Archive for February 2016
Water quality projects will receive low-cost loans
Eight Iowa cities will receive a total of $23.5 million in State Revolving Fund loans for water-quality projects, the Iowa Finance Authority said in a release. The loans will provide a low-cost financing option for …
Read MoreKemin forms new subsidiary in Russia
Kemin Industries has formed a new subsidiary in Russia where it will operate in the Special Economic Zone of Lipetsk, the Cultivation Corridor said in its newsletter. The facility, expected to be completed by spring 2017, will …
Read MoreMeredith moves into women’s clothing
Meredith Corp. and Apparel Bridge LLC have formed a retail partnership with Von Maur Department Store for SHAPE Active, a women’s active wear collection designed by the two companies. Von Maur initially will offer 11 pieces from …
Read MoreNew innovation fund to invest $25 million in Iowa startups
A new fund that would invest in Iowa startups is moving forward after receiving certification from the state, the Des Moines Register reported. River Glen Venture Partners aims to raise a pool of $25 million it would …
Read MoreForty Under 40 Alumnus of the Year: Don Coffin
Event March 2: Kickstarter founder to speak at ISU
Perry Chen, creator and chairman of the fundraising platform Kickstarter, will speak at Iowa State University’s Memorial Union at 8 p.m March 2. Chen’s presentation, the Murray Bacon Center for Business Ethics Lecture, is entitled …
Read MoreABI Foundation taking apps for Business Horizons
The Iowa Association of Business and Industry Foundation is accepting applications for Business Horizons, a weeklong program that helps high school students learn about business, teamwork, leadership and personal development. The July 17-21 session at Central College …
Read MoreLoan growth led a profitable year for Iowa banks
Residential construction loans at Iowa banks posted double-digit gains in 2015 and helped boost loan growth 6.4 percent over 2014, according to the Iowa Bankers Association. By the end of the fourth quarter, banks had …
Read MoreMedicaid managed care start date moved to April 1
Iowa’s move to Medicaid managed care was delayed for a second time on Tuesday afternoon when the federal Centers for Medicare and Medicaid Services told the state that it would approve an April 1 start …
Read MorePrincipal authorizes $400 million in stock repurchases
Principal Financial Group Inc. announced that its board of directors has approved an authorization for the repurchase of up to $400 million worth of the company’s outstanding common stock. The repurchases will be made in …
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