Iowa and Postville to land 86 new jobs at Norplex plant
The Iowa Department of Economic Development partners with Postville to invest 175000 in Norplex Inc. to expand the Postville plant, creating 86 jobs at an average starting wage of 11.16 dollars per hour. Norplex employs 120 workers making industrial plastic laminate products. Alliant Energy expands energy rebate to include high efficiency washers with a 150 dollar incentive from April 15 to July 15 for Energy Star models. Models include Electrolux Frigidaire Equator Fisher Paykel GE Maytag Mile Sears Kenmore and Whirlpool. Some Iowa cattle sheep goats and buffalo owners may receive Farm Service Agency compensation for disaster losses across 62 counties with sign-up in early June.
MENTIONED IN THIS ARTICLE
Iowa Department of Economic Development
Postville
IL Norplex Inc
Norplex
Iowa Community Economic Betterment
Alliant Energy
Alliant
Energy Star
Kim King
Alliant Energy Product Manager
Iowa
Farm Service Agency
Allamakee
Benton
Buchanan
Cedar
Clayton
Delaware
Dubuque
Fayette
Jackson
Johnson
Jones
Keokuk
Linn
Louisa
Muscatine
Scott
Winneshiek
FSA
UP stockholders vote to cap golden parachutes at meeting
Union Pacific Corp shareholders approved a non-binding proposal to subject large executive severance packages to a shareholder vote by 56 to 44 percent at the annual meeting. The measure goes to the board of directors for action. Cornish Hitchcock of Amalgamated Bank LongView Collective Investment Fund commented on the restraint goal.
MENTIONED IN THIS ARTICLE
Union Pacific Corp
Cornish Hitchcock
Amalgamated Bank of New York LongView Collective Investment Fund
Markets Closed Friday for Good Friday Holiday
The nation's stock and commodity markets were closed Friday in observance of Good Friday, with traders observing the holiday and markets remaining shut.
American drops executive retention bonuses after union fury
After swift union backlash and workers approving wage cuts, American Airlines scrapped a plan to pay top executives bonuses if they stay through January 2005. CEO Donald Carty apologized, saying shared sacrifice justified giving up retention pay. The plan also included a funded pension trust for 45 executives and six six-figure bonuses for top leaders.
MENTIONED IN THIS ARTICLE
Dallas
American Airlines
Donald J. Carty
American
John Ward
AMR Corp
Securities and Exchange Commission
AMR
Carty
New John Deere Store Opens in Coralville
John Conrad opens City Tractor Co. Inc. at 1000 25th Ave south of Coral Ridge Mall in Coralville selling John Deere consumer and commercial equipment. The store will employ about seven staff with potential hires later, offering skid steer loaders backhoes tractors up to 75 HP plus parts gifts and service.
MENTIONED IN THIS ARTICLE
Marlene Lucas
Gazette
Coralville
John Deere Equipment
McCabe Equipment Inc
Coral Ridge Mall
John Conrads
City Tractor Co. Inc
25Th Ave
John Deere
Conrads
John Deere Stores
Quincy
Ill
Kent City
Mich
Brian Ray
The
Gazette City Tractor Co
Jesse Rohret
Oxford
Iowa gas prices fall to statewide average of 1 46 a gallon
Prices dropped from 1.65 on March 18 to 1.46 on April 17 per the Iowa DNR Motor Fuels Survey. Fort Dodge topped at 1.52 while Cedar Rapids and Sioux City were at 1.41, with projections to the high 1.30s if crude oil remains low.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Iowa
Jennifer Moehlimann
DNR
Fort Dodge
Iowa City
Des Moines
Cedar Rapids
Sioux City
Principal buys stake in HIV drug distributor Allion Healthcare
Principal Financial Group Inc of Des Moines disclosed it purchased 733 334 convertible preferred shares of Allion Healthcare Inc a Huntington Station New York based firm that distributes AIDS and HIV drugs The deal valued at the equivalent of 3 66 million based on Allions early April share sale to private investors Analyst Alfred Capra notes insurers like Principal diversify large portfolios and invest across assets
MENTIONED IN THIS ARTICLE
DES Moines
Principal Financial Group Inc
New York
Securities and Exchange Commission
Allion Healthcare Inc
Huntington Station
N.Y
Allion
Principal
Alfred Capra
Putnam Lovell Nbf
Bargain bar code site shut down after Wal-Mart pressure
The ReCode.com group behind a barcode price manipulation satire closed the site Wednesday following lawyer contacts from Wal-Mart. The operators, led by Mike Bonnano, say printing barcodes on stickers and swapping price tags could be illegal, though they defend the site's publishing concept.
MENTIONED IN THIS ARTICLE
Associated Press
Wal-Mart Nc
Wal-Mart
Nathan Hactivist
Re-code.com
Tom Williams
Mike Bonnano
Loudonville
N.Y
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