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NOTABLE TRANSACTIONS: Out-of-state group buys Urbandale retirement, care center

An out-of-state entity has purchased property in Urbandale occupied by the Deerfield Retirement Community, Polk County real estate records show.

IRC III LLC, located in Omaha, paid Deerfield Retirement Community $19 million for the property located …
By BPC Staff | Aug 10, 2021
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EMBARC, partners now offer Count the Kicks translations for Burma community

Data shows that Asian and Pacific Islander birthing parents in Iowa experience stillbirths at a rate of 5.4 deaths per 1,000 live births, compared with white birthing parents at a rate of 4.0 deaths per …
By BPC Staff | Aug 10, 2021
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Iowa Business Council calls for House approval after Senate passes infrastructure plan

The Iowa Business Council praised today’s passage of a $1.2 trillion infrastructure deal, saying it “represents an extraordinary investment in future growth and opportunity for Iowa and the country.” The Senate voted 69-30 to approve the bill, …
By BPC Staff | Aug 10, 2021
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Parlet named director of operations for Bank Iowa

West Des Moines-based Bank Iowa announced that Leeann Parlet has been promoted to director of operations. Under Parlet’s direction, the family-owned bank plans to streamline and ensure efficiency in all operation practices, procedures and system applications. She …
By BPC Staff | Aug 10, 2021
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Employee retention tax credit could be worth a second look this year for businesses

Iowa employers may want to take a second look with their tax adviser at whether their business might qualify for the Employee Retention Tax Credit in 2021, says Terry Merfeld, a tax partner with Eide …
By JOE GARDYASZ | Aug 10, 2021
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Residents renew calls for D.M. City Council to take action over private security contract

Des Moines Register: Despite Des Moines City Council members voicing trepidation last week over the future of the city’s contract with a private security firm after its CEO sent emails to city officials harshly disparaging participants …
By BPC Staff | Aug 10, 2021
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NAWBO Iowa launches second year of Business Institute

The Iowa chapter of the National Association of Women Business Owners is seeking applications for its second Business Institute, which is designed for Iowa women business owners who have operated their business for at least …
By BPC Staff | Aug 10, 2021
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Branstad State Fair Scholarship winners announced

Three college-bound Iowans will receive the Governor Terry E. Branstad Iowa State Fair Scholarship for 2021-22, Iowa College Aid announced. The scholarship, named for the longtime Iowa governor and former U.S. ambassador to China, recognizes outstanding Iowa …
By BPC Staff | Aug 10, 2021
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Iowa Leading Indicators Index increases, suggests employment growth

The Iowa Leading Indicators Index increased to 108.9 in June 2021 from 108.5 in May. June is the 11th month in the last 12 months that the index has increased. At this time last year …
By BUSINESS RECORD STAFF | Aug 10, 2021
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One year later, Iowa communities still recovering from derecho

Derecho damage in Marshall County as seen on Aug. 11, 2020. Business Record file photo by Emily Blobaum

The catastrophic derecho that flattened much of Iowa happened one year ago today. Cedar Rapids and Marshalltown were …
By BUSINESS RECORD STAFF | Aug 10, 2021