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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jul 28, 2012
Page
10
BioLife Plasma Services plans a second donation site in Cedar Rapids with a 17 500 square foot facility at 1855 Edgewood Rd SW. The Baxter subsidiary already runs a Cedar Rapids site at 5950 Rockwell Dr NE opened in 2008. The new center will employ 35 to 40 workers and may add 30 more as growth continues.
Alliant Energy reported a record energy usage on Wednesday in its west control area covering Iowa and Minnesota. The peak reached 3,724 megawatts at 5 p.m. on the hottest day of a hotter than normal summer, with Cedar Rapids at 103 and Iowa City at 105. The prior record of 3,699 megawatts stood since July 18, 2011.
MidwestOne Financial Group says its second quarter ended June 30 delivered net income of 3.5 million dollars or 41 cents a share, up from 3 million or 35 cents a share a year earlier. Adjusted earnings were 56 cents a share after gains from a mortgage center sale and a pension plan termination and liquidation expense.
U.S. economic growth cooled in the second quarter with consumer spending dropping to its slowest pace in a year. The Commerce Department reported a 1.5 percent annualized growth rate from April to June, while revising January-March GDP higher to 2.0 percent from 1.9 percent.
Gov. Terry Branstad on a Santiago teleconference says Brazil and Chile offer the best growth potential for Iowa trade expansion and investment. Iowa Economic Development Authority Director Debi Durham notes strong reception and collaboration in agriculture, energy, manufacturing and cultural exchanges with South American partners.
Cedar Rapids shop Frame Trader offers affordable custom framing and keepsake displays. Calvin Paul Spinka and Frank Spinka describe their shift from a trade-in concept to bespoke framing, including shadow boxes with bricks, Matchbox cars, and a flag display. They emphasize high service, wide frame choices, and in-house woodwork.
Berlin reports a cultural preference for cash in Germany shaping policy and commerce. Merkel’s stance on the euro crisis resonates amid widespread cash use, with Germany pushing high denomination notes, low credit card reliance, and a mortgage debt decline in 1998–2010.
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