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Manufacturing

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Rockwell Collins completes Australia facility expansion

Rockwell Collins Inc. on Friday celebrated the expansion of the company’s production facility in Sydney, Australia, where it will manufacture its Distributed Aperture System optical systems for the Lockheed Martin F-35 Lightning II jet fighter. …

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Global farm economy a drag on Deere earnings

Deere & Co. profits dropped to $387 million in the quarter ended Jan. 31 from $681 million in the same period last year, the Moline-based company said today. “Deere’s first-quarter performance reflected sluggish conditions in …

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Export-Import Bank chairman urges Iowa small businesses to use its services

 

Fred Hochberg, chairman and president of the Export-Import Bank of the United States, was in Des Moines this morning to pitch his agency’s services as a playing-field leveler for small businesses seeking to broaden …

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Accumold plans to double space, employment in Ankeny

A growing Ankeny manufacturer that specializes in making ultra-tiny products has big plans for expansion this year.

 

Accu-mold LLC, a global leader in the design, development and production of micro-engineered parts for various high-tech …

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Pace of average new orders in Iowa lagging, index shows

The Iowa Leading Indicators Index increased slightly to 109.4 in December 2014 from 109.3 in November, the Iowa Department of Revenue reported. The six-month annualized change in the index fell to -0.2 percent from 0.4 …

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DuPont operating earnings up 20 percent

DuPont Co. today announced strong fourth-quarter and annual operating results, despite significant market and economic challenges. The Delaware-based parent of DuPont Pioneer reported earnings of 71 cents per share, compared with 59 cents per share …

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Deere to lay off 300 in Ankeny

Deere & Co.  today announced 300 layoffs at its Ankeny plant, and 565 in Waterloo. In all, 910 Deere employees in Iowa and Illinois will lose their jobs indefinitely. In addition, approximately 500 employees at …

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From crops to chemicals

Iowa is an established leader in producing animal feed and fuel products from corn, soybeans and other crops. Now, state economic development leaders say it’s time to create new incentives to help Iowa companies pursue …

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Marel, formerly Townsend Engineering to end manufacturing in DM

 

Marel, formerly Townsend Engineering, is moving its manufacturing from Des Moines to Gainesville, Ga., as part of changes that will cost 150 workers their jobs.

 

The company announced it will establish an innovation …

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Barilla announces $26.8 million expansion

Barilla announced Friday that it is planning a $26.8 million expansion at its Ames plant, KCCI Channel 8 reported. The expansion will add two new production lines to the plant, including a gluten-free pasta line. Company …

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