Davenport Economy

The Davenport economic picture is one of transformation. As manufacturing jobs specialize or head overseas, service industry jobs rise to take their place. Although small businesses make up the backbone of any local economy, a few employers stand out as major contributors to the economic livelihood of Davenport.

Major Employers in Davenport

Rock Island Arsenal

The Arsenal is a major player in Davenport’s economy as well as the economy of the Quad Cities as a whole. Over 6,000 workers perform essential duties at the Arsenal, adding over a billion dollars in wages and other economic benefits to the area.

ALCOA

The Aluminum Company of America (ALCOA) operates over 30 factories worldwide, including a flat-rolled products site in Davenport, IA. The 130-acre Davenport ALCOA plant is responsible for producing flat rolled aluminum sheets used in aerospace products, building and construction materials and automotive construction. Established in the Quad Cities in 1948, the aluminum processing giant is one of the major employers not only in Davenport, but in the entire Eastern Iowa region.

Davenport Community Schools

Over 2,200 people work for the Davenport Community School District serving the needs of over 15,000 enrolled students. Each year, the Davenport schools pump over $160 million into the local economy, mostly in the form of salaries and benefits paid to employees.

Kraft Foods-Oscar Meyer/Nestle Purina Pet Care

The Davenport branch of Oscar Meyer foods produces Lunchables, bologna and other cold cuts. The factory, located on the Mississippi waterfront, is a major employer in the Davenport area. Purina Pet Care, a subsidiary of Nestle Foods, also operates a factory along the riverside.

Genesis Health System

Genesis Health System is one of two major health care companies in the Quad Cities. More than 5,000 Quad Cities residents are employed at one of the Genesis campuses in Davenport, Bettendorf, De Witt and other locations. Most of these employees—about 1,300—work at one of the Genesis locations within Davenport city limits.

Tourism

Whether folks are coming to have fun in one of the riverboat casinos, or looking for antiques in the Village of East Davenport, tourism is a welcome part of the economy of Davenport, Iowa.