AABP EP Awards 728x90

Manufacturing

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United Technologies gets final regulatory approval for Rockwell Collins acquisition

Des Moines Register: United Technologies Corp. announced Friday it has received the final regulatory approval needed to close its acquisition of Rockwell Collins Inc. The completion of the regulatory review by China’s State Administration for Market …

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Glen-Gery Brick in W.D.M. to be sold

Australia-based Brickswork Ltd. plans to buy brick and stone manufacturer Glen-Gery Corp. by the end of the year, a transaction that will include a supply outlet in West Des Moines and a plant in Redfield. …

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Deere earnings rise; global revenues up 17 percent

Deere & Co. today reported net income of $784.8 million for the fourth quarter ended Oct. 28, or $2.42 per share, compared with $510.3 million, or $1.57 per share, for the quarter ended Oct. 29, 2017. For …

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Beef packing company eyes former Rath site in Waterloo

Waterloo-Cedar Falls Courier: A meatpacking company could be returning to the former Rath Packing Co. site in Waterloo. City Council members voted unanimously Monday to rezone 2.5 acres of land for a beef processing plant to …

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RISE grant tied to expansion of Hormel subsidiary in Nevada

The Iowa Transportation Commission has approved a $501,452 Revitalize Iowa’s Sound Economy grant for road improvements tied to a $165 million expansion at Burke Marketing Corp. in Nevada, a subsidiary of Hormel Foods and a…
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MPO receives just 2 proposals on transload facility RFP

The Des Moines Metropolitan Area Planning Organization has received proposals from two companies seeking to win a contract to operate a proposed rail transloading facility in Des Moines, including a leading national firm with rail,…
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Aiming to save more than 100 jobs, former employee buys Larchwood vaccine company

Sioux Falls Argus Leader: A former employee at a Larchwood, Iowa, animal vaccine company has arranged to buy out his bosses, aiming to save more than 100 jobs on the chopping block. Eric Schuler was formerly …

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Fareway, Boone High School partner for meat-cutting apprenticeships

Boone High School and Fareway Stores Inc. joined Gov. Kim Reynolds today in announcing the state’s first high school registered apprenticeship program in meat cutting. The program furthers the innovative work-based learning initiatives of Boone Edge, Future …

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Cedar Rapids development site is ‘mega’

Big Cedar Industrial Park, 1,391 acres developed by Alliant Energy in Cedar Rapids, has been certified by the Iowa Economic Development Authority as a “mega site,” the first property to receive the designation under the …

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Winnebago tops $2 billion for record revenue

On the strength of a 30 percent gain in its towables market, Winnebago Industries Inc. has topped $2 billion in revenue in a year for the first time. The company now makes 10 times what …