Economy

Economy & Business news

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.

WVIK News

On Midwest Week, is it possible to live on the minimum wage ?

Country Style Expanding

Aug 30, 2018

The Quad Cities "other" well-known brand of ice cream is expanding. Thursday afternoon, Country Style will open its fifth store - in Davenport at Utica Ridge Road and 53rd Street.

Can Illinois Be Fixed ?

Aug 24, 2018

On Midwest Week, once again the AARP is soliciting suggestions from Illinois residents on how to improve their state.

For the second month in a row, unemployment in the Quad Cities in July was the lowest of any major metropolitan area in Illinois. It was 3.7 per cent compared to 4.2 per cent in July of last year.

http://quadcitieschamber.com/public/locate-start-grow/locate/data-center / Bi State Regional Commission website

Two agencies are surveying people in the Quad Cities job market. The Chamber of Commerce and Iowa Workforce Development are conducting a study to find out who works here, how much they make, and other details about the regional workforce.

Michelle O'Neill / WVIK News

Deere and Company set a record for third quarter earnings on a per share basis. This morning, Deere reported it made $910 million from May through July, or $2.79 per share compared to $1.97 for the same period last year. Without a gain from the new, federal tax law, earnings per share would have been 20 cents lower.

submitted / Mediacom Communications

A recent accident gave Mediacom a chance to show it's prepared to move fiberoptic lines quickly, with minimal interuption in service. Last week, the company's crews fixed and re-located a major section of cable from the I-74 bridge to an underground tunnel.

Pages