2017 Spencer Comprehensive Land Use Plan

Spencer, Iowa  2017  Comprehensive Plan

Figure 27 - Employment by Industrial Sector, Clay County

T.W.U. - Transportation, Warehousing and Utilities; F.I.R.E. - Finance, Insurance, and Real Estate

Manufacturing 13.6%

Construction 5.9%

Agriculture 3%

Retail/Wholesale 21.3%

Information 3.7%

Other Services 3.9% Public Admin. 1.9%

Clay Co.

T.W.U. 4.7%

Recreation/Food Service 6.4%

F.I.R.E. 4.4%

Professional 4.1%

Education/Healh 23.0%

Source: U.S. Census Bureau, 2009-2013 American Community Survey

MAJOR EMPLOYERS IN SPENCER The largest employers include a variety of businesses ranging from manufacturing to education to healthcare. The diversity of employees helps to ensure that if one sector of the economy falters the negative impact on the community is not too severe. Below are the major employers in Spencer with more than 50 employees, from data from the Iowa Lakes Corridor Development Corporation in 2017.

Source: Iowa Lakes Corridor Development Corp.

Table 10 - Spencer’s Largest Employers (more than 50+ employees)

Employer Name

Product/Service

Manufacturing

Simonsen Iron Works Maurer Manufacturing Metal Works, Inc. Morton Buildings Shine Brothers Corp. Tecton Industries VanderHaag's Inc.

ATV accessories

Grain and misc. trailers Cupolas and ridge vents

Metal buildings

Scrap metal processing Precision machining

Used Truck sales, parts, service & equipment Financial

Community State Bank

Financial Services Financial Services Financial Services Financial Services

Farmer’s Trust & Savings Bank

Northwest Bank

State Bank

US Bank

Financial Services Other Major Employers

Spencer Hospital

Medical

Spencer Community Schools St. Luke Homes & Services, Inc.

Education

Long-Term Healthcare

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NW Iowa Planning & Development