Iowa Fertilizer Co. donates $250K to Lee County

Multinational firm that owns Wever plant reported $6.3 billion in income in 2021, up 82 p.c from $3.47 billion in 2020

Iowa Fertilizer Co., in Wever, opened in 2017 and produces just below 2 million tons of fertilizer per 12 months. (Erin Jordan/Gazette)

The Iowa Fertilizer Co. will donate $250,000 to the Lee County Profession Benefit Heart, a workforce coaching area in Montrose.

The middle was opened earlier this 12 months as a collaboration among the many Keokuk, Fort Madison and Central Lee faculty districts, in addition to Southeastern Group School and the Lee County Financial Improvement Group, to supply college students hands-on expertise in profession fields that embody carpentry, well being and engineering, WGEM reported in March.

“This donation will assist our neighborhood’s ongoing efforts to supply extra expertise and coaching to native residents to enhance our economic system long-term and supply a stronger pipeline of educated employees within the years to come back,” Dennis Fraise, president and CEO of the Financial Improvement Group, stated in a ready assertion.

Iowa Fertilizer Co. has made different giant donations in Jap Iowa, together with $250,000 donation to the neighborhood school’s Constructing the Dream Fund, the information launch stated.

The Iowa Fertilizer Co. opened in Wever, about seven miles north of Fort Madison, in 2017.

The plant produced practically 2 million tons of fertilizer final 12 months in addition to 700,000 tons of diesel exhaust fluid, which is added to diesel gasoline to cut back greenhouse gasoline emissions, officers informed The Gazette in August.

Plant proprietor, multinational OCI NV, reported $6.3 billion in income in 2021, up 82 p.c from $3.47 billion in 2020.

The corporate’s 2022 second-quarter report stated leaders anticipate one other large 12 months amid shortages in fertilizer imports from overseas.

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