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Manufacturing

Deere reports 9% sales decline for Q3, $600M FY2025 tariff costs

In its third quarter earnings call, Deere & Co. reported a 9% decline in net sales to $12.018 billion for the quarter. Interest rates were a challenge, according to company officials, and tariff costs increased …
By Gigi Wood | Aug 18, 2025
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IEDA supports $65M Mount Pleasant manufacturing expansion, new Keosauqua sports amenities

The Iowa Economic Development Authority Board approved awards for a manufacturing expansion in Mount Pleasant and a quality of life project in Keosauqua. At its meeting Friday, the IEDA board also awarded a grant for …
By Business Record Staff | Aug 18, 2025
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JBS plans to buy new equipment, redesign Ankeny plant

JBS USA will purchase new equipment for a production facility it plans to buy in Ankeny and redesign and expand some areas of the plant, a company spokesman told the Business Record.

“The facility previously …
By Kathy A. Bolten | Aug 18, 2025
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Iowa selected for $40 million BioMADE biomanufacturing facility

BioMADE, a Department of Defense Manufacturing Innovation Institute, has selected Iowa to establish a bioindustrial manufacturing scale-up facility at Iowa State University’s (ISU) BioCentury Research Farm in Boone.

The 15,000-square-foot facility will include 5,000-liter and …
By Gigi Wood | Aug 15, 2025
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JBS opening production facility in Ankeny

JBS USA announced it will buy an idle food production facility in Ankeny that currently is owned by Hy-Vee Inc. Photo courtesy of Google Inc.

Food processing giant JBS USA has reached an agreement to …
By Business Record Staff | Aug 14, 2025
ABI

Iowa students receive scholarships for manufacturing training

Elevated Iowa, an Iowa Association of Business and Industry Foundation program, has awarded eight $500 scholarships to recent Iowa high school graduates who are pursuing manufacturing-related education at one of the state’s 15 community colleges. …
By Business Record Staff | Aug 12, 2025
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Nester Hosiery buys Fox River assets

Nester Hosiery, a U.S. manufacturer of socks and accessory footwear, announced that it has acquired the majority of assets of Fox River Mills, a sock manufacturer based in Osage, Iowa that is closing this fall …
By Business Record Staff | Aug 4, 2025
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Pella acquires Wisconsin manufacturer

Pella Corp. announced it has acquired Weather Shield, a Medford, Wis.-based manufacturer of architectural wood and aluminum window and door solutions. According to a news release, Weather Shield is known for architectural design expertise and …
By Business Record Staff | Aug 4, 2025
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Fox River Mills to close down, laying off 105

Sock manufacturer Fox River had private-label contracts with many nationally recognized companies, such as Carhartt, to produce socks, hats and other items. Now it’s closing its factory in Osage, 30 miles northeast of Mason City. …
By Business Record Staff | Jul 31, 2025
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Economic uncertainty dominates Iowa’s manufacturing outlook

One of the most widely circulated words in business circles in Central Iowa this year is “uncertainty.” In urban areas, many companies are pausing purchases and new hires while they play wait-and-see on the national …
By Gigi Wood | Jul 25, 2025