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Statewide News

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Iowa tax collections lagging below estimate

Cedar Rapids Gazette: State revenue grew slightly in October, but the growth rate through the first four months of the current fiscal year is lagging significantly below the amount of tax that state officials estimated would …

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University of Iowa grad students demand more pay, no tuition or fees

Cedar Rapids Gazette: The graduate student union representing 2,200 University of Iowa teaching and research assistants is asking the Board of Regents to raise their pay and eliminate their tuition and mandatory fees.…

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Pella Corp. acquires Duratherm Windows

Pella Corp. today announced it has acquired Duratherm Windows Corp., a leading manufacturer of hardwood doors and windows based in Maine. The two privately owned companies did not disclose the financial terms of the deal. …

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REG eyes Ralston biorefinery expansion

Ames-based Renewable Energy Group plans a $24 million expansion of its 12 million-gallon-a-year Ralston biorefinery, built in 2001. The capacity will produce 30 million gallons of biodiesel a year. A groundbreaking is planned Nov. 8; …

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IPERS mulls $66 million pension merger with Des Moines teachers

Des Moines Register: Iowa’s largest public employees’ retirement program is looking at merging $66.7 million from a Des Moines teachers’ pension fund into the 345,000-member statewide pension fund.…

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President signs Iowa disaster declaration to make aid available

Cedar Rapids Gazette: President Barack Obama has declared a major disaster exists in Linn County and 18 other Iowa counties and has ordered federal aid to supplement state and local recovery efforts in the area affected …

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Davenport Works celebrates new Arconic name

Quad-City Times: After 68 years in Iowa, the Alcoa name disappeared from the Quad Cities and was replaced today by Arconic. In a ceremony befitting of a new company, the Alcoa plant in Riverdale assumed its …

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Iowa to pay Medicaid insurers additional $33 million

Cedar Rapids Gazette: The state is increasing by $33 million the payments made to three private insurance companies that manage the Medicaid population. Despite the increase, Gov. Terry Branstad said Monday the state still is expected …

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Landus Cooperative completes $27M expansion at Ralston

Farmer-owned Landus Cooperative has finished its $27 million project to expand its soybean processing capacity by 50 percent at Ralston. The plant produces a protein dairy feed ingredient for dairy rations. The co-op will use …

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Heartland Financial to acquire California banking operation

Dubuque-based Heartland Financial USA Inc. will acquire Founders Bancorp of San Luis Obispo, Calif., in a cash and stock deal valued at $29.1 million, or $21.87 per share, under a merger agreement that has been …

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