Company expanding into Coralville - KWWL - Eastern Iowa Breaking News, Weather, Closings

Company expanding into Coralville

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CORALVILLE (KWWL) -

Zero Energy Systems has received state funding to assist with the proposed construction of a 45,000 square foot manufacturing facility in the Wescor development in Coralville.   The facility will be the first of its kind in the U.S. and will take approximately one year to complete.  Facility design and planning will begin in the fourth quarter of this year and construction will start in March 2012.

ZES is a start-up company that will provide computer-automated production of a proprietary insulated concrete wall system for residential and commercial use.  The product will deliver the necessary building envelope to attain net-zero energy use results while providing disaster resistance and longevity. 

"This has been a lengthy process and we certainly appreciate all of the help provided by the state, the city of Coralville and the Iowa City Area Development Group," said Scott Long, ZES CEO.  "This is an area dedicated to innovation and helping entrepreneurs, and we are excited to start operations in Coralville."

The project represents $7.5 million in capital investment and will create 25 jobs over the next three years, with a projected payroll threshold of 130% of Johnson County.

ICAD Group is currently working with ZES and Kirkwood Community College's industrial new jobs training program and will provide workforce development services once the company announces its full time positions.

 

 

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