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Manufacturing

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Kreg Tool joins with Ankeny nonprofit to build desks for students

Kreg Tool employee Nicole Scilingo, senior content specialist, builds a desk for “Woodworking with a Purpose,” a nonprofit started by an Ankeny schoolteacher to build desks for students learning remotely. Photo submitted by Kreg Tool.

Employees of Kreg …
By MICHAEL CRUMB | Mar 29, 2021
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Titus named VP of operations for Kreg Tool Co.

Kreg Tool Co. has promoted Sam Titus to vice president of operations, effective immediately. Titus will lead the Huxley-based manufacturer’s entire operations team, including production, warehouse/distribution, facilities, quality and supply chain. He will report to Kreg Tool’s …
By BPC Staff | Mar 15, 2021
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Vermeer partners with local health office on COVID-19 vaccination clinics

Residents are seated as they wait to get COVID-19 vaccines in Vermeer Corp.’s Global Pavilion on March 5. Photo submitted by Vermeer


Vermeer Corp., in conjunction with Marion County Public Health, has been working to get…
By MICHAEL CRUMB | Mar 15, 2021
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NOTEBOOK – ONE GOOD READ: Changes in consumer buying habits creating chaos for worldwide shipping

There’s a growing crisis in the shipping industry as we’ve changed the way we shop and because of the things we’re buying as people have been stuck at home during the COVID-19 pandemic. This New York …
By MICHAEL CRUMB | Mar 8, 2021
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Deere reports first quarter earnings

Deere & Co. reported net income of $1.224 billion for its first quarter ended Jan. 31, or $3.87 per share, compared with net income of $517 million, or $1.63 per share, for the quarter ended Feb. 2, …
By BPC Staff | Feb 19, 2021
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BAE Systems awarded $247 million contract from Space Force for work in Cedar Rapids

Cedar Rapids Gazette: BAE Systems received a $247 million contract from the U.S. Space Force to build GPS chips and receivers in Cedar Rapids, the company said in a news release. The United Kingdom-based company will …
By BPC Staff | Feb 17, 2021
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In patent battle over planter, Iowa-based Kinze accuses Deere of ‘unlawful monopoly’

Des Moines Register: Kinze Manufacturing is accusing Deere & Co. of operating an “unlawful monopoly” as the two agricultural equipment makers tangle over a patent dispute. Responding to a lawsuit from Deere that could block it …
By BPC Staff | Feb 15, 2021
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State’s Manufacturing 4.0 plan outlines new strategies for remaining competitive

Gov. Kim Reynolds, along with the Iowa Economic Development Authority and the Iowa Innovation Council, have unveiled the state’s Manufacturing 4.0 plan, which officials described as a road map to help Iowa manufacturers remain globally …
By BUSINESS RECORD STAFF | Feb 12, 2021
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Raytheon reports better than expected fourth quarter; Collins struggles

Corridor Business Journal: Raytheon Technologies Corp. reported better than expected fourth-quarter earnings this morning, although its Collins Aerospace division continued to struggle amid ongoing tumult in the passenger aircraft industry. Raytheon announced earnings of 74 cents …
By BPC Staff | Jan 26, 2021
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LBS acquires Illinois-based Gane Brothers & Lane

LBS, a manufacturer and distributor of materials for the production of books and luxury packaging based in Des Moines, has completed its previously announced acquisition of the assets of Gane Brothers & Lane Inc. Financial terms …
By BPC Staff | Jan 18, 2021