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On the Move: Week of Oct. 20

Laura Sprague, APR
Flynn Wright
Hired as director of public relations
lsprague@flynnwright.com

Austin Kennedy
Wright Service Corp.
Promoted to president and CEO
akennedy@wrightservicecorp.com

ShaRee Schnitker
Wright Service Corp.
Promoted to vice president, marketing and communications…
By Business Record Staff | Oct 20, 2023
unemployment

Iowa’s unemployment rate ticks up to 3%

Iowa’s seasonally adjusted unemployment rate in September increased slightly to 3%, the second straight month the rate has increased, Iowa Workforce Development reported today. In addition, Iowa’s labor force participation rate was 68.6% in September, …
By Business Record Staff | Oct 19, 2023
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Regional banks’ preliminary Q3 earnings reports show mixed results

Several regional banks reported mixed profits but more stable deposits in third-quarter earnings reports released Wednesday and Thursday, according to the Wall Street Journal.

U.S. Bancorp and Citizens Financial reported sliding profits from a year …
By Business Record Staff | Oct 19, 2023
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Luxury condo project proposed in West Des Moines

An area developer is proposing to build a 28-unit, owner-occupied condominium project on an 8-acre tract located on the west side of South Jordan Creek Parkway, about one-half mile north of Booneville Road. The condo…
By Kathy A. Bolten | Oct 19, 2023
Vibrant Music Hall logo

Vibrant Music Hall to host Community Party in support of local nonprofit organizations

Vibrant Music Hall is going to host a Community Party on Tuesday with live entertainment from local artists and an opportunity for visitors to get an inside look of the new Waukee venue. The event, …
By Business Record Staff | Oct 19, 2023
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3 speakers set to inspire at Fearless Annual Celebration

Three Fearless Iowa women, from left: Heidi Ernst of Marshalltown; Abigail Johnson of Blue Grass; and Monique Scarlett of Sioux City will speak at the Business Record’s annual Fearless celebration, which will take place from…
By Emily Barske Wood | Oct 19, 2023
Drake logo

Drake forum will focus on identifying, measuring, managing risk

The Drake Risk and Opportunity Forum on Oct. 26 and 27 will allow participants to connect and learn from professionals managing risk in financial and non-financial organizations. Discussion topics for the forum include exploring artificial …
By Business Record Staff | Oct 18, 2023
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Local competitors raise more than $120,000 during Wild Prairie Showdown

The Great Outdoors Foundation and ICON Water Trails announced that the third annual Wild Prairie Showdown on Oct. 12, presented by Bolton & Menk, raised more than $120,000 for conservation and outdoor recreation initiatives. The …
By Business Record Staff | Oct 18, 2023
Livestock breeding. The farm pigs.

German agtech company establishing U.S. headquarters at ISU Research Park

BioCV, a Bochum, Germany-based software company, has announced it will establish its U.S. headquarters at the Iowa State University Research Park. The company developed a livestock monitoring solution, which enables continuous monitoring of animals and …
By Business Record Staff | Oct 18, 2023
McAninch logo

Des Moines-based contractor McAninch shifting to employee ownership

McAninch Corp., a Des Moines-based excavating and earthmoving contractor, has announced it has changed to employee ownership after 56 years as a family-owned company.

McAninch CEO Doug McAninch said in a news release that the …
By Business Record Staff | Oct 18, 2023