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Economic Development

The Economic Development Department welcomes the opportunity to assist in your development endeavor whether that be starting a new business, relocating to Algona, or expanding your existing business here!

Algona has a diversified economy with major contributions from advanced manufacturing, insurance, healthcare, agriculture, and a busy retail district - from Fortune 500 companies like Hormel, Pioneer, and Snap-on Tools to successful entrepreneurial startups like Sbemco, Suidae, and KOFAB.

Algona is a progressive city that works hard to retain and expand our existing businesses while attracting new.  In addition to city programs, partnerships with the locally owned Algona Municipal Utilities, Algona Area Economic Development Corporation and the Iowa Economic Development Authority allows us to assemble significant incentive packages for new or existing businesses. 

Our combination of access to markets via two US Highways, rail and air, fiber internet service, affordable utilities, skilled workforce and a great quality of life make Algona an excellent location for your business!

To learn more about all the exciting things happening on in Algona, check out our city's feature in IA Magazine - Algona: Defining Opportunity.