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Modern Iowa contractor eyes growth with Sub Zero project
Modern Building Systems, a leading Midwest mechanical contractor based in Cedar Rapids, reports 2023 revenue near 130 million and aims higher. Two major jobs drive growth: Sub Zero’s 141 million 614000 square foot plant in Cedar Rapids and the University of Iowa Health Sciences Academic Building project. Sub Zero plans 200 new hires, with completion targeted for spring 2025. Modern emphasizes in house fabrication, a new spot welding robot, and expanded customer installation crews nationwide. The firm faces cost pressures from COVID related price surges and notes a shift to attracting younger workers through tours and outreach. Modern participates in a 30 million contract for the Health Sciences Building after prior litigation over the Stead Family Children’s Hospital.