Des Moines

The Des Moines Branch is headed by David Fox. He is a senior member of the S3 headquarters team and, next to Cindy Pasky, is the company’s longest serving employee. His past S3 assignments include sales and staff management in the Detroit marketplace, design and implementation of the Detroit Development Center, facilities manager, legal team management, leader for call center services activities, lead for the RFP response team, production reporting automation, cash management, and branch support.

Here are some key facts about Des Moines:

  • Located near the center of Iowa, the City of Des Moines is the political, economic, and cultural capital of the state.  The city is a center of insurance, printing, finance, retail and wholesale trades as well as industry, providing a diverse economic base.  With a population of 456,000, metropolitan Des Moines provides the advantages of a big city with the atmosphere of a small town.
  • Des Moines topped the Forbes of the Best Places For Business And Careers in 2013. It is the only place that ranks among the top quartile in at least nine of the 12 metrics we graded the cities on. Highlights for the Des Moines metro area include business costs that are 17% below the national average and an educated workforce where 36% of the population has a college degree and 92% possess a high school diploma.
  • Des Moines has a strong foothold in finance and insurance. It has the highest concentration of financial services employment in the country, and employers are doubling down on the area. Wells Fargo has added more than 4,000 jobs in Des Moines over the past 10 years and recently announced a new $100 million expansion in the area. Principal Financial, headquartered in Des Moines, is putting $250 million into an expansion of its downtown campus.
  • Facebook plans to invest $300 million to build its fourth owned and operated data center.
  • Microsoft is investing $678 million to expand its existing state-of-the-art data center in West Des Moines.
  • Energy costs in Iowa are 22% below the national average, according to Moody’s Analytics.
  • The largest businesses in Des Moines include agricultural products, plastics and rubber products, processed foods, machinery and chemicals.

Source: Forbes