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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 17, 2014
Page
13
Rockwell Collins secures contracts to supply large format flight displays integrated surveillance and select flight control systems for the Boeing 777X. The Cedar Rapids company previously won the Flight Control Module for the 777X IFEC fly by wire system.
Iowa Economic Development Authority Director Debi Durham plans to remain for the next year, not committing to a four year term. Gov. Terry Branstad’s spokesman praised her work in guiding the agency into a public private approach.
Dallas based Cufflinks Inc partners with Neiman Marcus to offer 14 karat gold Star Wars Darth Vader cufflinks at 4200 dollars and new snow globe cufflinks at 150 dollars. Cufflinks.com now has 700 retail customers including Nordstrom and Amazon, with 20 employees and annual sales projected at 7 to 10 million. Founder Ravi Ratan sold a stake to Marc Ostrofsky in 2007 and remains a dominant figure in the company amid a 50 to 75 million dollar U.S. cuff links market.
TransUnion projects the national average auto loan debt per borrower rising to 18,244 by end of 2015 marking 19 straight quarters of increases since 2011. Delinquency rate is expected to edge up to 1.27 percent nationally by year end with varied state changes including Rhode Island and Colorado up 11 percent and Alaska down 5 percent.
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