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Economic Development

Stensland Creamery

Pictured left to right:  Mike Naig, IA Secretary of Agriculture; Jason Stensland, Stensland Creamery; Paige Stensland, Stensland Creamery; Mona Stensland, Stensland Creamery; Doug Stensland, Stensland Creamery; Chelsea Stensland, Stensland Creamery; Justin Stensland, Stensland Creamery; Kyle Stensland, Stensland Creamery; Ross Loomans, General Manager, Lyon Rural Electric Cooperative; and Rand Fisher, President, IADG.

 

 

Stensland Family Farms and Creamery Honored with Iowa Venture Award

 

Des Moines, IA - The Iowa Area Development Group (IADG), on behalf of Iowa’s rural electric cooperatives, municipal utilities, and independent telecommunication companies, honored eight distinguished Iowa companies with the Iowa Venture Award at a luncheon held in conjunction with the Iowa Association of Electric Cooperatives’ annual meeting.

 

Stensland Family Farms, established in 1915, is a family-owned and operated multi-generational farm located just outside of Larchwood, Iowa. The Stensland’s farm over 1,500 acres of organic cropland and operate a 200-cow dairy that is the basis for their newest endeavor, Stensland Creamery. The herd, which is milked robotically, has been bred to produce A2 beta-casein protein, and their products are rich in Omega 3’s through the incorporation of flax meal in their ration. The milk produced on their dairy is used for freshly bottled milk, ice cream, aged cheese and cheese curds. Their products are sold at three company stores in Sioux Falls and can also be purchased directly at the farm where visitors and tour groups can experience the farm operation. Lyon County Rural Electric Cooperative nominated Stensland Family Farms for the Iowa Venture Award.

 

“The Iowa Venture Awards Luncheon provides a forum to celebrate Iowa companies that are making a positive impact in the communities, State of Iowa, and industries they serve,” said IADG President Rand Fisher. “Thank you to the Stensland’s for their commitment to the environment and long success in Iowa. Congratulations on the expanded offerings of the dairy and opening of Stensland Creamery.”

 

The 2019 Iowa Venture Award recipients are:

AVEKA Manufacturing Inc. – Cresco, Fredericksburg, Waukon

GrandStay Hotel & Suites – Rock Valley

M & C Anderson Pullets – Sioux Rapids

Mid-Iowa Cooperative – Conrad and 13 additional statewide locations

Peterson Transportation Inc. – Manson

Preferred Wholesale, Inc. – Albia

Stensland Family Farms and Creamery – Larchwood

Iowa Select Farms -  “Outstanding Business of the Year” – Locations in 52 Iowa counties

 

About the Iowa Venture Award

This marks the 32nd year that IADG has presented Iowa Venture Awards to individuals and organizations, both large and small, in recognition of their significant contributions to Iowa's economy through entrepreneurial leadership, innovation, and the creation of job opportunities. History has demonstrated that these are among the most accomplished and successful companies in the state. Together they are helping to sustain and grow Iowa’s economy. Visit the Iowa Venture Award Hall of Fame showcasing these 272 companies at www.IADG.com/HallOfFame.

 

About Iowa Area Development Group (IADG)

IADG is the business and community development leader for Iowa’s rural electric cooperatives, municipal utilities, and independent telecommunication companies. Since 1985, the partnerships and economic development efforts of IADG and their sponsors have assisted with more than 2,100 projects, generating over $12 billion of capital investment and over 53,000 new or retained jobs for Iowa. 

 

 

Economic Development

The Lyon Rural Electric Cooperative wants to make an active effort to encourage Rural Economic Development throughout Lyon County. In an effort to do so the Lyon Rural Electric Cooperative in partnership with Iowa Area Development Group L.C. (IADG) and the United States Department of Agriculture Rural Development (USDA Rural Development) offer economic assistance programs to employers in Lyon County, Iowa.

The Iowa Area Development Group L.C. (IADG) is a professional economic development organization formed and funded by Rural Electric Cooperatives and certain Municipal Electrics within the State of Iowa to promote economic development in rural Iowa.

Lyon Rural Electric Cooperative has partnered with IADG and USDA Rural Development in applying for and receiving one zero pass thru loan of $135,000 and two grants totaling $430,000 from the USDA Rural Economic Development Grant and Loan Program. The zero pass thru loan was lent to the company included in the application for a ten year period at zero interest. The grants were matched with 20% matching funds to create the Lyon Rural Electric Cooperative Rural Economic Development Revolving Loan Fund.

USDA Rural Development is an equal opportunity provider, employer and lender. To file a complaint of discrimination write: USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW, Washington D.C. 20250-9410 or call 800-795-3272 (voice) or 202-720-6382 (TDD).

For more information regarding economic development, please contact Lyon Rural Electric Cooperative or the IADG.

Revolving Loan Fund Application:

 

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