Italian Firm Buys Perry Land for Facility | Business News
ADR axles USA, backed by Italian firm ADR S.p.A., is making a important move, investing $14.6 million in a new production facility in perry, Iowa. This strategic purchase of over 10 acres in the Perry Industrial Park for $504,450 underscores the company’s commitment and boosts the agricultural equipment supply chain, with ADR Axles producing critical components for industry leaders such as John Deere. Also, Browns Shoe Fit Co. expands its operations in Dallas Center. The firm paid $435,600 for additional land, furthering its commitment to on-site training and warehouse expansion. Beyond these major deals, various real estate transactions fuel growth in Dallas and Polk counties, as reported by News Directory 3. Discover what’s next for these businesses and the local economy.
ADR Axles USA Expands Perry Operations; Browns Shoe Fit Grows
Updated May 28, 2025
ADR Axles USA is expanding its presence in Perry, iowa, with a new production facility.The company, an affiliate of ADR S.p.A. of Italy, paid Perry Economic Development Inc. $504,450 for more than 10 acres in the Perry Industrial Park. Dallas County records show the transaction was recorded may 21.
The $14.6 million project will bring a 54,000-square-foot facility to the area. ADR axles produces axles for farm equipment manufacturers, including John deere and kinze Manufacturing. This investment highlights the ongoing economic development in Perry and the growing importance of ADR Axles USA in the agricultural equipment supply chain.
Browns Shoe Fit Co., headquartered in dallas Center, is also growing. The company paid 44 investments LLC $435,600 for a 2-acre parcel at 608 Sugar Grove Ave. in Dallas center. The acquisition,recorded May 22,abuts property Browns Shoe Fit acquired last fall.
Cammie McKenzie, president of Brown’s Show Fit Co., previously indicated that the relocation to dallas Center would facilitate the development of an on-site training facility and warehouse expansion. This latest purchase further solidifies the company’s commitment to the area and its plans for future growth.
In Polk County, several other notable real estate deals were recorded:
- JJR Holdings LLC and SRM Holdings LLC, both of Ankeny, acquired a shopping center at 15920 Hickman Road in clive for $2.7 million.
- Jack Kenney and Diana Ayala purchased a house on Lake Shore Drive in Clive for $1.2 million.
- 319 Washington LLC of Ankeny bought a warehouse in Bondurant for $3.3 million.
- 5820 Winwood dr LLC, based in Florida, acquired a former hospice facility in Johnston for $4.8 million.
- F5 Holdings EG LLC of Cedar Rapids purchased properties on E. Ovid Ave. in Des Moines for just over $1 million.
What’s next
these real estate transactions reflect ongoing investment and development across Dallas and Polk counties. The expansion of ADR Axles USA and Browns Shoe Fit Co. signals continued economic growth in the region, while the other property deals indicate a vibrant real estate market.