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BODEANS BAKING COMPANY – LE MARS

About BoDeans Baking
BoDeans Baking Company is one of Iowa’s great entrepreneurial success stories. BoDeans is dedicated to producing the best sugar cone available in today’s marketplace for makers of novelty ice cream products. BoDeans ships sugar cone products to major ice cream dairies across the country. BoDeans boasts the most modern cone baking facility in North America. Making sugar cones for ice cream manufacturers, including customers such as Wells’ Blue Bunny and Good Humor-Breyers, BoDeans produces over 400 million cones a year.

The company is an independent, privately held and family-owned business located in Le Mars, Iowa. Owners Bo and Dean Jacobson have over 15 years of experience in the cone baking industry. In June of 2003, Mr. Jacobson was recognized by Ernst & Young as the Emerging Entrepreneur of the Year.

About the Projects
BoDeans’ baking facility was completed and production began in February 2001. Jacobson opened the plant in Le Mars after he spotted an opportunity to become an alternative supplier of sugar cones for ice cream novelties and to locate close to one of the largest customers for the product, Wells Dairy.

In October of 2003, BoDeans was considering an expansion in Iowa to develop a new product and production process. With state assistance, the company planned to create 24 jobs with an average wage of $13.98 per hour and invest $10.6 million in research and development and expanded facilities through a three-phase, five-year project to create a new product.

In July of 2004, BoDeans requested and received additional assistance to proceed with the second phase of the expansion. The project is expected to create 25 additional jobs at an average wage of $12.99 per hour.

About the Incentives
October 2003
• $50,000 Community Economic Betterment Account forgivable loan
• $50,000 Community Economic Betterment Account loan
• New Capital Investment Program tax benefits

July 2004

• $75,000 Community Economic Betterment Account
forgivable loan
• $75,000 Community Economic Betterment Account loan

IN THE NEWS
BoDeans Baking
Sioux City Journal, November 18, 2007

BoDeans…manufactures cones and wafers for several
large ice cream plants across the United States, Canada and
Mexico. The company which began with 23 employees seven
years ago, now employs 150.

   
   


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