Manufacturing

Ames-based Sauer-Danfoss Inc. announced today that Eric Alstrom has been appointed president, CEO and director, effective Oct. 5. Alstrom, 46, has 20 years of experience in the automotive industry.

He will take over for Sven …

Regional manufacturing output increased in July, bumping up the Chicago Fed Midwest Manufacturing Index 1.8 percent to a seasonally adjusted level of 95.6.

The index stood at 100 in July 2007. Regional output rose 12.5 …

A new study attempts to quantify what many U.S. manufacturers have felt for decades: Government regulations are weighing them down, the Washington Business Journal reports.

The report comes as a federal appeals court this week gave utilities and manufacturers …

Deere & Co.’s cut its full-year profit forecast as sales slow in Asia and Latin America, undermining the growth strategy at the world’s largest manufacturer of agricultural equipment, Bloomberg reported. Net income for the full …

Muscatine-based HNI Corp. said today it has acquired BP Ergo Ltd., a manufacturer and marketer of office furniture in India. BP Ergo will operate as a stand-alone business. The acquisition is expected to have minimal …

Planetary Resources Inc., an asteroid-mining venture backed by Google Inc. executives, said it added more billionaire investors and is nearing a partnership agreement with a “top 10” mining company, Bloomberg reported.

Planetary Resources has “new …

RykoSolutions Inc. completed a sale leaseback of its facility in Grimes yesterday.

The company said in a release that it is committed to keeping a location in Iowa.

The lease was for 20 years, according …

Ames-based Sauer-Danfoss Inc. reported a decline of 8 percent in net sales of its mobile hydraulics for the second quarter, over the second quarter of 2011.

When adjusted for changes in translation rates, the company …

The Federal Reserve Bank of Chicago said today that its Midwest manufacturing index increased 1.1 percent in June.The index was down 1.4 percent in May, according to revised data, the Chicago Fed said.…

Tom Ridge, the former …