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Quad-City Times: The Archer Daniels Midland grain processing plant in Clinton will undergo a $196 million modernization and expansion project to increase manufacturing capacity and help the century-old facility remain competitive. Chicago-based ADM is planning to …
Deere & Co. reported a net loss of $535 million, or $1.66 per share, for the quarter ended Jan. 28, compared with profits of $199 million, or 62 cents per share, for the year-ago quarter, …
Cedar Rapids Gazette: Rockwell Collins made one-fifth of the claims for Iowa’s research-and-development tax credit in 2017, a new report shows. Rockwell claimed more than $13.9 million in the Research Activities Credit last year, making it …
A subsidiary of Michael Foods, a Minnesota-based food processor that specializes in egg products and other dairy-case items, is seeking nearly $14 million in state and local development incentives for an $85 million manufacturing plant …
Elevate Advanced Manufacturing, a nonprofit initiative of the Iowa Association of Business and Industry, is again offering 15 $500 scholarships to Iowa high school seniors interested in studying a manufacturing-related career at one of Iowa’s …
Cedar Rapids-based Rockwell Collins Inc. reported sales for the first quarter of fiscal year 2018 of $2.01 billion, a 69 percent increase from the same period in fiscal year 2017. Revenue growth was 9 percent …
Burlington Hawk Eye: The Siemens wind blade manufacturing plant in Fort Madison is laying off almost 200 employees. A Siemens Gamesa spokesperson said “a difficult decision has been made to adjust the Fort Madison workforce by …
Cedar Rapids Gazette: Seven lawsuits filed against the planned acquisition of Rockwell Collins all have been dismissed as of last week. Six of the suits voluntarily were dismissed by plaintiffs on Thursday and Friday. A seventh …
Corridor Business Journal: Rockwell Collins plans to outsource manufacturing of mechanical assemblies for its products now performed in Cedar Rapids, a move that will eliminate 105 mostly union jobs. “A thorough business analysis shows that over …
Cedar Rapids Gazette: Rockwell Collins shareholders have approved the $30 billion acquisition of the company in a significant step forward for the deal. Shareholders today voted in favor of United Technologies Corp.’s acquisition of the Cedar …
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