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John Deere reports an increase in first quarter revenue

February 17, 2023 By Matt Kelley

Iowa's largest manufacturing employer is reporting a stellar first quarter of the fiscal year. Deere and Company reports net income for the first quarter of $1.9 billion, that's up just over a billion from the first quarter a year ago. Quad Cities-based Deere also reports worldwide revenues rose … [Read more...]

Filed Under: Agriculture, Business, News

Renewable fuels industry report: state could lose ethanol plants without carbon dioxide pipelines

February 14, 2023 By Dar Danielson

The Iowa Renewable Fuels Association has released an economic study that says using carbon dioxide pipelines at ethanol plants will increase profits and keep most of the industry from leaving the state. Dave Miller of Decision Innovation Solutions wrote the report which says taking advantage of … [Read more...]

Filed Under: Agriculture, Business, News Tagged With: Corn & Soybeans, Ethanol

Nominations sought for annual ‘best burger’ contest

February 14, 2023 By Dar Danielson

The annual contest is now underway to find the best hamburger in the state. Iowa Beef Industry Council spokesperson, Kylie Peterson, says the criteria for the 2023 contestants remains the same. "A 100% real beef patty served on a bun or bread product from a restaurant here in the state of Iowa," … [Read more...]

Filed Under: Business, News Tagged With: Food, Pork/Cattle

Students learn about high demand jobs at Northeast Iowa Community College

February 9, 2023 By Radio Iowa Contributor

Northeast Iowa Community College held its first-ever High Demand Skilled Trades Event for high school students Wednesday in Edgewood. Gena Gesing is the school's manager of Career and Work-Based Learning. "We're trying to figure out really how to get students into careers that interests them and … [Read more...]

Filed Under: Business, Education, News Tagged With: Employment and Labor

Creighton business survey sees January hit lowest level in 15 years

February 1, 2023 By Matt Kelley

The latest economic survey of supply managers in Iowa and eight other Midwestern states shows the business barometer falling to its worst January level in 15 years. Creighton University economist Ernie Goss says the monthly report ranks the region's economy on a zero-to-100 scale and he says … [Read more...]

Filed Under: Business, News

Iowa company plans to recycle wind turbine blades using giant chipper

January 24, 2023 By Matt Kelley

A new eastern Iowa business will soon start recycling wind turbine blades to prevent the massive fiberglass, wood and foam blades from taking up large amounts of landfill space. Jeff Woods, director of business development at Travero, says the blades have to be handled very carefully when they're … [Read more...]

Filed Under: Business, News

Union strikes in Burlington, Cedar Rapids settled

January 23, 2023 By Matt Kelley

Two long-running strikes at eastern Iowa factories ended over the weekend. Some 1,100 UAW workers at Case New Holland plants in Burlington and Racine, Wisconsin ratified a new contract on Saturday, ending a strike against the ag equipment maker that started last May. On Sunday, nearly 120 … [Read more...]

Filed Under: Business, News Tagged With: Employment and Labor

December unemployment rate unchanged

January 20, 2023 By Dar Danielson

The state unemployment rate held steady at 3.1% in December. Iowa Workforce Development director, Beth Townsend, says there were some positive signs as the year wrapped up. "Iowa employers added 2,400 jobs in December -- we've had 10, out of 12 months of job growth, over 2022. That's a good … [Read more...]

Filed Under: Business, News Tagged With: Employment and Labor

Union reaches tentative deal with Ingredion in Cedar Rapids

January 20, 2023 By Radio Iowa Contributor

Nearly 120 unionized workers at the Ingredion grain processing plant in Cedar Rapids have reached a tentative agreement with the company. The workers have been on strike since August first. Mike Moore, president of Local 100-G of the Baking, Confectionery, Tobacco, and Grain Milling Union, … [Read more...]

Filed Under: Business, News Tagged With: Employment and Labor

Iowa Chamber Alliance explores why people live here

January 20, 2023 By Matt Kelley

A so-called Talent Poll that was done by a coalition of the state's 15 largest chambers of commerce aims to find out what people who live in Iowa love about the state, and equally as crucial, what might make them want to move away. Dustin Miller, executive director of the Iowa Chamber Alliance, … [Read more...]

Filed Under: Business, News

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