Dwayne Eppinga, Evan Van Ginkel, and Paul Van Ginkel, started Midwest Pro Manufacturing (MPM) in 2005 in a 2500 sq. ft. leased space in Rock Valley, Iowa. With significant experience in the computer numerically controlled (CNC) machine parts industry, they began their company with a strong work ethic and motivation for success.
MPM worked with Peoples Bank and SEDC to utilize the SBA 504 program to purchase the equipment for this new business. Shortly thereafter, they obtained additional SBA and SEDC financing to purchase new equipment necessary to remain competitive in the machining industry.
MPM experienced considerable growth in its first two years of operations and in 2007 built their own 10,000 sq. ft. manufacturing facility in the Rock Valley Industrial Park. The new building was financed utilizing the SBA 504 program and a loan from Peoples Bank. MPM, Inc. has been able to retain CNC jobs in Rock Valley and build a substantial customer base in the Midwest.
The company has created more than 12 skilled jobs and has recently expanded their facility to 20,000 sq. ft. to keep up with demand.
Location: Rock Valley, Iowa
Client: Midwest Pro Manufacturing
Project year: 2005, ongoing
Partners: Peoples Bank & Brian Richter
Financing: SEDC/SBA 504 Project
Details: Purchased equipment for new business. Later, purchased more new equipment as company grew. In 2007 built it’s own 10,000 sq. ft. manufacturing facility in Rock Valley Industrial Park.