Archive for June 2010
Grimes presents latest draft of comprehensive plan
The city of Grimes last month rolled out the most recent draft of its proposed Comprehensive Plan, which is intended to be a roadmap for economic development as the city’s population grows.
As economic demand …
Casey’s board to consider $1.85 billion tender offer
Alimentation Couche-Tard Inc., Canada’s largest convenience store operator, announced this morning it has launched a cash tender offer of $36 per share in a takeover bid for Ankeny-based Casey’s General Stores Inc., as Couche-Tard attempts …
Read MoreDownsizings return to pre-recession levels
The pace of downsizing by U.S. companies was virtually unchanged in May, as employers announced plans to cut 38,810 jobs from their payrolls during the month, according to a report by Challenger, Gray & Christmas …
Read MoreTicker: June 2
Monrovia, Calif.-based Trader Joe’s will open in West Des Moines, a spokeswoman with the privately held chain of specialty grocery stores confirmed today. Alison Mochizuki said Trader Joe’s will open a 12,200-square-foot store at the …
Read MoreMarket District
Bruce Lefkow, Builder’s Kitchen and Supply Co. & Mark Allen, A.J. Allen Mechanical Contractors Inc. discuss the impact of the proposed downtown Market District as the extension of Martin Luther King Jr. Parkway brings attention …
Read MoreTrader Joe’s confirms West Des Moines location
Monrovia, Calif.-based Trader Joe’s will open in West Des Moines, a spokeswoman with the privately held chain of specialty grocery stores confirmed today. Alison Mochizuki said Trader Joe’s in 2010, will open a 12,200-square-foot store …
Read MoreTicker: June 1
The acquisition of Iowa Telecommunications Services Inc by Windstream Corp. is now complete, the Windstream announced Tuesday. Windstream paid $260 million in cash in the aquisition, along with paying off $613 million of Iowa Telecom …
Read MoreConstruction spending on the rise
U.S. construction spending rose to an annual rate of $869.1 billion in April, a 2.7 percent increase from March, but is still down 10.5 percent from April 2009, according to numbers released today by the …
Read MoreIowa Business Council finds improved outlook
The Iowa Business Council announced this morning that its Overall Economic Outlook Survey Index (OSI) is up eight points for the second quarter of 2010, an indication that Iowa businesses are remaining resilient during tough …
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