November 16, 2024 – West Des Moines, IA – JSW Venture Holdings LLC today announced its intent to relocate operations outside of Iowa as part of an ongoing and comprehensive business review. This decision, influenced by the company’s commitment to align its environment with core values and a vision for sustainable growth, marks a pivotal step in JSW’s journey toward a stronger, more adaptable future. While the final location is still under consideration, JSW anticipates announcing its new home in the coming months.

“As we reflect on the future, it’s clear that for JSW to thrive, we must be in an environment that fully supports our aspirations and business principles,” said Zak Sheppard, President of JSW Venture Holdings. “This move will allow us to position ourselves for growth, guided by values that resonate deeply with our team and stakeholders alike. We look forward to discovering a new home that not only meets our operational needs but also aligns with our vision for a brighter and more impactful future.”

As part of this transition, JSW Venture Holdings will continue to fulfill all existing contractual and financial obligations, ensuring a seamless experience for all those connected to its business. The company remains dedicated to responsibly managing resources throughout this period of transformation, with a structured cost-management program set to reduce core expenditures over time. This approach reflects JSW’s commitment to making thoughtful, strategic choices that balance efficiency with innovation.

This relocation marks an exciting new chapter for JSW Venture Holdings. The company’s ongoing evaluation will guide its steps, helping it build a foundation for enduring success while adapting to an ever-changing landscape. JSW Venture Holdings remains committed to sharing updates on its progress and vision as it prepares to embark on this next phase.

Further developments on the relocation and the company’s strategic initiatives will be available on the JSW Venture Holdings website as they unfold.

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