BELLEVUE, Iowa — Bellevue City Administrator Loras Herrig called the news of 44 new jobs coming to the Mississippi River community “fantastic.”
Sedgwick Claims Management Services, based in Memphis, Tenn., announced Wednesday it will be expanding its Dubuque operations and opening a satellite office in Bellevue. The plan calls for adding 150 jobs, with 44 of them in Bellevue, and a 10,000-square-foot addition to the existing operation in Dubuque.
Herrig said the timeline for the satellite office has not been announced. He said Sedgwick plans to lease a building in the community and build later.
The Bellevue satellite office would include customer service, technical and management positions with wages between $26,400 and $65,000.
“We’re extremely pleased,” Herrig said Wednesday afternoon. “This is fantastic. I have to give a lot of credit to Dave North (Sedgwick CEO who lives in Bellevue). He looks out for our town. This is a good payback. He has the desire and ability to help the community and continues to help.”
“We have experienced great results since the opening of our Dubuque office in 2006,” North said in a prepared statement. “Our Dubuque colleagues have done an outstanding job learning our business and taking care of our clients. We anticipate similar results in Jackson County.”
Bellevue City Council members will meet in special session tonight to pass resolutions for applications to the Iowa Department of Economic Development for state financial assistance on behalf of the company.
They also will petition the Iowa Department of Economic Development for reinstatement of Jackson County Bellevue Enterprise Zone. The enterprise zones throughout the county expired, and county and city officials weren’t notified by the state. The process has begun to have all the areas reinstated.
The proposed state incentives total $440,000 with half in the form of a forgivable loan and half at no-interest. Of the total, $310,900 is for the Dubuque site and $129,100 for Bellevue’s operations.
In Jackson County, the enterprise zone benefits would provide training money for the company and a sales tax rebate on construction costs.
Stacy Driscoll, Jackson County economic development director, said the office in Bellevue will be a boost for the entire county.
“The jobs are not just for Bellevue,” Driscoll said. “There will be other applicants from Jackson County. It’s wonderful for Sedgwick and Dave North to come to Jackson County with high-quality jobs.”
Herrig said the council has been asked to apply for state funding but has not been asked for city incentives. He said the company may ask for tax increment financing funding when a new building is constructed, but that has not been settled.
Herrig compared Sedgwick’s announcement to two other major Bellevue employers: Rockwell Collins and Ensign Coil, both with more than 100 employees. He said Sedgwick would become the third-largest employer in the city.
“I believe the sky is the limit with them,” Herrig said.