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Newspaper
Rock Valley Bee
Location
Rock Valley, Iowa, United States of America
Date
Oct 24, 1973
Page
5
Nation's Business summarizes a Chambers of Commerce study on 100 new industrial jobs. It estimates that personal income rises 1 036 000, retail sales gain 565 000, bank deposits increase 490 000, non industrial jobs grow by 68, population up 351, and school enrollment up 79. The booklet notes growth's effects but does not judge if it is good or bad.
Gov. Robert Ray reports Iowa added about 16 500 new jobs through new industries and expansions in 1973 up to August. Capital investment nears 0.3 billion, surpassing any prior year. He stresses job quality and pollution concerns, aiming for growth that sustains population and avoids offshoring labor. The focus remains on drawing Towans into solid, nonpolluting industries. Information available from Economic Analysis and Study, Chamber of Commerce US, Washington.
A fable about two geese that produce eggs of gold and a greed driven slaying. The article argues that local producing industries bring money into a city through payrolls and investments, supporting the community as they grow. It notes recognizing these industries each October for their value.
IPS to build a 132 megawatt oil fueled peaking station on the southwest side of Waterloo along Highway 63. The $13 million plant will be completed in two stages with one generator starting in May 1975 and the second in May 4976. The combustion turbine generators will run mainly during peak demand to replace older oil burners and boost IPS efficiency. The project will generate about $475,000 annually in state and local taxes.
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