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NEWS RELEASE

Consumers Energy
2908 S. Center St.
Marshalltown, IA 50158
800-696-6552

Release Date: Immediate

Contact: Brian D. Heithoff @ 641-752-1593

Consumers Energy: New Owner of Midland Transportation Site

Consumers Energy Cooperative of Marshalltown, Iowa is the new owner of the Midland Transportation site located at the intersection of Highways 30 & 330, West of Marshalltown. "I am excited for the Cooperative and our members. Consumers Energy was able to purchase a site that allows us to serve our members and customers from a centralized location in our market area. Additionally, we were able to obtain 25 acres of land that we believe creates an opportunity for commercial development at some point in the future. It is just a great location for the coop and our members," said Brian Heithoff, CEO/General Manager.

The new site of Consumers Energy will be more centrally located in relation to the entire membership, which will enable the Cooperative to provide better service and be more accessible to a greater part of its membership. The new site also places the Cooperative in closer proximity to the portion of its market area experiencing the most growth —West and Southwest of Marshalltown. "Since serving our members and customers is the focus of all we do, it only makes sense to become as centrally located as possible," said Heitfhoff.

Although Consumers Energy had just begun to discuss its long-term facilities plan, the committee's desire was to move somewhere around the Midland Transportation area due to its central location in its market area. Then news traveled about the auction of the Midland site. "Our plans just moved along a little faster than we had originally thought. We knew it was a great opportunity for our membership especially when we looked at the numbers. Although the building is not exactly how we would have built it if constructing a new facility, from a financial aspect Consumers Energy has a lot less capital invested," said Heithoff.

Consumers Energy has plans to remodel the old Midland Transportation site. Prior to any remodeling, the building will need to be cleaned out due to items left behind by the Midland company. Once details for the remodeling effort become finalized, a local contractor will begin to remodel the new Consumers Energy site. While no definite plans have been made, it is currently the intent of the Cooperative to sell its site on Center Street and relocate to its new building sometime within the next year. Plans have been made to incorporate several energy efficiency measures to the new Consumers Energy site such as updates to the lighting systems and better insulation, demonstrating the Cooperatives commitment to energy efficiency and energy management.

Consumers Energy is a local, member-owned energy delivery and energy management cooperative serving its members since 1938. The Cooperative is located on South Center Street in Marshalltown, Iowa and has an outpost located in Nevada, Iowa that services the western portion of its service territory. Today, Consumers Energy serves over 4900 members in Marshall, Tama, Story, Jasper, and Polk counties.