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Grow Iowa Foundation

Dalton Ag, Lenox, IA

After a manufacturer of fertilizer application equipment closed its doors, Richard Dalton bought the company in 1996, using a $100,000 loan from the Grow Iowa Foundation (GIF) as part of the financing. Another loan from GIF enabled him to purchase new equipment. As Dalton Ag has expanded, its staff has grown from two to thirty-two, and its sales have tripled.

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