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Radio Iowa » Business
4h ago
The Creighton University survey of manufacturing supply managers for Iowa and eight other states was above growth neutral for April after two straight months below the mark. Creighton University economist Ernie Goss oversees the survey. “The overall Index rose to its highest level since September of last year, and of course that’s a good sign ..read more
Radio Iowa » Business
4h ago
A company in Wisconsin has acquired a business in New Hampton that’s a major supplier to America’s leading motorcycle manufacturer, Harley-Davidson. ATEK Metal Technologies employs 220 people in New Hampton. ATEK, a family-owned company, has specialized in complex aluminum castings used in the aerospace, trucking and defense industries. It’s being purchased by WAF — Wisconsin ..read more
Radio Iowa » Business
4h ago
Environmental groups and experts say a new study shows serious health issues surrounding two coal-fired plants operated by MidAmerican Energy in northwest Iowa just south of Sioux City. Josh Mandelbaum is with the Environmental Law and Policy Center. “We know that these plants are massive carbon polluters. They’re impacting the climate, but on a local ..read more
Radio Iowa » Business
3d ago
The U.S. Labor Department says a Tennesse-based cleaning company will pay $649,000 in penalties for employing children at facilities that included the Sioux City Seaboard-Triumph pork plant. An investigation earlier this year found that children, some as young as 13, were put on overnight sanitation shifts at the Sioux City plant and Perdue farms facility ..read more
Radio Iowa » Business
2w ago
Developers of a northwest Iowa wind farm plan to erect 18 turbines in Emmet County. The Red Rock Wind Energy Center project is being scaled back in neighboring Dickinson County, though, as officials consider changes to Dickinson County’s wind turbine ordinance. Joe Crowley is project developer for Invenergy, the company building the wind farm. “We’ve ..read more
Radio Iowa » Business
2w ago
The unemployment numbers for March are out and Iowa Workforce Development Executive Director Beth Townsend says things are holding steady. “Pretty stable from last month it’s down a little bit from the revised February number of 3.0% down to 2.9 in March, which is a good sign,” Townsend says. The workforce participation rate dropped slightly ..read more
Radio Iowa » Business
3w ago
The West Des Moines-based Hy-Vee grocery store chain is acquiring a chain in Indiana. Hy-Vee announced it is in the process of acquiring the Strack & Van Til Food Markets which has 22 stores throughout northwest Indiana. The company says Strack & Van Til has approximately 2,800 employees and will maintain its name and operate ..read more
Radio Iowa » Business
3w ago
The Iowa legislature has voted to create a program that would offer state tax credits and sales tax rebates for businesses that are making a more than $1 billion capital investment in Iowa. It’s called the “Major Economic Growth Attractions” or “MEGA” program. “These projects are rare,” Senator Dan Dawson of Council Bluffs said when ..read more
Radio Iowa » Business
3w ago
The Hoosier State is now banking on its own Caitlin Clark Effect, as the Indiana Fever is expected to pick the University of Iowa star basketball player during Monday’s WNBA draft. Dr. Cathy DuBois, dean of the College of Business at Ball State University in Muncie, says Clark is an absolute national phenomenon and the ..read more
Radio Iowa » Business
1M ago
A northwest Iowa company has launched an expansion that will more than double its manufacturing capacity and bring 60 more employees into the company once the project’s done. Maintainer Corporation has a small plant in Rock Rapids and two facilities in Sheldon. Shelley Morris, the company’s president, says they’re adding nearly 31,000 square feet of ..read more