Rockwell to close Collins Printed Circuits unit
Rockwell Collins will shut its Collins Printed Circuits manufacturing unit in Cedar Rapids over six to nine months due to declining profitability. About 80 workers will be affected and can apply for other open jobs. notifications start in August with last day between September and January.
MENTIONED IN THIS ARTICLE
Rockwell
Rockwell Collins
Collins Printed Circuits Manufacturing
Cedar Rapids
Josh Baynes
Sis
Collins
Baynes
Housing Foreclosures Decline in Cedar Rapids and Iowa City
CoreLogic data show February foreclosure rates in Cedar Rapids at 2.00 percent, down 0.17 from 2.17 in February 2012, while Iowa City recorded 1.06 percent. Mortgage delinquencies fell to 3.46 percent in Cedar Rapids and 1.89 percent in Iowa City, from year-ago levels.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Iowa City
CoreLogic
Irvine
Calif
Cedar Rapids Area
Iowa colleges launch IAM consortium to test manufacturing skills
Iowa colleges unveil the Iowa Advanced Manufacturing Consortium to use ACT’s WorkKeys tests and the National Career Readiness Certificate Plus. The $13 million grant from the U S Department of Labor funds testing to benchmark worker skills for middle skill manufacturing jobs. Representatives say the effort will align curricula with employer needs and fill thousands of open manufacturing positions in the state.
MENTIONED IN THIS ARTICLE
OWA
Kirkwood Community College
Mick Starcevich
Iowa Community Colleges
Iowa Advanced Manufacturing Consortium
IAM
ACT Inc
U.S. Department of Labor
Robert Denson
Des Moines Area Community College
ACT
Iowa City
Denson
Iowa
Amy Lasack
Kirkwood Training and Outreach Services
Direc
Regulators push banks to curb payday style deposit advances
Federal regulators issued a 21 page guidance urging banks to limit deposit advances tied to paychecks or Social Security. The document seeks a clear ability to repay standard and requires clear disclosure of costs and board approved underwriting policies. Banks like Wells Fargo and U S Bancorp are cited as examples of firms offering these loans as a lower cost alternative to street payday loans.
MENTIONED IN THIS ARTICLE
Wells Fargo & Co
U.S. Bancorp
Office of the Comptroller of the Currency
Federal Deposit Insurance Corp
FDIC
Martin Gruenberg
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