SIOUX CITY | After hitting a brief snag in relocating its Sioux City operations, Time Management Systems is ready to move forward with construction of its new building this spring.
"We're still hoping to break ground as soon as the ground thaws," said Jennifer Vanderloo, co-owner, vice president and CFO of the business, which traces its Sioux City roots to 1975.
The company has an accepted offer on a lot at 4050 Stadium Drive and is reviewing it to make sure the site will accommodate building plans. The company had hoped to have construction already started at another lot on Stadium Drive, but discovered that site was not large enough, necessitating the purchase of a larger site, Vanderloo said.
Vanderloo said she hoped construction of the nearly 5,000-square foot building could be completed by late summer, at which time all employees and services will be moved from a building the company currently leases at 3220 Line Drive. The new site will relieve crowded conditions that have made expansion difficult.
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"It'll allow us the growth for our employees to better serve our customers," Vanderloo said.
The $600,000 project, aided by a $75,000 tax credit from the Iowa Economic Development Authority, is expected to add seven new jobs to the company, which provides time and attendance solutions, both hardware in the form of time clocks that employ different types of scanning technology to time card software that can be customized and programmed to fit companies of any size. The company also provides door access systems.
The new building will double the size of the Sioux City site, which houses administrative services and technical support. Currently there are eight to 10 workers in Sioux City, but there's no room to put more workers. The new location will accommodate continued growth, Vanderloo said.
"It'll better allow us to deal with our customers," she said.
That growth included the opening five years ago of a site in Sioux Falls that serves as the company's headquarters. Despite that South Dakota location, Time Management Systems has a long history in Sioux City.
Vanderloo's parents, Tom and Carol Rademacher, opened Midwest Typewriter Co. in 1975 on Nebraska Street. As the company evolved, its name changed to Midwest Office Automations when it began selling copiers and printers and developed the time and attendance division. It also moved to Gordon Drive before landing at its current site at Line Drive.
Eventually, the Rademachers sold off the copier division and split off the time and attendance division to create Time Management Systems. In 2013, the Rademachers sold the company to Vanderloo and her sister, Melinda Kroll.
Vanderloo said Time Management Systems continues to look at opportunities to add to or expand its time and attendance services.
"We're expanding now what we currently offer," she said.
