Kelderman Manufacturing receives local loan for expansion

Pictured left to right:
Deann De Groot, MCARD Director
Jeff Kelderman, President of Kelderman Manufacturing Inc.
Clint Kelderman, Vice President of Kelderman Manufacturing, Inc.
Calvin Bandstra, Revolving Loan Fund Committee member

On September 23, 2019 Kelderman Manufacturing Inc. received a $150,000 low interest loan from the Mahaska County Revolving Loan Fund. Deann De Groot, administrator of the Revolving Loan Fund said, “We are excited to see Kelderman Manufacturing, Inc. expand their equipment line with a new powder coat paint line that will be able to fill job orders for companies locally.” In 1970, Kelderman Manufacturing began creating innovative products for the agricultural market. Corn harvesting attachments, hay racking equipment, and rubber track systems were the products that entrepreneur and owner Gary Kelderman began constructing. Since that time the company has grown to air suspension markets. In 2020, Kelderman Manufacturing Inc. will be celebrating 50 years of doing business in Oskaloosa.

The Revolving Loan Fund is available for businesses or industries that desire to locate, expand or diversify their operation in Mahaska County. If you would like more information, please contact Deann De Groot, Director of Mahaska County Ag & Rural Development at mcard@mahaskacounty.org or call 641.672.2591.

Posted by on Oct 7 2019. Filed under Local Businesses, News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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