The company that's the first to produce medical marijuana in Iowa will also run two of the dispensaries which sell the products. MedPharm Iowa's Stephen Wilson oversees the dispensary program and says the dispensaries are very modern looking. "If you walk in, it's very much like a Verizon store if … [Read more...]
Small Business Adminstration says it helped more than 400 businesses last year
The U.S. Small Business Administration approved loans to more than 400 Iowa businesses during the just-ended fiscal year, helping them to start or expand operations. Jayne Armstrong, director of the SBA’s Iowa District Office, says the loans totaled nearly $170 million statewide for the fiscal … [Read more...]
Rock Valley business joins effort to get young people interested in manufacturing
October is "National Manufacturing Month", and one northwest Iowa manufacturer hosted 230 students this week from as many as 12 schools on a tour of their facility. Valley Machining Chief Financial Officer Joe Van Tol says his company's "Manufacturing Day" is part of a larger effort to address the … [Read more...]
Winnebago sets record for revenue with two billion dollars
Full-year revenue at Winnebago Industries exceeded two-billion dollars for the first time in company history. The Forest City-based outdoor lifestyle product manufacturer reports fiscal 2018 revenue rose 30% compared to last year, while fourth-quarter revenue reached $536 million, an increase of … [Read more...]
Wright County wants to develop land near new pork processing plant
Wright County leaders are signing an agreement to buy a large tract of land south of Eagle Grove to develop an industrial park near a large, soon-to-open pork processing plant. Cindy Litwiller, the county's economic development director, says the hope is, if they build it, businesses will come. … [Read more...]
Sioux City eatery to start celebrating its 100th anniversary
One of Sioux City's best known restaurants is about to mark a major milestone. The Milwaukee Wiener House opened near the Milwaukee Railroad Line in 1918. In 2013, the restaurant closed its original location to make way for the Hard Rock Casino and reopened a few months later in downtown Sioux … [Read more...]
Kmart stores in Cherokee, Council Bluffs, Webster City closing
Sears filed for bankruptcy early this morning and announced three more Kmart stores in Iowa will be closing. The stores are located in Cherokee, Council Bluffs and Webster City. Nationwide, there will be 142 Sears and Kmart stores closing due to the bankruptcy filing. Liquidation sales at the … [Read more...]
Iowa ethanol and corn producers react to E-15 news
Iowans who produce corn and ethanol say they are pleased with the announcement today by President Donald Trump that he has directed the EPA to move forward with the process for the year-round sale E-15. Quad County Corn Processors in Galva produces ethanol that is mixed with gas for the E-15 blend. … [Read more...]
Fareway employees say goodbye to the tie
The Boone-based Fareway grocery store chain has made a change to its iconic employee uniform -- going away from the white shirt and black tie with the Fareway logo on it. Company spokesperson Emily Toribio says the uniform change is part of their 80th anniversary refresh that saw an updated logo. … [Read more...]
Justice Department signs off on UTC acquisition of Rockwell Collins
The U.S. Department of Justice has approved United Technologies purchase of Rockwell Collins, as long as two Rockwell Collins divisions are sold off first. One of the Rockwell Collins divisions that's to be sold to another buyer makes "de-icing" products for the wings of airplanes. The other … [Read more...]