persons) of Vision – Unlike the CEO of the Year, the Person or Persons of Vision are recognized for their extraordinary foresight, leadership, and contributions to the community. This recognition is for those who have made significant achievements, introduced innovative ideas, and taken impactful actions that have led to positive changes or advancements in Ankeny.

To nominate a company or individual: 1) verify that the nominee fulfills the award's criteria; 2) send an email with detailed information about the nominee, including company or individual's name, contact details, and any supporting documents; and 3) ensure your submission is sent to [email protected] no later than August 30, 2024.

Are You Familiar with the New FinCEN Rules

FinCEN is a division of the U.S. Department of the Treasury. The Financial Crimes Enforcement Network addresses money laundering, check fraud, exploitation of the elderly, and other suspicious activities. For those unfamiliar with FinCEN and the recent regulations, it is advisable to consult the below information provided by ABIC member BrownWinick and to contact your personal lawyer or accountant for specific inquiries.

Have You Heard About the Proposed I-35 Regional Sports Park?

A Regional Sports Complex is being proposed for Ankeny, located on NE 36th Street, to the east of Costco. Led by Honorary Co-Chairs Dennis Albaugh and Jeffrey Lamberti and Co-Chairs Laura & Trent Murphy, this complex will differ from existing sports parks in Ankeny by initially supporting Hockey, Lacrosse, and Softball. Spanning 50 acres, the park will cater to local, metro, and Central Iowa youth. Plans include two indoor ice rinks, seven outdoor lighted multi-sport turf fields, 16 softball and youth baseball fields, and a 93,000 square foot field house for year-round multi-sport use, with all fields featuring turf. The development is scheduled in three phases, which started in Spring 2024 and completing by Fall 2027. For more information about the Sports Complex and involvement opportunities, please contact ABIC member Murphy Enterprizes LLC ([email protected]).

Happy Anniversary to Ankeny Business & Industry Collaborative

Ankeny Industrial Development Corporation was founded on June 29, 1966. The group changed the name to Ankeny Economic Development Corporation in 1994, when Ankeny had around 25,000 residents. In 2023, with more than 70,000 residents in Ankeny, the organization re-organized to be known as Ankeny Business and Industry Collaborative! Regardless of the name, the organization continues to highlight the business success in the community.

58 years and counting!