NorthIowaToday.com

Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Insider tells about I.C. System

IC System in Mason City

MASON CITY – There are some out there spreading the word that I.C. System is leaving Mason City as a part of some kind of payback to the city after it forced the company to live up to its end of the deal on an incentive package born in 2003.

These same people are saying that Mason City is losing 95 jobs, and that most of the layoffs at the company won’t come for awhile.

Insiders are telling NIT that this is not the case.

NIT is told that there are not 95 people working at I.C. System at this time.  “More like 40 or 50, tops,” said a woman who was released from her employment there this week.  “My last day, I looked around, the room was half full or less.”

“They let me and two other people go this week and 12 people were let go last week,” she said.

NIT is further told that the real reason IC Systems is leaving Mason City is that “business is down.  Companies are keeping their debt collection in-house instead of coming to us.”

I.C. System has blamed “downturns in the economy” for it decision to consolidate its operation and close the Mason City office.

I.C. System’s office is located at 858 Calmus Ct. in Indianhead Park in Mason City. According to its website, “the company relocated there from the First Citizens National Bank west office complex in 2003 to accommodate expansion. I.C. System began its Mason City operations in April of 1989 with eight employees working out of a small, downtown building.”

The city, in 2007, held I.C. System accountable for not hiring 200 new employees within 5 years as it had promised to, as part of an incentive package from the city to help it relocate.  An I.C. System executive presented a check to the city in 2007, as the city required, for failing to live up to its end of the bargain.

It appears that IC System was never going to reach that 200 job mark.

I.C. System only made it to 104 of the required 200 jobs in that famous deal where then- I.C. System manager and later Eric Bookmeyer mayoral campaign member Scott Bultje presented a check to the city for about $177,000.  “We no longer have any obligation to the city of Mason City,” Bultje told the city council in 2007.

In a related matter, I.C. System, based in St. Paul, Minnesota, was fined $65,000 in 2011 by that state for “misconduct.”

0 0 votes
Article Rating
Subscribe
Notify of
guest

11 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

Even more news:

Watercooler
Copyright 2024 – Internet Marketing Pros. of Iowa, Inc.
11
0
Would love your thoughts, please comment.x
()
x