MSI Mold Builders to expand in Linn County Iowa
MSI Mold Builders of Cedar Rapids received 144 000 in direct assistance from the Iowa Economic Development Authority for a 5.6 million expansion. The Iowa High Quality Jobs Program offers a 50 percent forgivable loan and a 50 percent zero interest loan plus 42 700 in sales tax refunds to add 18 jobs and retain 6 at the 14 500 square foot facility. The project aims to boost employment amid Iowa's rising unemployment rate and broader economic slowdown.
MENTIONED IN THIS ARTICLE
Cedar Rapids
MSI Mold Builders
Sixth St
Iowa Economic Development Authority Board
Iowa
Linn County
MSI
UI Names Associate VP for Economic Development
The University of Iowa announced on Thursday the creation of an associate vice president for economic development. David Hensley will coordinate campus wide efforts, lead an integrated strategy, and oversee the US Research Foundation and Research Park.
MENTIONED IN THIS ARTICLE
Iowa City
University of Iowa
David Hensley
US Research Foundation
Banana prices rise as rains hit Ecuador output
Bananas remain the world's most traded fruit with prices expected to climb after heavy rains in Ecuador, where rainfall ran about 60 percent above normal, curbing harvests.
MENTIONED IN THIS ARTICLE
Quito
Ecuador
Debt weighs on young couples delaying marriage
Relationship counselor Ann Hakan in Kansas City says student loan debt burdens many couples, with averages around 27 000 dollars plus credit card debt. The rise in the average age of first marriages is linked to financial pressures from college debt.
MENTIONED IN THIS ARTICLE
Kansas City
Ann Hakan
Hakan
Debt and Marriage Timing Put Strains on Couples
Bloomberg News data show average first marriage ages 28.7 for men and 26.5 for women with little direct link to loan burdens. Younger couples may keep finances separate longer and debt from professional degrees can be easier to manage. Still, money conflicts rise during engagement and wedding planning, per Chase Card Services XO Group survey.
MENTIONED IN THIS ARTICLE
Bloomberg News
Hakan
Chase Card Services
XO Group
Rockwell Collins flags further cuts amid weaker outlook
Cedar Rapids based Rockwell Collins forecasts revenue of 4.6 to 4.7 billion for fiscal 2013 down from 4.85 billion. Commercial Systems up 7 percent while Government Systems down 10 percent due to sequestration and defense program delays. EPS seen at 4.30 to 4.50, with action to adjust infrastructure.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Cedar Rapids
Rockwell Collins
Aerospace Electronics Company
Avionics
Commercial Systems
Government Systems
Clay Jones
Jones
Congress
Cruise industry slowly recovers from Costa Concordia crash
Los Angeles Times reports industry leaders and travel agents see a rebound for a 37 billion dollar sector after the Costa Concordia wreck near Giglio. The ship’s loss of life and salvage delays contrast with cautious optimism as 2012 bookings rise modestly.
MENTIONED IN THIS ARTICLE
Los Angeles Times
LOS Angeles
Italy
Europe
Giglio
North America
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