• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Rockwell-Collins on its own again

Rockwell-Collins on its own again

July 2, 2001 By admin

Iowa’s world-renowned radio company is on its own, for the first time in nearly three decades. Rockwell-Collins spokesman Doug Wagner explains parent company Rockwell has spun off the avionics maker.C-E-O Clay Jones will open the New York Stock Exchange today, ringing the bell and opening trade in the company’s stock under the ticker symbol C-O-L. Wagner says the name will remain Rockwell-Collins, and the company’s influence will remain worldwide.Although based in Cedar Rapids, he says Rockwell-Collins has 17,500 workers worldwide, and is Iowa’s largest manufacturing and technical workforce employer. You may not be able to buy anything with the Rockwell-Collins brand name in a retail store, but its influence is deep in the electronics industry. For example, the company was involved in development of the Global Positioning System, today’s popular GPS receiver.The handheld GPS you can buy at hunting and fishing stores uses Collins technology developed over the past 15-20 years. The company’s grown from 16-thousand to 17-thousand-500 people within the last five years, and Wagner says no layoffs are expected from the spin-off. Wagner adds that Cedar Rapids’ Independence-Day fireworks traditionally are sponsored by Rockwell-Collins, which this year will celebrate independence of its own.

Share this:

  • Facebook
  • Twitter

Filed Under: Business Tagged With: Telecommunications

Featured Stories

ISU research finds health benefits for chickens watching virtual reality

Fish kill at Storm Lake linked to virus that impacts only carp

Final employee who was there at the launch of the Iowa Lottery to retire

No more USPS mail in Iowa prisons; inmates to get copies of mail

State officials warn of influx of fake prescription drugs laced with fentanyl

TwitterFacebook
Tweets by RadioIowa

Iowa unranked to open the season

UNI’s Spencer Cuvelier bounces back from injury

Hutchinson calls Iowa State a perfect fit

Northern Iowa’s Farley touts new practice facility

First minor league game gets things started tonight at Field of Dreams site

More Sports

eNews and Updates

Enter your email address:

Delivered by FeedBurner

Archives

Copyright © 2022 ยท Learfield News & Ag, LLC