Vermeer announces plans for innovation center in ISU Research Park
News | 09/10/2014
Pella-based construction and agricultural equipment manufacturer Vermeer Corporation announced today that it will build an equipment testing facility and innovation center at the expanding Iowa State University Research Park. The company made the announcement in tandem with the groundbreaking on a new $12 million, 50,000-square foot ISU Economic Development Core Facility as part of a 400-acre expansion of the park. For more information on the Core Facility announcement, click here.
The Vermeer Applied Technology Hub in the research park will have office space, meeting rooms and a bay large enough for Vermeer to test its equipment. Vermeer cited access to ISU students and faculty as a key determining factor in selecting the Research Park for its innovation center. Once complete, the center will allow Vermeer employees and Iowa State students and faculty to work together on testing and advancing Vermeer’s equipment. The Vermeer announcement comes on the heels of another major Iowa agricultural equipment company- Hagie Manufacturing- announcing its intentions to establish an innovation-based presence at the ISU Research Park.
Mark Core, vice president and chief marketing officer for Vermeer, said the new facility will be a “hot spot of ideation for the way we design, manufacture and support the equipment and the customers who buy it.”
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