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The Story of “The ESCO Group” to Feature Business Founder

Posted by: Brady Quinn on Tuesday, October 18, 2022
Marion, IA – In 1964, Wayne and Shirley Engle, started a small electrical contracting business in their Marion home. By the 1970s, ESCO had grown into one of the most successful electrical companies in the Midwest, working on both residential and commercial projects. Through multiple generations of family leadership, the ESCO Group has now grown to

MEDCO Publishes Third Quarter Marion Community Index

Posted by: Emily Russ on Friday, October 14, 2022
Marion, IA – Marion Economic Development Corporation (MEDCO) has released the Marion Community Index for the third quarter of 2022. The report is informed by a business survey that allows MEDCO to measure the health, challenges, optimism, and opportunities of the organization’s business partners. Seventy-two companies participated in Q3. The

Iowa Corporate Tax Rates to Decrease

Posted by: Nick Glew on Monday, October 10, 2022
For tax year 2023, the top Iowa corporate tax rate will be reduced from 9.8% to 8.4%. Following the close-out of the state’s fiscal year, the Governor’s office made the announcement in a press release at the end of September. The second highest bracket, which today stands at 9 percent, will also be reduced to 8.4 percent. The announcement

Gov. Reynolds announces grant program to reduce language barriers in workforce

Posted by: Alex Murphy on Wednesday, October 5, 2022
DES MOINES, IOWA – Governor Kim Reynolds today announced a new grant opportunity intended to reduce language barriers in the workforce. The Iowa Language Learners Job Training Program will help employers provide sustained programs for English language instruction to support improved communication in the workplace. “Here in Iowa,

Expanded Employee Retention Credit

Posted by: on Monday, September 26, 2022
The Employee Retention Credit (ERC) was originally passed as part of the CARES Act to help businesses negatively affected by COVID-19. The refundable tax credit encouraged employers to keep employees on their payroll. The ERC was just expanded as part of the year-end COVID-19 relief legislation and now retroactively allows employers that took Paycheck

MEDCO Investor Announcement

Posted by: Lori Bowman on Friday, September 23, 2022
Rexco Equipment, a local heavy and compact construction equipment dealer, has acquired JP Scherrman, Inc. (JPS) an equipment dealer in Farley, Iowa – effective close of business on September 30, 2022. Rexco is excited to retain the company’s employees who possess a reputation of excellent customer service and product knowledge. A staff that

Progress Continues on the New Marion Public Library

Posted by: Bill Carroll on Friday, September 23, 2022
The Library Board of Trustees met in a special session on Sept. 22, 2022, to discuss plans for opening the new Marion Public Library facility in the 1100 block of 6th Avenue. Like many projects in recent years, the library has been impacted by the availability of materials, delivery delays, and labor shortages. In a joint meeting of the Library Board of

New Coworking Hub to Welcome Entrepreneurs and Location Independent Workforce

Posted by: Brady Quinn on Friday, September 23, 2022
Cowork 1107 is Marion’s newest coworking business opening November 2022. Operated by Marion Economic Development Corporation (MEDCO), the coworking space will offer a shared, community-driven workspace for location-independent workers and entrepreneurs. Whether you need desk space for the day or private executive level accommodations to host a
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