Manufacturing

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 …

Rockwell Collins Inc. reported an increase of 5.1 percent in fiscal third-quarter profits over the same time last year, the company announced today.

Profits for the Cedar Rapids-based company increased from $158 million to $166 …

The Federal Reserve Bank of New York said today that its gauge of manufacturing in New York state perked up in July after a sharp drop off the month before, though new orders shrank, Reuters …

The U.S. Commerce Department reported this morning that the trade deficit fell slightly, …