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Manufacturing

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Application deadline is March 1 for advanced manufacturing scholarships

Applications are being accepted through March 1 for Elevate Advanced Manufacturing scholarships. Fifteen $500 scholarships will be awarded to high school seniors who are attending an Iowa community college in the fall for a career …

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HNI Corp. reports higher earnings

Quad-City Times: Office furniture maker HNI Corp. reported higher earnings despite facing demand and trade challenges. Muscatine-based HNI announced earnings of $93 million, or $2.11 per share, for the full year that ended Dec. 29, 2018. …

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‘Tariffs and trade’ hobble Deere earnings

Deere & Co. blamed “tariffs and trade policies” for weighing on market sentiment, resulting in first-quarter earnings that missed estimates by a country mile. Deere reported earnings of $1.54 per share on revenues of $6.9 …

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Iowa’s Winnebago Industries has big plans for luxury boatmaker Chris-Craft

Sarasota (Fla.) Herald-Tribune: Sarasota’s Chris-Craft Corp. and its owner, Iowa-based Winnebago Industries Inc., have big plans. The blueprint for increasing the number of boat models Chris-Craft offers, the size of its plant and its workforce are …

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Arconic is splitting in 2

Business Insider: The aluminum-products maker Arconic said this morning that it will split into two businesses and spin-off one of them. Arconic, which was separated from the new Alcoa on Nov. 1, 2016, said it will …

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Winnebago moving some Oregon motorhome production to Iowa

Waterloo-Cedar Falls: Winnebago Industries says it’s shifting to its Forest City campus the production of Class A diesel motorhomes from the company plant in Junction City, Ore. Winnebago announced today that the change will consolidate product …

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Iowa among most at-risk for job automation

Waterloo Cedar Falls Courier: M & W Manufacturing in Cedar Rapids presents one side of the response to a growing body of projections — including a new report from the Brookings Institution — that automation and …

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Maytag Dairy Farms now owned by Iowa private equity fund

Midwest Growth Partners, a West Des Moines private-equity fund, has purchased Maytag Dairy Farms, the nationally recognized maker of Maytag blue cheese, according to a release. Midwest Growth Partners didn’t disclose details about the purchase, but …

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PDM Precast plans expansion in S.E. Agrimergent Business Park

Adam Petersen, one-half of a pioneering team of brothers-in-law that ventured into Des Moines’ Market District to build a three-story office building a few years back, is again venturing where few have gone in recent …

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Ad agency Maclyn acquires Saturday Mfg.

Maclyn, a 25-year-old advertising and marketing agency based in suburban Chicago, has expanded its footprint in Iowa by acquiring Des-Moines based creative agency Saturday Mfg. Maclyn has been actively engaged in the Iowa business community …

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