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Retail and Business

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Household debt increased in the first quarter

U.S. households increased their debt last quarter by 0.3 percent as mortgage balances showed a “small increase,” the Federal Reserve Bank of New York said today. Consumer indebtedness totaled $11.5 trillion at the end of …

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Pappajohn’s Kinley to talk venture capital

Matt Kinley, senior vice president of both Pappajohn Capital Resources and Equity Dynamics, will speak at the Business Innovation Zone’s Business Insights and Networking Luncheon on May 18. Kinley will summarize what will be expected …

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HUD secretary announces disaster assistance

Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development (HUD), announced that the agency will hasten federal disaster assistance to the state of Iowa and provide support to homeowners and low-income renters …

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Mobile Mini to enter Des Monies market

Mobile Mini Inc., a portable storage solutions provider with more than 120 locations in the United States, plans to enter Des Moines and five other markets this year. The Tempe, Ariz.-based company said it has …

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IDED’s Young to speak at breakfast meeting

Lori Young, marketing and compliance manager with the Iowa Department of Economic Development’s Targeted Small Business Program, will speak during a May 12 meeting hosted by Central Iowa Breakfast, Business and More. The networking event …

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Brazil trip registration period opens

Registrations are now being accepted for the Greater Des Moines Partnership and the Ames Chamber of Commerce and Economic Development Commission’s business mission to Brazil. Scheduled to depart Des Moines on Oct. 2, participants will …

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TRANSITIONS: Memory Lane on film


Someone wading around on YouTube found a 1959 film that takes viewers on a drive along U.S. Highway 30 from my hometown of State Center to Ogden. The Iowa Department of Transportation produced it to …

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Coppess receives Kent Britten Memorial Leadership Award in Warren County


The Warren County Leadership Institute (WCLI) recently presented Mike Coppess, a vice president and senior lending officer at Bankers Trust Co., with the 2011 Kent Britten Memorial Leadership Award for his volunteer leadership in Warren …

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Sauer-Danfoss reports sales rose sharply in 2010


Sauer-Danfoss Inc., an international manufacturer of hydraulic systems, reported that its sales increased 22 percent in 2010.

In a proxy statement filed April 28 with the Securities and Exchange Commission, the company said sales in …

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Capital City Fruit to expand in Norwalk


When Capital City Fruit Co. moved to Norwalk from Des Moines in 1981, it was still a small produce company with just 19 employees. Since then, the business has grown into a regional distributor with …