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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 21, 2012
Page
6
Cedar Rapids Airport Commission expects approval of a 350000 Rebuild Town Infrastructure Fund grant toward a 3.4 million passenger terminal lobby renovation at Eastern Iowa Airport. Federal support covers 2.74 million, 90 percent, with the airport paying 343000.
Iowa shed 1 600 jobs in March from February with declines in trade and transportation government and leisure and hospitality while manufacturing gained 2 400 and construction 1 300 The unemployment rate eased to 5 2 percent from 5 8 percent year ago showed 5 9 percent For Google Council Bluffs a $300 million investment could lift Iowa total to about 900 million creating 35 jobs initially and 15 later with state tax incentives approved by the Iowa Economic Development Authority.
The U S Department of Justice says Walgreens Co will pay 7.9 million to resolve allegations it offered 25 gift cards to transfer prescriptions from government programs like Medicare and Medicaid to Walgreens pharmacies. Des Moines Register Associated Press
Whirlpool Corp will invest 3.1 million to install a premium built in line at the Amana refrigerator plant using 400 thousand in tax credits approved by the Iowa Economic Development Authority. The project moves production equipment from its Fort Smith Arkansas plant and adds about 160 jobs. The Amana plant primarily produces bottom freezers. The authority also approved incentives for 11 companies creating 403 new positions and 44 retained jobs with 389 million in capital investment.
ALB GOld Noodle Shop joins Serena's Coffee Cafe and Tastings in Old Brick House Market Amana marking a grand opening. Klaus Freidler led the company’s Amana plans after a 2010 heart attack and a 2011 relocation move, with Andre Freidler and local owners shaping the site.
US Airways said it reached agreements on labor terms with AMR's three largest unions as it moves toward a potential merger with American Airlines, which is in Chapter 11. The deal hinges on AMR’s bankruptcy plan and creditors' panel dynamics, with US Airways aiming to become the world’s largest carrier if tied to American.
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