A $2.2 million dollar capital development campaign plus an additional $6 million dollars in tax free bonds from the Quad City Regional Economic Development Authority (QCREDA) provided funds for renovations and construction of an addition at Moline’s, Two Rivers YMCA. The YMCA is a 501(c)(3) tax exempt organization, which meets the requirements for the low … Read more
Watts is an independent refuse hauler serving customers in Illinois, Iowa, Missouri, Nebraska, and Louisiana. WTS Corporation was founded in 1948 and began with one truck. The Founder’s son had joined the company in 1963 took over management when the Founder retired in 1973. The Company employs approximately 440 people including 28 located in its corporate … Read more
Seaberg Industries, established 25 years ago, is a manufacturer of engine supports, mounting brackets and linkage assemblies for customers that include Caterpillar, Deere and Case. Their existing facility is 26,000 sq. ft. with core processes of Punching & Thermal Cutting, Sawing, Bending & Forming, Welding, Surface Grinding, Turning and Machining parts. They have been Caterpillar … Read more
Steel Warehouse is a manufacturer of steel products. The company will construct a 50,000 sq. ft. roll steel manufacturing building in Rock Island on 20 acres. The company receives coil steel by rail and cuts and bends it into products that are sold to major manufacturers. The total project is $10 mil and will create … Read more
Plastic Products Company is a manufacturer of molded plastic parts. The project was the purchase of the stock of Hoegner Tools in Moline, and upgrade and expansion to make molded plastic parts. The project will retain the existing 52 employees and add another 50 jobs over a two year period for a total of 102 … Read more
Whitey’s Ice Cream Mfg., Inc, is a manufacturer of Ice Cream and Frozen Yogurt. They presently employ approximately 170 in a 13,400 sq. ft.. manufacturing facility on 41st Street in Moline, Illinois. The firm was founded in 1933 by Chester Lindgren. QCREDA issued a $2 million bond for the expansion of their Ice Cream manufacturing … Read more
Thoms Proestler is a food distributor for Midwest clients within a 200 mile radius of the Quad-Cities. Founded in the late 1800’s, the company buys food and other goods wholesale and distributes them to restaurants, stores, hospitals, nursing homes, colleges, etc. The company is one of the 50th largest food distributors in the nation, has … Read more
In May of 1991, QCREDA issued an $11,000,000 revenue bond on behalf of HDC Inc. The Company constructed a new seven story office building in downtown Moline, Illinois which was leased to Heritage National Health Plan, Inc. a subsidiary of Deere & Co. The City of Moline provided funding to construct a parking lot adjacent … Read more