UTC says tariff threats do not derail Rockwell Collins buy
UTC CEO Greg Hayes said U S China tariff pressures have not altered regulators' review of United Technologies acquisition of Rockwell Collins. He expects close in midyear, with Collins Aerospace formed and executives split between Palm Beach County Florida and Cedar Rapids Iowa amid multi country approvals.
MENTIONED IN THIS ARTICLE
U.s.-China
Rockwell Buy
UTC
United States
China
United Technologies Corp
Rockwell Collins
Rockwell
Collins
Greg Hayes
Farmington
Hayes
UTC Aerospace Systems
Collins Aerospace Systems
Collins Aerospace
Palm Beach County
Fla
Cedar Rapids
Kelly Ortberg
UTC Aerospace
Dave Gitlin
Matthew
Patane
Rising loan costs squeeze American farmers amid higher rates
Farmers face higher fixed-rate loans as the Federal Reserve tightens credit. Bankers warn debt burdens rise and some may reduce lending or drop farming. Net farm income is projected to fall to 59.5 billion in 2018 from 123.8 billion in 2013. Public rural spending may slow as farmers curb purchases and maintenance.
MENTIONED IN THIS ARTICLE
China
Jason Barnes
Pierre
S.C
Federal Reserve
U.S
Fed
Barnes
Jerry Catlett
Bruning State Bank
Bruning
Neb
Omaha
Catlett
U.S. Department of Agriculture
Mike Yackley
BankWest Inc
Selby
Onida
S.D
United States
Waldinger Acquires Ladco Inc. In Cedar Rapids
Waldinger Corp. of Des Moines announced it has acquired Ladco Inc., a Cedar Rapids sheet metal contractor and HVAC installer. About 100 Ladco employees will join Waldinger, with Doug Hamilton becoming Eastern Iowa sheet metal manager. Combined, about 650 employees. Terms not disclosed.
MENTIONED IN THIS ARTICLE
Cedar Rapids
HVAC
Waldinger Corp
Des Moines
Ladco Inc
Ladco
Waldinger
Guy Gast
Iowa
Doug Hamilton
Eastern Iowa
Washington company joins Pennsylvania biodiesel network
Washington County based Town Renewable Energy partners with HERO BX of Erie Pennsylvania to manufacture and market biodiesel. HERO BX founder Samuel Black III says the alliance lets HERO BX operate with pioneers in renewable energy while TRE expands distribution. Ron Lutovsky of TRE notes improved efficiency and a growing national biodiesel network.
MENTIONED IN THIS ARTICLE
Town
Black
Towa Renewable Energy
Hero EX
Ron Lutovsky
IRE
HERO
TRE
Hero BX
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Matthew Patane
the Gazette
Agribusiness
Emberg News
U.S. Agriculture Department
Des Moines Company
Jadco Inc
Matthew.patane
Thegazette
Guy Gast Waldinger
Washington
Renewable Energy
Pennsylvania
Mitchell Schmidt
Mitchell.schmidt
Thegazette.com