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Economic Development

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Entertainment potential seen in warehouse near Riverview Park

Imagine this: On a warm summer’s day, you ride your bicycle on the Neal Smith Trail that hugs a portion of the Des Moines River and just past Sixth Avenue, you veer north, taking a spur …

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Iowa’s nonfarm employment reaches record high

Iowa businesses added 8,300 jobs in January, raising the state’s total nonfarm employment to a record high 1,591,300, Iowa Workforce Development reported today.

Nearly 47% of the jobs added, or 3,900, were in construction, the …

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$26.88M goes to Destination Iowa projects, an additional $15M for rural Iowa

Iowa Gov. Kim Reynolds and the Iowa Economic Development Authority announced a $26.88 million grant funding for the final round of Destination Iowa, a $100 million investment in quality of life and tourism attractions. A …

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A Closer Look: Carl Gordulic

Acquisitions have been a common occurrence during Carl Gordulic’s career. 

Based in Youngstown, Ohio, he started as chief financial officer for Cedar Rapids-based Involta in January following the acquisition of Involta by Carlyle Group in …

ReShonda Young

Iowa’s first black-owned bank is making change

For the last two years, ReShonda Young has been in the process of opening the first Black-owned bank in Iowa. Young had opened her own businesses before — she founded and franchised the successful gourmet …

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Enhance Iowa Board awards $1 million CAT grant to Waterloo

The Enhance Iowa Board has awarded a $1 million Community Attraction and Tourism grant to transform two city parks in Waterloo. The Transforming Gates and Byrnes Parks Project has a total project cost of $16.9 …

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IBC’s Competitive Dashboard shows state’s resilience behind strong manufacturing performance

Iowa saw an 11% growth in its gross state product in 2022, indicating the state’s continued resilience coming out of the pandemic, according to the Iowa Business Council’s annual Competitive Dashboard report released today.

The …

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Labor shortages, supply chain disruptions still concerns as economy expands

Iowa’s economy expanded in February as fears of recession lingered, according to a monthly survey of supply chain managers.

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Creighton University’s Mid-America Business Conditions Index for Iowa rose to 53.2, up from 47 …

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Floor in downtown’s 801 Grand office tower to be converted to fitness center, other spaces

Principal Financial Group will adapt the 19th floor at 801 Grand to better meet the needs of current and future tenants, company officials said in a statement released to the Business Record.

The 19th floor …

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Iowa ag secretary leading trade mission to Japan, South Korea

Iowa Secretary of Agriculture Mike Naig is currently leading a 16-member trade mission delegation to Japan and South Korea, aimed at expanding trade and investment opportunities in the food and agriculture industry, according to a …