ICYMI: Site Selection Magazine notices CIRAS & Iowa’s ‘Year of Manufacturing’

The July edition of Site Selection Magazine gave national notice to Iowa’s “Year of Manufacturing” initiative.

The article, entitled “How to make $3 billion,” describes Iowa’s belief in the importance of advanced manufacturing and provides details of how industry and governmental leaders (including CIRAS) are working to improve it.

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B Fabulous BBQ Uses Government Contracts to Grow Gracefully

For one Iowa restaurant and catering business, the recipe for success so far has included a side of government contracts.

B Fabulous BBQ in Slater has cooked up nearly $100,000 in business from public-sector clients over the last two years, said Deanna Faubus, who owns the company with her husband, Billy. “For a small joint like us, that’s a significant amount of sales.”

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SAM Serves as Key Step in Selling to Government

The government must keep going, in good times and in bad.

Many small businesses that are involved in government contracting have learned that this stability means federal, state, and local government agencies can be a tremendous and steady source of income. And it’s a market that exists for more than just major-league defense contractors. Small business owners are sometimes astonished when they realize they are capable of supplying a product or service that the government needs.

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On Growth: CIRAS Has Tools to Find New Technologies or New Markets

Earlier this year, Deere & Co. announced the $4.88 billion purchase of Wirtgen Group, a German company that makes construction equipment used in building roads. Analysts touted it at the time as something that would help the farm machinery manufacturer diversify and ease its dependence on agriculture.

Why is this important? Because it illustrates the realities of growing a business: there are only two real paths to do it in a lasting way—creating new products and/or finding new markets.

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