May 22, 2012

Record snow good news for Iowa company

Record snowfalls have people all over the country cursing the winter weather, but it’s made the owner of one eastern Iowa company very happy. The Yeoman manufacturing plant in Monticello makes snow shovels, and C.E.O. Tom Yeoman says the 20 workers are near the top when it comes to that work.

He says they can assemble approximately 10,000 snow shovels a day and are the second largest winter tools manufacturer in the country. Yeoman says normally at this time of year they aren’t still making snow shovels. Yeoman says ordinarily they would be shipping spring tools like garden rakes and hoes. But this is not a normal winter with big snows hitting areas of the country that don’t usually have to deal with so much of the white stuff.

Yeoman says he’s been getting orders from Ohio, Indiana, Virginia, North Carolina and Kentucky, as he says it’s been “a very unusual winter.” Yeoman says sales are already ahead of the record the 80-year-old company set two years ago, and says it’s huge for the company with a lot of the business coming in just the last three weeks.

So for now, employees continue riveting snow shovel blades to handles and piling them on fork lifts to be hauled away for shipping to those areas trying to dig out from the record winter.

Read more about the company here: Yeoman website.

Statewide home sales down in January

The average sale price of a home in Iowa last month was just over $132,500. Iowa Association of Realtors President Carey Jensen says the average sale price figure has remained fairly low for the past year – primarily because of an influx of real estate owned (REO) or bank-owned foreclosure listings into the market.

“Typically, those homes are selling for less than comparable homes because you obviously have a much more motivated seller,” Jensen said. “So, in some of these market areas where there are perhaps more REOs on the market, the average price has trended down in those markets.” January is historically a slow month for home sales. The total number of sales across Iowa last month was 1,169 — down 5.6% from a year ago and 38.3% from December.

Jensen says severe weather made it difficult for realtors to get out and show properties in January, particularly in rural areas of the state. A federal program that provides up to $8,000 to first-time home buyers expires on April 30th. Jensen believes the statistics will show the affects of that tax credit in the months ahead.

“We expect to see continued improvement through this spring – at least through April 30 and hopefully they’ll continue after that,” Jensen said. “Interest rates are at historical lows right now, so it’s still a great time to buy even if you’re not eligible for the tax credit.” Depending on the terms of the loan, interest rates are around 5-5.5%.

The Extended Homebuyer Tax Credit also provides up to $6,500 to some current homeowners who purchase a new or existing home between November 7, 2009 and April 30, 2010.

Grassley says U.S. Senate not as partisian as portrayed

Iowa Senator Chuck Grassley says partisanship is a problem in the U.S. Senate, but it’s not as bad as Senator Evan Bayh is making it sound. Bayh, a Democrat from Indiana, announced Monday he would not seek re-election because of the chamber’s environment of “bitter, brain-dead” partisanship. Grassley, a Republican, says there will always be disagreements, but they’re not that severe.

“I have good working relationships with a lot of other members of the Senate and I don’t believe I have any enemies, and if I do, I don’t want to know who they are,” Grassley says. “There needs to be a lot of improvement. Each of us can try to do that. I hope that the way I’ve done business in the past helps along that line because that’s surely my intention.” Grassley says, “Most everybody in the Senate is partisan to some degree, but just because you have strong philosophical feelings doesn’t mean that you can’t work together.”

He says the media will often focus on political bickering, not success stories, typically making Congress appear chaotic. “It looks that way to the public at large because people who are journalists tend to stress controversy,” Grassley says. “You don’t hear about the good working relationships that a lot of people have across party lines.”

Because of the way Congress is portrayed on television, in particular, Grassley says the American people “think we’re always in dispute and there’s never any cooperation, and at least as far as the Senate’s concerned, that’s just not true.” “It’s more partisan than it has been in the past but I don’t think it’s a poisonous partisanship,” Grassley says. “Is there too much partisanship? Yes, but I also believe that it can be corrected and that it’s not as bad as it’s portrayed in the press.”

Iowans may recall Bayh from previous presidential elections. He was considered as a possible running mate for Democrats John Kerry in 2004 and Barack Obama in 2008.

Class 4A: Dylan Ohl, Sioux City North

In three victories the senior forward averaged just over 17 points, nearly 10 rebounds, three assists and three blocked shots. Ohl scored 20 points, added 10 rebounds, five assists and three blocked shots in a victory over Council Bluffs Thomas Jefferson. He also had 18 points, 13 rebounds and four blocks in a win over LeMars.

Class 3A: Casey Kasperbauer, Carroll

The sophomore guard averaged 14 points, six and a half assists and nearly three steals in two wins. Kasperbauer scored 18 points, dished out seven assists and had three steals in a victory over Perry.

Class 2A: Tucker Henderson, Davis County (Bloomfield)

The senior guard averaged 23 points and four steals in a pair of wins. Henderson scored 31 points, including 13 of 25 from the field, hauled down eight rebounds and had four steals in a victory over Eddyville-Blakesburg.

Class 1A: Corey Jones, Dunkerton

The junior guard scored 14 points, hauled down nine rebounds, had four assists and four steals in a win over CAL (Latimer). Jones canned a pair of three pointers and connected on 10 of 12 from the foul line.