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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 01, 2010
Page
15
The Dow rose 4.99 to 10,014.72 and the S P 500 edged up 0.41 to 1,049.33 while the Nasdaq fell 5.94 to 2,114.03 as Fed minutes show rising concern about the economy.
A Czech Republic based tire company plans a 43 million dollar agri tire plant at Charles City in northern Iowa. Gov. Culver and CGS Tyres announced the project at the Farm Progress Show in Boone. The plant would create 159 jobs with production slated to start in 2012 after six years of Iowa Economic Development Department collaboration.
Sprint introduces Common Cents Mobile pay as you go service in Corridor area Wal Marts expanding to Cedar Rapids Coralville and Iowa City and other Iowa stores. The program reaches 1250 Wal Marts nationwide with rates at 7 cents per minute and 7 cents per text after the first minute.
Workspace Expo Solutions hosts its 10th annual event from 11 a.m. to 2 p.m. at 1239 First Ave. SE Cedar Rapids. The expo features product demonstrations samples and prizes spotlighting the latest in office furniture and interior products.
Alimentation Couche-Tard extends its hostile bid for Casey's General Stores to September 30 after a $36.75 per share offer. no price increase. The stake held by Couche-Tard continues to fall, according to Associated Press reporting.
Carlotta Knox Seymour, 56, of Cedar Rapids, aims to upgrade Carlotta's Sweet Things from home based wholesale banana bread to a commercial storefront. Her loaves sell for 6.49 to 7.49 and currently appear in Fareway stores and five Hy-Vee locations, with plans to add pies and retail space as permits allow. Seymour began after years of planning, drawing on family ideas and jogging between jobs across Milwaukee and Cedar Rapids before returning in 2008. She cites a guiding voice encouraging the food venture and seeks to broaden distribution beyond Iowa.
Richard Dick Ferguson ends a 37 year tenure at ACT Inc in Iowa City as he steps down after leading since 1988 and helping the firm expand from high school to college transitions with an international reach. Jon Whitmore named CEO and board member, succeeding the longtime president.
Mark Seckman a 18 year leader of Priority One the Cedar Rapids Area Chamber of Commerce economic development arm resigns effective Tuesday He will seek other opportunities Barry Boyer Priority One chair says an executive committee will name a successor within 30 days Seckman joined Priority One in 1992 became president in 2000 and projects under his tenure helped create about 14400 jobs attract 59 new companies assist 209 expansions and drive over 2.1 billion in capital investment
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