Major Industry

  1. Gates Corporation
  2. Russell Stover's Candies
  3. Columbia Metal Products
  5. Cameron International
  6. Sonic Equipment Company

In 1974, Gates Rubber, one of the country's largest privately owned companies, optioned 94 acres from Iola Industries and the City to build a $26 million dollar plant.

The original goal of 300 employees has been met and surpassed. The Iola Division is consistently among the most efficient of the Gates domestic and international manufacturing plants.