Economy

Economy & Business news

New President for Clysar

8 hours ago
Clysar

A company based in Clinton that makes plastic shrink wrap for the packaging industry, has chosen a new leader. Friday Clysar announced the promotion of Vicki Larson to president.

The state has decided to help boost business and industrial expansion in the Quad Cities and western Illinois. Wednesday, the Illinois Department of Commerce and Economic Opportunity approved enterprise zones for the Illinois Quad Cities and for Henry County.

submitted / Salvation Army of the Quad Cities

The Salvation Army has moved its Family Services office to a new location. Over the summer, the Quad Cities chapter found places for its homeless clients to live. And it closed the downtown Davenport emergency shelter. It's now working to prevent homelessness by helping families stay in their apartments and homes.

Microsoft

Rural residents of eastern Iowa and northwestern Illinois could soon have better access to the internet. Microsoft has joined forces with a company called Network Business Systems to offer broadband access to more than 126,000 people in 11 counties.

John Deere

A long career at John Deere will end next month for a member of the senior management team. Tuesday the company announced Max Guinn will retire in November.

Michelle O'Neill / WVIK News

The new, I-74 bridge will carry more than cars over the Mississippi River, helping keep the Quad Cities connected and warm. For years, the existing bridge has been home to utility lines that serve homes and businesses all over the Quad Cities.

Unemployment in the Quad Cities continues to fall. It dropped from 4.3 per cent in August of last year to 3.9 per cent last month.

Michelle O'Neill / WVIK News

A group of local investors is giving a Bettendorf manufacturer a new lease on life. Sivyer Steel announced Thursday it has emerged from bankruptcy and was sold in July for $6.5 million in cash. The company had been owned by Milwaukee-based FCF Partners since 1999. Its new name is Sivyer Steel Castings.

Iowa Farmland Values Fall

Sep 13, 2018

A new survey shows average Iowa farmland values have dropped 1.7 percent in the past six months. The report from the Iowa Chapter of the Realtors Land Institute says the decline left the values at about $6,800 an acre. 

Natalie Spahn / WVIK News

"People, partnership, and personality." Those are the three things the new head of the Quad Cities Convention and Visitors Bureau says will drive the organization. This morning, the bureau's board of directors introduced Dave Herrell, from Jacksonville, Florida, as the new President and CEO of the organization.

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