Projects

Recognizing Waverly's Business Achievements


CMI Roadbuilding, Inc.
December 2016


CMI Roadbuilding, Inc. has purchased Terex Corp's former Waverly, IA crane manufacturing facility. CMI's product portfolio offers an extensive range of branded products many of which have been recently redesigned and updated. The product range includes asphalt and concrete plants, milling machines, concrete paving and specialty compaction equipment. 


Winnebago Industries

New Facility, September 2015

Winnebago Industries has opened a sub-assembly plant in Waverly. The facility is located in Waverly's SW Business Park at 1919 8th St. SW and manufactures wire loom assemblies for the company's motorhomes. The Waverly production facility employs 70 full time workers with a capital investment of $1.5 to $2 million. 


Cobblestone Inn and Suites
New Facility, January 2015

Cobblestone Inn and Suites has announced plans to construct a 4-story business class hotel in downtown Waverly valued at $3.4 million.  Slated to open in summer 2015, the hotel will feature 45 guest rooms with amenities that appeal to the business traveler. 


Hibbett Sports
New Retail Store, December 2014

National sporting goods retailer Hibbett Sporting Goods, Inc. opened its newest store in Waverly in December 2014 and will employs approximately eight full and part-time team members.


Dollar Tree
New Retail Store, December 2014

National discount retailer Dollar Tree is now open.


Farmers State Bank
New Bank Facility, Opening Spring 2015

Farmers State Bank, headquartered in Jesup, Iowa will be constructing a new branch office in Waverly. The branch will offer a lobby, Drive Up window, full service ATM and online banking. Farmers State Bank has 10 branch locations and over $500 million in assets.


United Equipment Accessories
Expansion, August 2014

United Equipment Accessories, a leader in the custom design and manufacture of custom components for motion applications, has announced plans for a 20,000 sf expansion of their facility in Waverly. This expansion, valued at $1.6 million, will increase production capacity for development of a new hydraulic swivel product line. United Equipment employs 120 in Waverly.


Peoples Insurance Agency
Expansion, September 2012

Peoples Insurance Agency has announced plans for a $500,000 addition to their facility in Waverly’s SW Business Park. A family owned and operated independent insurance agency providing insurance solutions in 44 states, Peoples Insurance will be adding 45 new jobs to its professional workforce in Waverly.


GMT Corporation
Expansion, July 2011

GMT Corporation has announced plans for expansion of their operations in Waverly. GMT specializes in machining large iron castings and the fabrication of large steel assemblies with customers that include John Deere, Caterpillar and Terex. The company's project includes a new 46,000-square-foot building and the purchase of up to $25 million in new machinery and equipment, for a total capital investment of $29.8 million. The expansion will result in the addition of 22 full-time jobs. 

A high quality of life, friendly and progressive merchants, and a college town atmosphere; this is Waverly, Iowa.