Idaho Falls, ID Business Overview
Diverse sectors include health, steel, ag and the INL.
Diversity is the name of the game in Greater Idaho Falls, where several industry sectors contribute to the local economy. Here are some of the top movers and shakers in this strong business community.
Idaho Falls is part of a large three-state health care hub in eastern Idaho. Major hospitals include Eastern Idaho Regional Medical Center (which celebrated its 30th anniversary in 2016) and Portneuf Medical Center, both of which have Trauma II and NICU/Women’s & Infant Centers. Mountain View Hospital is a physicians-owned facility with 600 employees; other top regional facilities are Bingham Memorial Hospital and Blackfoot Medical Center.
Idaho Steel is celebrating its 100th anniversary in 2017 and continues to construct and install heavy-duty equipment for restaurants and food-processing companies all over the world. Cives Steel manufactures steel for both industrial and commercial applications throughout the northwestern regions of the U.S. and Canada, while Premier Technology Inc. in Blackfoot is a high-tech manufacturing facility for unique products and solutions from design to delivery. Spudnik Equipment Company LLC is a manufacturing facility producing agricultural equipment, focusing mainly on potato and sugar beet production, and Diversified Metal Products is a full-service nuclear and industrial manufacturing facility in Idaho Falls.
Agriculture and Food
Golden Valley Natural recently completed a $14 million capital expansion to produce natural meat products and snacks sold throughout the world, while Basic American Foods has nearly 1,000 employees who produce dehydrated potatoes and beans. Idahoan Foods, headquartered in Idaho Falls, with a processing and packaging plant nearby, produces instant mashed potatoes from famous Idaho russets. Potandon Produce leads North America as a marketer and distribution agent for fresh potatoes and onions, including the exclusive licensing rights to Green Giant brands. J.R. Simplot Company is one of the largest privately held food and agribusiness companies in the nation, with multiple facilities focusing on food products, chemicals and fertilizers. Broulim’s Fresh Foods opened a 63,000-square-foot supermarket in early 2016 in Ammon at Sandcreek Commons, complete with a sandwich bar, fresh sushi and an in-store Dairy Queen.
Idaho National Laboratory
The largest employer in Greater Idaho Falls is the Idaho National Laboratory, an 890-square-mile complex in the Eastern Idaho high desert. The INL is operated by Battelle Energy Alliance, and is the lead nuclear R&D facility for the U.S. Department of Energy. Other energy-based contractors in the region include Bechtel Marine Propulsion that operates the Idaho Naval Reactors Facility, and Fluor, the newly named contractor operating the Idaho Cleanup Project. Other subcontracting companies include North Wind, Portage, SN3 and more.
Other Top Employers
Global communications giant CenturyLink has a large presence in Eastern Idaho, not only with its business services and telecommunications coverage, but also its call centers, employing about 500 people. Melaleuca Inc. is a homegrown billion-dollar company and the largest manufacturer of consumer packaged goods in the Pacific Northwest, with a complete line of wellness products and functional foods to advance health and increase nutrition.
Idaho Innovation Center
Providing resources to small, fledgling companies and entrepreneurs is the mission at Idaho Innovation Center. The IIC leases office space to startups and provides reception service, phone systems, secretarial service, office supplies, equipment and conference rooms.