News

Wapello manufacturer announces closure, layoffs

Tri-State Envelope, a custom-envelope manufacturer in Wapello, has announced it is closing and laying off 21 people. The announcement was made through the Worker Adjustment and Retraining Notification Act. Located 50 miles south of Davenport, the Wapello facility is one of three for the 59-year-old company. Its original headquarters, in Ashland, Pa., closed last year….

By Business Record Staff | Oct 27, 2025

West Bancorporation reports Q3 results, $9.3M net income

West Des Moines-based West Bancorporation reported its third quarter results, noting an increase in net income and loans and a decrease in deposits. Third-quarter 2025 net income was $9.3 million, compared to $8 million in the second quarter and $6 million in the third quarter of 2024. “We had a strong third quarter with continued…

By Business Record Staff | Oct 27, 2025

Backers of Pro Iowa Soccer Stadium eye additional state funding as Des Moines expands redevelopment district

Organizers behind the proposed construction of the Pro Iowa Soccer Stadium and Global Plaza near downtown Des Moines say they remain optimistic about the project’s future despite recent questions about funding. The nonprofit Iowa Soccer Development Foundation has proposed a 6,300-seat stadium on the former Dico Inc. site, a superfund site south of Martin Luther…

By Michael Crumb | Oct 27, 2025

20th Reggie’s Sleepout to take place at Drake Stadium

The 20th anniversary of Reggie’s Sleepout, a fundraiser organized by the Iowa Homeless Youth Centers, will take place Nov. 1 at Drake Stadium. The overnight event invites participants to sleep outdoors in tents, boxes, or sleeping bags to raise awareness and money for critical services, including shelter, counseling, and education to combat youth homelessness. The…

By Business Record Staff | Oct 27, 2025

2025 World Food Prize Laureate praises Brazilian farmers for use of biologicals

Mariangela Hungria was 8 years old when her grandmother gifted her a book that would change her life. Inside its pages were “stories of scientists who unlocked invisible worlds, who forever changed the course of human history,” according to a video documenting her life. Hungria, a microbiologist from São Paulo, Brazil, received the $500,000 2025…

By Lisa Rossi | Oct 27, 2025

Greystone Manufacturing to lay off 85

An Iowa manufacturer of pallets plans to lay off 85 people. Headquartered in Bettendorf, Greystone Manufacturing reported the layoff through the Worker Adjustment and Retraining Notification Act. The layoff will take place Oct. 29. Greystone Manufacturing produces pallets out of recycled materials and is one of the country’s largest post-industrial users of plastic, recycling 50…

By Business Record Staff | Oct 24, 2025

Athene donates $500,000 to Habitat for Humanity

Athene has announced a $500,000 donation to Greater Des Moines Habitat for Humanity to help expand access to affordable housing for families in Central Iowa. The announcement coincided with Habitat’s annual Key Awards event, where Athene was recognized for its leadership in advancing affordable housing solutions in the community. The donation will be distributed over…

By Business Record Staff | Oct 24, 2025

Architectural and engineering concept. Collaboration and strategy for construction. Building, planning and civil engineering team in workshop with paperwork for project management.

SHYFT Collective design team acquired by SSOE Group

SSOE Group, a global architecture and engineering firm headquartered in Toldeo, Ohio, announced the acquisition of Des Moines-based SHYFT Collective’s architecture and design team to enhance its service capacity in the Des Moines and Columbus, Ohio, markets. “Our clients will continue working with the same trusted team, now supported by the scale and experience of SSOE,”…

By Business Record Staff | Oct 24, 2025

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