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Economic Development

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Lely to create North American headquarters in Pella

Lely North America sought $724,900 in state tax credits as the company plans a new, 150,000-square-foot facility in Pella to house the Lely Group’s North American headquarters. The expansion will allow products manufactured in Europe …

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Sammons asks state board to hold off on development incentives; Ankeny projects with potential for 500 jobs get IEDA approval

The Iowa Economic Development Authority board granted tax incentives to two Ankeny projects that could generate 500 jobs, but deferred action on plans by Sammons Financial Group to expand in West Des Moines after the …

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Iowa unemployment rate held steady last month at 2.4%

Iowa’s seasonally unemployment rate remained at 2.4 percent in November, Iowa Workforce Development said. The state’s jobless rate was 2.9 percent one year ago. The U.S. unemployment rate remained at 3.7 percent last month. The …

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Iowa rural index rises

Creighton University’s Rural Mainstreet Index for Iowa rose to 53.7 in December from 48.7 the month before. Anything above 50 suggests growth. The state’s farmland price index was unchanged at 35.6. The new-hiring index fell …

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Leaders Survey: Economic development

The Business Record’s 2018 Leaders Survey asked readers their opinions on a number of topics, including economic development incentives. You can find results here. We’re sharing other results and comments in our e-newsletters this month.

Agree …

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State task forces call for better broadband, housing

Three task forces working on the state’s Empower Rural Iowa Initiative have called for prioritized improvements in broadband service and a series of housing assessments. 

Gov. Kim Reynolds assembled the panels, and the overall effort …

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D.M. ranks among top 20 U.S. cities for households making a least $100,000 a year

Des Moines Register: A greater share of households in Des Moines earn at least $100,000 annually than in most American cities, according to a recent analysis by financial technology company SmartAsset. The Des Moines-West Des Moines …

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Des Moines prepares for local option sales tax vote

The city of Des Moines is prepping to place the local option sales tax before its voters next year, with the City Council set to vote Monday on ballot language and a set of spending…
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Iowa Chamber Alliance supports tax reform, talent attraction

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IBC sets legislative priorities

The Iowa Business Council’s legislative agenda this year focuses on building talent, strengthening the economy, and boosting and diversifying Iowa’s population.

“Our members are committed to elevating Iowa’s long-term economic vitality. We believe our outlined …