A- A+

Maverik, Michael Foods and Summit Products Celebrated for Economic Impact

Economic Impact Awards

October 31, 2024

Each year, the Greater Des Moines Partnership awards regional companies for their roles in influencing the local economy in terms of job creation, facility expansion and capital investment. Through their work in the region, these award winners have made a significant contribution to Greater Des Moines (DSM) and are recognized for their efforts in continuing to create a place to live, work and play that increases the economic vitality here.

Learn more about three of this year’s Economic Impact Award winners Maverik – Adventure’s First Stop, Michael Foods and Summit Products, Inc. You can read about previously posted Economic Impact Award winners here and here.

Economic Impact Award Winners

Maverik – Adventure's First Stop

Pictured: Waleed Wadi, Senior Director of Facilities

Waleed Wadi

Maverik’s acquisition of Kum & Go (K&G) propelled the company to become the 12th largest c-store operator in the country, now serving customers in over 800 stores across 20 states supported by nearly 15,000 dedicated Team Members.

The growth and integration of the two leading c-store brands is focused on delivering an elevated, differentiated, and adventurous c-store experience to even more customers from the Midwest to the West Coast, with K&G’s longstanding presence in the Greater Des Moines area bolstering Maverik's ongoing expansion in the region.

As a longstanding community partner and subsidiary of FJ Management, Maverik is proud to help fund the mission of Call-to-Action Philanthropies, which is dedicated to increasing access to food, education and affordable housing. Since 2007, the organizations have invested nearly $100 million to support these causes in the communities where Maverik Team Members live and work, including nearly $15 million in affordable housing projects in West Des Moines

Michael Foods

Pictured: Tom Kinker, Plant Manager

Tom Kinker

For over 100 years, the Michael Foods family of businesses has leveraged quality ingredients and innovative processes to offer the finest products and solutions to their customers.

Today, Michael Foods is the nation’s largest processor of egg products, producing and distributing value-added egg and refrigerated potato products to foodservice and food ingredient customers. Michael Foods, a subsidiary of Post Holdings, is headquartered in Hopkins, Minnesota.

Through a series of business building platforms and a comprehensive manufacturing and distribution network, Michael Foods also offers inspirational culinary and marketing solutions while delivering supply chain efficiencies, back-of-restaurant convenience and food safety. Michael Foods opened a 150,000 square-foot facility, which processes eggs and precooked egg products in 2019 in Norwalk. Recently, the decision to expand was made and will add approximately 132,000 square feet and it is expected to create an estimated 120 new jobs. Construction on the new project is in progress and will be completed in 2025.

Summit Products, Inc.

Pictured: Dave Thompson, CEO

Dave Thompson

From humble beginnings in a garage, Summit Products has grown into a company that now supplies virtually every coach manufacturer across the country. In 2022, they added a 72,000 square-foot building to their manufacturing campus in Altoona.

Today, Summit Products produces a wide range of accessories for high-end motor coaches designed to enhance the appearance while adding grace. With several new product ideas always incubating, the executive team transforms new ideas into products that customers buy.

This past year Summit Products moved the unique Matrix topper from prototype into production. The product is such a leap forward that they are expecting to add 125 jobs to support the demand. This helps everyone in the community and showcases Summit Products Inc. commitment to innovation.

Find more information on Partnership awards or sign up to learn more about DSM’s growth by subscribing to Partnership newsletters.

The Greater Des Moines Partnership is the economic and community development organization that serves Greater Des Moines (DSM), Iowa. Together with 24 Affiliate Chambers of Commerce, more than 6,500 Regional Business Members and more than 365 Investors, The Partnership drives economic growth with one voice, one mission and as one region. Through innovation, strategic planning and global collaboration, The Partnership grows opportunity, helps create jobs and promotes DSM as the best place to build a business, a career and a future. Learn more at DSMpartnership.com.

Stacie LoVan

Stacie Lovan is the Senior Vice President of Economic Development for the Greater Des Moines Partnership. She has served as President of the Professional Developers of Iowa and held positions with the Warren County Economic Development Corporation, the City of Fayette and the Pittsburg Area Chamber of Commerce.