Vermeer Corp. Announced plans Friday to build a 300,000-square-foot production facility in Bondurant, Iowa, and create 182 jobs. The project represents a more than $102.65 million investment by the Pella-based company and will significantly expand its Iowa footprint.
Expansion Driven by Demand
According to a company news release, the need for Vermeer equipment has grown, requiring continued investment. While Pella will remain the company’s headquarters, the Bondurant facility will support demand for Vermeer’s agricultural and industrial products. Jason Andringa, president and CEO, stated, “I’m incredibly proud of this business my grandfather, Gary Vermeer, began 78 years ago and the team doing the perform to equip Vermeer customers around the world.”
Incentives and Local Impact
The Iowa Economic Development Authority (IEDA) approved more than $5.13 million in incentives for the project through the new Business Incentives for Growth (Huge) program. The city of Bondurant is also contributing more than $29.45 million in incentives, including a six-year property tax abatement. City Administrator Marketa Oliver described the project as a “game-changer” for the community.
The facility will be located on the Timmins Certified Site, adjacent to Interstate 80, and is expected to open up 500 acres for future industrial development. The project will make Vermeer the third largest private employer in Bondurant, following Amazon distribution and sortation businesses.
Part of a Larger Growth Strategy
This expansion follows Vermeer’s opening of a Des Moines operation three years ago, which currently employs 143 people. Since 2016, Vermeer has also expanded its operations in Greenville, South Carolina; Pella, Iowa; Goes, Netherlands; and Queensland, Australia. The Bondurant facility will initially employ over 300 people, and the new jobs will pay $35.11 per hour.
Frequently Asked Questions
What is the Business Incentives for Growth program?
The Business Incentives for Growth, or BIG, program was approved by the Iowa Legislature in 2025 and is being used to provide incentives for companies expanding in Iowa. The Vermeer project is among the first awards approved under this new program.
What other companies received incentives from the IEDA on Friday?
The IEDA board also approved incentives for Arconic US LLC, CCB Packaging, LMI US LLC, and Sewer Equipment Company of America on Friday. These projects are expected to create a combined total of 444 jobs.
Where will the new Vermeer facility be located?
The new Vermeer facility will be located on the Timmins Certified Site on the southeast side of Bondurant, Iowa, adjacent to Interstate 80.
As Vermeer continues to grow, what impact will this expansion have on the surrounding communities and the broader manufacturing landscape in Iowa?