Corridor firms get state aid for expansions in Cedar Rapids
Three Corridor companies received Iowa Economic Development Authority assistance. Cedar Ridge Vineyards will expand by 1.1 million, adding 3,000 square feet with 40,700 in tax credits, boosting local grain sourcing. Gott Ice Cream plans a 1.2 million Tipton facility with 39,250 tax credits and 125,000 in cash. CRST International seeks an 11 story downtown Cedar Rapids headquarters with 1.75 million in tax credits for a 36 million project including parking and eight office levels.
MENTIONED IN THIS ARTICLE
Iowa Economic Development Authority
Cedar Ridge
Gott
David
Iowa
Minnesota
Tipton
David Gott
Midwest
Crst International
CRST
Cedar Rapids
John Smith
the Gazette
Solum Long
Cedar Ridge Vineyards
Swisher
Credit card delinquencies fall as Americans pay down debt
TransUnion reports the first quarter delinquency rate for credit cards at 1.37 percent, down from 1.51 percent a year earlier, with average debt per borrower easing to 5164. The firm notes tax refunds and post holiday payments aid improvement while card accounts rose to 344.53 million.
MENTIONED IN THIS ARTICLE
TransUnion
Ezra Becker
Toni Guitart
Green Beret crafts Topfinger Brush reinventing brushing
Former Green Beret Steven Walther designs the Topfinger Brush held between two fingers to reduce pressure and save enamel. He created prototypes in Afghanistan, filed a provisional patent in 2011, and after a dental society debut in Myrtle Beach sold tens of thousands to dental offices and distributors from a garage.
MENTIONED IN THIS ARTICLE
Steven Walther
Walther
Afghanistan
North Carolina Dental Society
Myrtle Beach
S.C
Wisconsin
Dental Society
Iowa job market improves with 4.3 percent unemployment
Iowa's unemployment rate falls to 4.3 percent in April from 4.5 percent in March as private employers add 5,600 jobs. Construction leads gains with 3,100 new positions, while government payrolls stay unchanged and goods producing and trade sectors rise. The state totals rise to 1,621,300 employed and 73,700 unemployed.
MENTIONED IN THIS ARTICLE
Iowa
Teresa Wahlert
Iowa Workforce Development
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George C. Ford