East Iowa Plastics to be featured on Manufacturing Marvels segment
East Iowa Plastics of Independence will be showcased on Fox Business Report's Manufacturing Marvels later this month. Bret and Jean Kivell own the plant at 601 17th St. SE, where a six hour shoot highlighted thermoforming and CNC routing. The segment airs about 8:30 to 8:44 p.m. on April 17, with the firm producing shutters, poultry equipment, and custom products for clients worldwide. The couple bought the company in 1997 from ABT Building Products and emphasize maintaining 40 plus hours for workers to avoid layoffs.
MENTIONED IN THIS ARTICLE
Independence
Fox Business Report
East Iowa Plastics
Bret
Jean Kivell
17Th St. SE
CNC
Marvel Production Group of
Dallas
Google
Kivells
ABT Building Products
Neenah, Wis
George Lake
Buchanan County Economic Development Commission
Coralville Heartland Inn in Coralville sold to new owners
Paramount Lodging Advisors announced the sale of Heartland Inn, a 169 room hotel at 87 Second St south of the Iowa River, two miles from Kinnick Stadium. The deal details and new ownership were not disclosed. The property including land and buildings is assessed at about $7.5 million.
MENTIONED IN THIS ARTICLE
Heartland Inn
Coralville
Paramount Lodging Advisors
Second St
Iowa River
University of Iowa
Kinnick Stadium
Johnson County
Matthew. Patane
Thegazette
Used-car prices expected to fall as GM leases roll over
General Motors warned that a flood of used cars will reenter the market after lease expirations and weigh on its finance unit this year, echoing Ally Financial. GM CFO Chuck Stevens said used GM vehicles in the leasing portfolio will drop about seven percent this year, with depreciation exceeding expectations in Q1, especially for crossovers, and prices could fall up to three percent next year. Ford had previously trimmed its lending unit profit outlook by 300 million dollars.
MENTIONED IN THIS ARTICLE
General Motors
Ally Financial Inc
GM Financial
Chuck Stevens
Ford
Fraud breach hits FAFSA data tool for up to 100000
IRS Commissioner Koskinen testified that as many as 100000 taxpayers may be affected by a security breach of the FAFSA data retrieval tool used to populate tax information for federal student aid. About 8000 fraudulent refunds valued at 30 million were issued, with 14000 more blocked and 52000 returns halted.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
John Koskinen
Senate Finance Committee
Koskinen
IRS
Education Department
Senate Committee
Also Mentioned on This Page
Stephen Mally
the Gazette
Vickie Lahey
George C. Ford
Cliff Jette
Coralville’s
Inn
Kinnick
Matthew Patane
Danielle Douglas-Gabriel
Washington Post