Schumacher Elevator Company

Schumacher Elevator Company manufactures and services elevators for installation around the world. After 60-plus years of growth, the company needed to consolidate its five Denver, Iowa, manufacturing facilities to become more efficient. In 2001, with the help of a broad range of partners including INRCOG, Black Hawk Economic Development, Waverly Area Development Group, the Iowa Department of Transportation (IDOT), and the Iowa Department of Economic Development (IDED), Schumacher completed construction on this state-of-the-art facility. INRCOG applied for and administered a $402,500 Community Economic Betterment Account award from IDED, and a $140,000 Revitalize Iowa's Sound Economy award from the Iowa DOT to assist in the project. The building includes 60,000 sq. ft. of manufacturing and office space. It was instrumental in allowing the company to profitably continue its manufacturing operations, and hire an additional 30 full-time employees.