• News for Economic

    Monday, October 30, 2017
    It’s uncertain whether the Trump administration can resolve its negotiating differences with Mexico and Canada in regard to NAFTA. What is becoming clear, though, is that a failure of negotiations and a U.S. attempt to withdraw from the agreement would raise big complications and concerns, including for Midlands agriculture. First, there’s considerable debate over how much legal authority a ...read more
    Categories: Economic, News, Political
    Thursday, October 26, 2017
    The Outlets of Des Moines held a grand opening Friday for Iowa’s new $100,000,000 outlet mall. There are 60 stores to choose from, with everything from household items, shoes, and clothing. Altoona officials say they're excited to be neighbors, and expect more economic impact coming into the area to benefit everyone.FULL STORY
    Categories: Chamber, Community, Economic
    Friday, October 20, 2017
    Women make up just 22 percent of CEOs and less than 20 percent of corporate boards of directors. The executive female talent gap is real, and that’s why it’s critical to champion women throughout their careers.   Having more women in leadership helps our economy grow strong and our communities become even more vibrant. In Iowa, we’re fortunate to have a public-private initiative called the ...read more
    Categories: Economic, News, Political
    Friday, October 20, 2017
    As chairman of the Senate Judiciary Committee, one of the congressional committees investigating Russian interference in last year's election, Charles E. Grassley is in a better position than most other Republicans in Congress to tighten the screws on the Trump administration. So President Trump raised eyebrows when he telephoned the senior senator from Iowa at the end of August. The topic of ...read more
    Categories: Political, News, Economic
    Friday, October 20, 2017
    The National Fund for Workforce Solutions has awarded Central Iowa Works a three-year, $300,000 grant to support efforts in Greater Des Moines to expand opportunities in the retail sector. Greater Des Moines is one of three metro areas, along with Baltimore and Seattle, to receive the grants, which were made possible by a grant to the National Fund by Walmart Stores Inc. The grants will be given ...read more
    Categories: Economic, Education, News, Human Interest
    Friday, October 20, 2017
    Gov. Kim Reynolds said Tuesday a set of programs designed to encourage Iowans to pursue education and career training opportunities beyond high school is her "top priority" going into the next legislative session.  Among those programs she's championing is a new scholarship and grant program for Iowans who already have earned at least half the credits necessary for a bachelor's degree in a ...read more
    Categories: News, Political, Education, Economic
    Friday, October 20, 2017
    There is a lot of discussion today about some of the tools states, counties and cities use for economic development. Some of the things I hear are inaccurate. As someone who served on the board of the Tax Research Council from the 1970s through the early 1990s, who served for 10 years on the board of the Iowa Department of Economic Development in the 1990s and who today serves on the board of ...read more
    Categories: Economic, Political, News
    Friday, October 20, 2017
    In arguing for a bigger slice of the state’s funding pie, Iowa’s public universities have painted themselves as economic engines that launch companies, create jobs, generate resources for scientific exploration and monetize research. A new Board of Regents report backs that up, showing Iowa companies in the 2017 budget year generated $14.1 million in revenue as a “direct result” of research on ...read more
    Categories: News, Education, Economic, Community
    Thursday, October 12, 2017
    Last night the Community Foundation of Greater Muscatine held an award ceremony for the 20 organizations across the county that are to receive a total of $51,786. “No matter how you define community, each organization represented here today is creating our community, and a definition of home,” Shelly Maharry, associate director of the Foundation, said. “Thank you for your hard work and ...read more
    Categories: News, Economic, Community, Iowa News
    Thursday, October 12, 2017
    An Illinois-based company that owns a candy plant in southwest Iowa plans to close the facility, putting more than 250 employees out of work. Production at the Ferrara Candy Company facility in Creston will end in mid-December. The plant has been making Trolli brand Gummi Bears and other candy for more than 30 years. According to a statement from the company, the “difficult decision” to close ...read more
    Categories: Community, Economic, News, Human Interest
    Thursday, October 12, 2017
    With an election for governor coming up and with courts, universities and the state’s natural resources agency, among others, reeling from steep budget cuts and freezes, Iowa’s generosity in forfeiting tens of millions of dollars to lure more jobs is coming under the microscope. Some state lawmakers are wondering whether Iowa is giving away too much to businesses — giveaways some state ...read more
    Categories: Political, News, Economic, Iowa News
    Tuesday, October 10, 2017
    Rural Iowa is struggling. Towns and schools are shrinking. And farming, rural Iowa's historic economic mainstay, is going through a downturn that's likely to continue through next year, economists say. What can Iowa do? Iowans offered some thoughts Thursday during an event sponsored by The Des Moines Register and the Iowa Rural Development Council at the Clay County Fair in Spencer. The ...read more
    Categories: News, Community, Education, Economic, Iowa News
    Thursday, October 05, 2017
    Some Iowa industries — manufacturing in particular — could lose workers if federal protections for immigrants brought to the U.S. as children are removed, state business leaders say. President Donald Trump announced recently he will end Deferred Action for Childhood Arrivals, or DACA, a program implemented under former President Barack Obama. Under DACA, federal law enforcement officials do ...read more
    Categories: Community, Economic, News
    Thursday, October 05, 2017
    The biggest difference between Altoona's newest data center and its biggest data center is pretty simple.  "If you were to show up on Facebook's doorstep and say I want to put (my company's information) in your data center — they don't do that," said Jeffrey Springborn, LightEdge Solutions' chief operating officer. "We do that. They're two completely different models." Just off of Interstate ...read more
    Categories: News, Economic, Community, Iowa News
    Thursday, October 05, 2017
     Apple CEO Tim Cook told Iowa officials “we admire what you guys have accomplished” in creating an environment to attract job-creating companies like Apple and Amazon to the state.  The head of Apple Inc. stood on the steps of the Iowa State Capitol this summer and delivered the kind of speech that makes some Minnesotans wince. In glowing terms, Apple CEO Tim Cook described how Iowa persuaded ...read more
    Categories: Iowa News, Economic, News
    Wednesday, October 04, 2017
    The governors say the key to producing skilled workers starts in the classroom. They want to see students excel in science, technology, engineering and math, and then go on to receive a higher education. “A coordinated effort with education workforce, economic development, really helping workers get the skills that they need to be successful. Again, help meet the need of business and industry ...read more
    Categories: News, Education, Economic, Iowa News
    Wednesday, October 04, 2017
    Like our cellphones, the world is continuously “updating” and advancing further into a more technologically based system. In order to remain up-to-date, Iowa’s STEM advisory council works to connect educators and business leaders across the state to move the state forward through STEM programs. STEM (science, technology, engineering and mathematics) has become extremely important in today’s ...read more
    Categories: Economic, Education, News
    Wednesday, October 04, 2017
    For weeks, Angela Harrington had been getting the same question: when would the Hotel Grinnell open? That answer is now. In an effort spanning at least 10 years, city leaders and Harrington had been trying to figure out how to open a hotel downtown. After the City Hall moved out, things began to fall into place, including an investor partner and some assistance from a state program. “The ...read more
    Categories: Human Interest, News, Community, Economic, Iowa News
    Monday, October 02, 2017
    Amazon's announcement last week that it would open a second North American headquarters sparked a national competition among states and cities looking to secure one of the largest economic development projects in history. The new headquarters would not replace the current company base in Seattle. But it promises to deliver as many as 50,000 jobs that on average pay more than $100,000 per year. ...read more
    Categories: Iowa News, Economic, News
    Wednesday, September 27, 2017
    The Iowa Transportation Commission approved grants and loans for three rail development projects at its meeting today. DOT Rail Development Manager Laura Hutzell says a rail project in north Iowa to bring freight service to Clear Lake was awarded a loan of $655,000. “It actually goes from Emory, Iowa to Clear Lake, Iowa. There’s a rail line up there that is doing some rehab. There’s a section ...read more
    Categories: Iowa News, News, Economic
    Wednesday, September 27, 2017
    Omaha, the largest city in Nebraska, sits on the state's eastern border. Head west on I-80 for 45 minutes and you'll hit Lincoln, Nebraska's second largest city. Both cities have burgeoning tech-startup scenes, are raising capital and funding, and are making impressive contributions to the Silicon Prairie as a whole.  But what the two cities haven't figured out yet is how to work together to ...read more
    Categories: Economic, Education, Community, News
    Monday, September 25, 2017
    Five months after Johnson County's first-in-the-state minimum wage increase was nullified by the Iowa Legislature, many employers are still paying higher wages.  Peter Fisher, a researcher at the nonprofit Iowa Policy Project, said there is a combination of reasons leading businesses to continue paying higher wages despite the law change. Those could include the social benefits of publicly ...read more
    Categories: Economic, News, Iowa News
    Thursday, September 07, 2017
    One school bond issue on the ballot September 12th will go before voters in seven different counties. That’s the $60-million dollar request by Kirkwood Community College in Cedar Rapids to extend an existing levy. Voters first approved the Kirkwood bond back in 2005. It was renewed in 2012. The request is renewal of a 25 cent per $1,000 of valuation levy on property taxes for voters in Linn, ...read more
    Categories: Economic, Education, Community, Iowa News, News
    Thursday, September 07, 2017
    With Facebook, Google, Microsoft and now Apple, the blue-chip tech names are starting to stack up in Iowa. The state has attracted billions in new data center investments over the last decade, most recently with Apple's announcement of a $1.4 billion data center planned for Waukee. Data centers deliver big capital investments and fuel short-term employment in construction. But once online, the ...read more
    Categories: News, Iowa News, Economic
    Thursday, September 07, 2017
    After a tornado wrecked McGregor’s historic downtown area in July, most local businesses have recovered and are looking forward to the fall tourism season. Kristie Austin is executive director of the McGregor-Marquette Chamber of Commerce. She says McGregor is ready for the fall tourism season, and it will be very important for local businesses. "The two business buildings that were severely ...read more
    Categories: Economic, Iowa News, Human Interest, News, Travel
    Thursday, September 07, 2017
    A rail relocation project in Council Bluffs has been named a finalist for a national transportation award. The $23 million project -- which was a part of the larger Council Bluffs Interstate System Improvement Program -- is one of 12 projects nationwide that was named as a finalist for the 2017 America's Transportation Awards sponsored by the American Association of State Highway and ...read more
    Categories: Iowa News, News, Economic
    Thursday, August 31, 2017
    Ground breaking step into the futureEW Nutrition invests in new manufacturing facility in Adel, Iowa, USAHigher production volume and new production linesAdel, Iowa August 2017: With the official ground breaking ceremony for a new production plant EW Nutrition USA continues its successful development from the previous years. On WednesdayAugust 23, 2017 the construction phase for the new ...read more
    Categories: Press Release, News, Economic, Community
    Thursday, August 31, 2017
    Beginning Jan. 1, unemployment insurance taxes for Iowa employers will decrease an average of 25 percent on 2018 wages, according to Iowa Workforce Development. The agency said the decrease is a result of the strength of the unemployment insurance trust fund, unemployment contributory wages and target levels of the unemployment insurance contributory wages.See the full article on ...read more
    Categories: Economic, News
    Thursday, August 31, 2017
    With competition for talent at a fever pitch, companies like Grinnell Mutual, Hy-Vee Inc. and others are adding perks to attract and retain highly sought after tech workers. The pool of qualified applicants is smaller than the growing number of tech jobs in Iowa and across the nation. LOOK INSIDE: Hy-Vee's new offices are unlike anything you've ever seen Computer-related jobs account for ...read more
    Categories: News, Iowa News, Economic
    Thursday, August 31, 2017
    In exchange for nearly $208 million in state and local tax breaks, the technology giant Apple has agreed to build two new data centers on 2,000 acres of Iowa land — a project that would create just 50 permanent jobs.   This isn’t a deal about workers, though. At least, not directly. At a time when government officials are partnering with companies to boost employment, Apple’s agreement with ...read more
    Categories: Economic, Community, News, Iowa News
    Thursday, August 31, 2017
    It’s changed the face of central Cedar Rapids, driving post-flood development in the New Bohemia and Kingston neighborhoods with new and reclaimed properties. In Iowa City, its backers see it as a way to downtown vitality. “From a community’s point of view, you get a more broad-based neighborhood,” said B.J. Hobart, managing member and co-owner of Hobart Historic Restoration of Cedar ...read more
    Categories: Iowa News, News, Community, Economic
    Thursday, August 31, 2017
    The Iowa Economic Development Authority board recently approved direct financial assistance and tax benefits to five companies that will result in 62 new jobs across the state. Earlier this month, the Iowa Economic Development Authority (IEDA) board awarded direct financial assistance and tax benefits to five companies for job creation and expansion projects. These awards will assist in the ...read more
    Categories: Economic, Community, News, Iowa News
    Thursday, August 31, 2017
    MILFORD, Iowa — GrapeTree Medical Staffing plans to add 200 to 300 jobs as part of a $20 million expansion of its Milford headquarters. Gov. Kim Reynolds joined company officials Tuesday night for the announcement, which comes a week after GrapeTree was named one of the fastest growing private companies in America by Inc. magazine. In a release,  said the company is excited to expand in ...read more
    Categories: News, Community, Economic
    Thursday, August 31, 2017
    Iowa City-based IDx knows the importance of keeping tech talent in Iowa. The medical device company is entering into clinical trials for their AI technology that automates the detection of diabetic retinopathy in diabetes patients. If the trial is a success and IDx becomes a leader in AI medTech, they’re going to have to scale up their team of 20. As they look ahead towards the possibility of ...read more
    Categories: Economic, Community, News
    Thursday, August 31, 2017
    From the U.S. Chamber of Commerce website FreeEnterprise.com This month, we’re introducing some of America’s most inspiring entrepreneurs by interviewing all 18 finalists for this year’s Dream Big Small Business Awards. The awards program honors the achievements of some of our nation’s most remarkable small business owners and celebrates their contributions to the American economy. We’ll be ...read more
    Categories: News, Iowa News, Community, Economic
    Thursday, August 24, 2017
    In the hunt for a new Toyota manufacturing plant, Iowa officials submitted several potential sites for the Japanese automaker to consider. But many signs point to one eastern Iowa location. Earlier this month, Toyota and Mazda announced plans for a giant, joint-venture factory, immediately sparking a competition among states hoping to land the $1.6 billion project, 4,000 jobs and satellite ...read more
    Categories: Economic, News, Iowa News
    Thursday, August 24, 2017
    Spirit Lake has been the home of Indian athletics for generations. Now, a local manufacturing plant aims to make Spirit Lake the home of Indian Motorcycles. Amid the noise of outside construction and factory production, the newly opened Experience Center on the eastern side of the Spirit Lake Polaris plant is a calm showcase for the Indian Motorcycle brand. Spirit Lake became the main assembly ...read more
    Categories: News, Economic, Chamber, Community
    Thursday, August 24, 2017
    Sukup Manufacturing Co. will open an office location in the Iowa State University Research Park in Ames, Iowa, U.S. The office will be open after Sept. 1. “Sukup Manufacturing has experienced tremendous growth in recent years, which has created the ideal time to grow in locations,” said Charles Sukup, company president. “We view opening this new office in Ames as an opportunity to capitalize on ...read more
    Categories: Economic, News
    Wednesday, August 23, 2017
    The Story County Consortium, which consists of the seven school districts of Story County and Boone Community Schools, has worked in cooperation with DMACC, the Ames Chamber of Commerce and Ames Economic Development Commission and multiple Story County businesses, to develop and establish shared STEM related programming for high school juniors and seniors. The SCALE Program will be offering high ...read more
    Categories: Iowa News, News, Community, Economic
    Wednesday, August 16, 2017
    Iowa Secretary of State Paul Pate said in a press release there have been a record amount of new business filings during the recent fiscal year. In Ottumwa, the news has been mixed: Two major retailers left town during the past 12 months. Department stores and other big chains have closed locations around Iowa. But there were multiple smaller stores that opened here.  "It's the small ones that ...read more
    Categories: Economic, Community, News, Iowa News
    Monday, August 14, 2017
    After many years of exodus from downtowns, communities of all sizes are re-envisioning their core retail, cultural, historical and housing districts and pouring resources into revitalizing the city centers. Why? Because a lively downtown is a major quality of feature, and continues to be the heartbeat of a healthy community.The Boone County Chamber of Commerce staff is spending much of our time ...read more
    Categories: Iowa News, News, Economic
    Wednesday, July 19, 2017
    Northwest Iowa cities put final touches on RAGBRAI plans            Day One of RAGBRAI will see roughly 25,000 riders, friends and family members descending upon Orange City, then riding to Spencer. Handling that onslaught of people means preparations are high in those two towns. While organizers in both say things are on track, volunteers are still needed in a final push.Spencer, population ...read more
    Categories: Community, Economic, News, Iowa News
    Wednesday, July 19, 2017
    Bringing investments to Downtown DavenportDowntown Davenport Partnership helps keep area growingThe Downtown Davenport Partnership is a division of the Quad Cities Chamber of Commerce that's dedicated to building momentum to growing Downtown Davenport's economy. The area saw 62.5 million dollars in completed projects last year, with more than 108 million dollars under construction and 53 million ...read more
    Categories: Iowa News, News, Economic
    Wednesday, July 19, 2017
    A Democratic congressman from Iowa has announced a $400,000 federal grant awarded to the Ottumwa Regional Airport. Rep. Dave Loebsack says the grant comes from the U.S. Department of Transportation's Federal Aviation Administration. The funding will be used for the reconstruction of 6,500 feet of the existing runway pavement that has reached the end of its useful life. Loebsack says improving ...read more
    Categories: Economic, Iowa News