Hartley splint maker named Iowa Small Business Exporter of the Year
Douglas Brown of Brown Manufacturing in Hartley is named 1988 Iowa Small Business Exporter of the Year by the SBA. The six-employee firm makes finger splints sold in 10 countries including Sweden Saudi Arabia West Germany and Italy. Young & Rubicam remains Holiday Inns of Memphis ad agency with a planned 25 million in spend.
MENTIONED IN THIS ARTICLE
Douglas Brown
Hartley
U.S. Small Business Administration
Iowa
Brown
Brown Manufacturing
Sweden
Saudi Arabia
West Germany
Italy
Young & Rubicam
Holiday Inns of
Memphis
Y&r
Kenyon & Eckhardt
Bozell, Jacobs, Kenyon & Eckhardt
Creswell, Munsell, Fultz & Zirbel
Cedar Rapids
Denison Dubuque Packing lays off 250 workers
Dubuque Packing Co will lay off 250 workers at its Denison Iowa plant as it shifts from boxed beef to processed beef production. More than half of the plant's 400-employee workforce are to be terminated by the end of Friday's shift.
MENTIONED IN THIS ARTICLE
Dubuque Packing Co
Denison
Iowa
Kodak Retains Cedar Rapids Firm for Bio Products Plant Permits
Eastman Kodak Co. hires Howard R. Green in Cedar Rapids to secure about 20 permits for the new bio products plant slated to start construction this summer. The firm will compile a complete list of government obligations.
MENTIONED IN THIS ARTICLE
Eastman Kodak Co
Howard R. Green
Cedar Rapids
Kodak
OTC Trading Gap Shuts 17 Minutes Amid Tech Glitch
NASD computers caused a 17 minute blackout in OTC trading around 2 p.m. EDT Friday leaving transactions from that window unavailable. Oil prices climbed on light volume with WTI May futures at 18.37 and heating oil at .4975 and unleaded at .5261 per gallon. The dollar fluctuated, closing at 124.13 yen in Tokyo and 123.80 in New York as investors adjusted to mix of currencies.
MENTIONED IN THIS ARTICLE
National Association of Securities Dealers
New York Mercantile Exchange
West Texas
U.S
Tokyo
New York
Sears wins approval for tender offer at Western Auto
Sears Roebuck and Co confirms all required approvals for its tender offer to acquire all outstanding Western Auto Supply Co shares. About 52.3 percent of Western Auto stock will be sold by certain stockholders, including management and directors, upon completion of the offer ending next week.
MENTIONED IN THIS ARTICLE
Sears, Roebuck and Co
Sears
Western Auto Supply Co
Western Auto
Portland man indicted in first electronic tax fraud case
Federal authorities indict Donald J. Penrod in a 12 count fraud case alleging he fraudulently obtained tax refunds by filing returns under false names. The scheme centers on electronic filing now used in 16 IRS regions, including Washington.
MENTIONED IN THIS ARTICLE
Portland
Ore
Donald J. Penrod
Washington
Money worries keeping people home more
A nationwide survey finds 32 percent of adults staying home more due to economic concerns, up from 16 percent last fall. Respondents report spending more on gourmet food and home entertainment, with younger low income groups most likely to stay in.
MENTIONED IN THIS ARTICLE
Boston
Decision Research Corp
Carol Hess
Hess
Drc
First National Names Sierk President and COO
Iowa City based First National Bank and its holding company First Financial Bancorporation promote Robert M. Sierk to president and chief operating officer. He succeeds Jack Houghton as chair of the board and chief executive. Also elected to the board are John F. Kennedy and Dr. Stephen Wolken.
MENTIONED IN THIS ARTICLE
Iowa City
Robert M. Sierk
First National Bank
First Financial Bancorporation
Iowa City Bank
Sierk
Lack Houghton
Adane Af
Market stocks rebound but inflation fears linger after slide
The Dow rose 8.29 to 2013.93 and finished the week with a 76.26 loss as analysts cited inflation worries and trade pressures. NYSE totals showed 573 up, 990 down, 420 unchanged with blue chips attracting cautious buyers amid firmer trading. Production at U S factories edged up 0.1 percent in March offset by declines elsewhere.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Iowa
NYSE
Labor Department
Procter & Gamble
Square D
International Business Machines
Texaco
IBM
General Motors
Sears Roebuck
Federal Reserve Board
Long Lines expands holdings around Lake Okoboji
Long Lines Ltd expands its Okoboji area portfolio with the Brooks Beach Resort purchase opposite the former Lodge at Okoboji. The deal follows IE Industries buying 23.5 percent of Long Lines. Purchases include Hackett's Resort Del's Lounge and Arnolds Park's service station, with Village East planned for Memorial Day opening.
MENTIONED IN THIS ARTICLE
Sergeant Bluff
Long Lines Ltd
Lake Okoboji
IE Industries
Cedar Rapids
Long Lines
Brooks Beach Resort
Okoboji
Bill Wirtanen
Village East
Wirtanen
Brooks Beach
East Lake Okoboji
Hackett’s
Del’s
Arnolds Park
Village West
Manhattan Beach Resort
West Lake Okoboji
Rockwell Gets Two Cedar Rapids Contracts Worth 13 Million
Iowa Senator Tom Harkin's office announced two Rockwell International Collins Government Aviation Division contracts in Cedar Rapids totaling about 13 million dollars. The larger, 8.6 million, covers JTIDS work as a subcontractor to Singer Corp for the Army Defense Department system. The 4.3 million deal funds value engineering on the NAVSTAR GPS project. Work will be in Cedar Rapids and Coralville.
MENTIONED IN THIS ARTICLE
Rockwell International
Collins
Cedar Rapids
Iowa
Tom Harkin
Army
Defense Department
Rockwell
Singer Corp
JTIDS
Coralville
Iowa farmland prices rise signaling optimistic farming mood
A USDA report shows U.S. farmland values up 3 percent to 564 per acre, with Iowa up 42 to 890. Local dealers say rising prices reflect renewed optimism, strong cattle markets, steady hogs, and healthy exports, though caution remains about the broader economy.
MENTIONED IN THIS ARTICLE
Iowa
Gene Falcon
Byers
U.S. Department of Agriculture
U.S
USDA
Casey Clark
Agra Partners
Marion
Clark
America
Midwest
Northeast
Plains
Lake States
Falcon
Cedar Rapids
Farm Health and Safety Survey Heads to Iowa Farms
The University of Iowa will mail 350 randomly selected Iowa farm couples for a health and safety survey. Researchers aim to identify occupational risks, gauge attitudes, and guide public and private health efforts with confidential responses. Results expected by summer and to be shared at a national conference in Iowa City and Des Moines next September.
MENTIONED IN THIS ARTICLE
Gazette
Johnson County
Iowa City
Iowa
University of Iowa
U of I Institute of Agricultural Medicine and Occupational Health
Kelley Denham
U of I College of Medicine
Denham
U of I
Iowa State University
Des Moines
Also Mentioned on This Page
Dubuque Pack
Met-Coil Corp
Mercedes
Mercedes-Benz
North America
Europe
United States
Montvale
N.J
Brian Murphy
Associated Press and Gazette
AMS JA
Long Lines Reports
Okoboji Acquisitions
Idwest Markets
Chicago
Ike
Epsrade
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