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Manufacturing

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Iowa group to attend wind energy conference

Leaders from the Iowa Lakes Corridor Development Co. are in Atlanta this week promoting Iowa’s wind energy industry.

Kathy Evert, president and CEO of the company, will be representing the group at the Windpower 2012 …

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Iowa has gap to fill in ‘middle-skilled’ workers

Although half of the available jobs in Iowa fall into the category of “middle-skilled” labor – positions requiring a high school diploma or associate degree – only 33 percent of Iowa’s work force qualifies as…
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Group calls for currency manipulation rules

Manufacturing and industrial groups in the U.S. sent an open letter to Treasury Secretary Timothy Geithner and Trade Representative Ron Kirk today, urging them to include rules on currency manipulation in any negotiation involving the…
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Here’s a big deal

Eaton Corp. agreed to buy Cooper Industries plc, a maker of electrical distribution equipment, in a transaction valued at $11.8 billion to expand its power management business and tap into the U.S. housing recovery, Bloomberg …

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Mass layoff events fall to lowest level since 2006 in first quarter

Mass layoff events decreased to their lowest level since 2006 in the first quarter of 2012, according to numbers released this morning by the Bureau of Labor Statistics.

Private nonfarm employers initiated only 1,077 mass …

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ISU teams receive grants to research biofuels

The Iowa Energy Center has awarded three Iowa State University research teams a total of $938,000 in grants to support their work to find better ways to produce biofuels and chemicals.

The teams are all …

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Grand Avenue Bridge closing at Walnut Creek

After almost 100 years in operation, the Grand Avenue Bridge over Walnut Creek at 63rd Street is being retired, meaning commuters will have to find an alternate route until a new bridge is built.

The …

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Europe losses hurt GM profit

General Motors Co. posted a first-quarter profit of $1 billion on Thursday, exceeding forecasters’ expectations, but losses in Europe totaling $256 million caused profits to increase at a slower rate, according to Bloomberg.

The once-struggling …

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Sauer-Danfoss reports increase in sales, decrease in net income

Ames-based Sauer-Danfoss Inc. reported net income of $64.8 million, or $1.34 per share, for the first quarter, down from $70.6 million, or $1.46 per share, for the first quarter a year ago.

Net sales for …

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Factory orders fall on weaker transportation orders

New orders for U.S. factory goods in March recorded their biggest decline in three years as demand for transportation equipment and a range of other goods slumped, according to new government data, Reuters reported.

The …