Fidlar Technologies – Business Expansion

Doing-it-in-Davenport_Black

350 Research Parkway

Total Investment: $4 million
Public Investment: 60 percent TIF rebate over 15 years totalling $1.26 million (city), $336,000 direct financial assistance (state), $63,000 sales, service/use tax from Iowa High Quality Jobs Program
Projected jobs created: 4 new IT positions at market-competitive salaries, 44 retained with average salary of $68,000 per year

Fidlar Technologies new headquarters

Fidlar Technologies – a Quad-Cities based seller of land record software and services for local government – held an official ribbon cutting for their new $4 million headquarters in north Davenport Wednesday. The visually appealing building, built in the Prairie style, is located in the Iowa Research, Commerce & Technology Park just north of Interstate 80.

The company had outgrown its leased headquarters in Rock Island, and was contemplating moving out of the Quad-Cities. However, the Davenport location with its proximity to the interstate while still having plenty of space and a wooded lot, were attractive, co-owner Dave Steil said.

A modern, eye-catching design was needed to help recruit top-end talent, he added. Fidlar primarily hires IT-related employees, and offers the kind of competitive wages and benefits the City is hoping to attract in new businesses, said Mayor Bill Gluba, who participated in the ribbon cutting.

Mayor Bill Gluba assists Fidlar co-owners Dave Steil and Ernest Riggen with ribbon cutting duties.

Mayor Bill Gluba assists Fidlar co-owners Dave Steil and Ernest Riggen with ribbon cutting duties.

Fidlar has been in the document recording and management industry since 1854. At its founding, the company provided books and ledgers for its recording clients. Fidlar was among the industry leaders in adopting computing technology, offering software solutions in the early 1980s and releasing a Windows-based product in 1991. The company remains at the forefront of technology in the recording industry.

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