Economy

Economy & Business news

Thanks to tax reform, utility bills will start going down soon. MidAmerican Energy says bills will be lowered for its Illinois customers starting in April, and probably for Iowa customers in May.

Thanks in part to manufacturing, unemployment dropped again in the Quad Cities last month. The rate fell from 5.5 per cent a year ago, to 4.4 per cent in February.

WVIK News

Illinois may help communities along the Mississippi River save their historic buildings. State representative Mike Halpin from Rock Island is sponsoring a bill to make tax credits available for rehabilitating historic structures.

https://goo.gl/mdgDAh / USDA

A study from the USDA found consolidation over three decades has led to larger farms owned by fewer people. But at the same time, researchers also concluded the number of very small farms increased by about 20%.

Medline Jobs in Dubuque

Mar 27, 2018
Medline Industries / Medline Industries

The state of Iowa wants to help a Dubuque company expand and add jobs. Medline Industries is one of ten projects recently awarded tax benefits and other incentives by the Iowa Economic Development Board.

Tax benefits will help Medline spend more than $19-million for a new customer service facility and create 105 jobs.

Business and government leaders from the Quad Cities will return from Washington DC today, after promoting local projects and learning about issues. About 30 people went on the three-day trip sponsored by the chamber of commerce.

A power plant in Clinton will close in June, six years earlier than expected. On Wednesday Alliant Energy announced the change for M.L. Kapp Generating Station.

The Quad Cities economy started the new year on an "up" note. Unemployment in January fell to 4.7 per cent from 6.1 per cent a year ago.

Rumler to Lead QC Chamber

Mar 12, 2018
Quad Cities Chamber of Commerce

The new leader of the Quad Cities Chamber of Commerce will not need much time to get oriented to the job and this area. Monday the chamber announced the hiring of Paul Rumler to be the president and ceo, starting next month.

http://americanhistory.si.edu/press/releases/precision-farming / Smithsonian website

The Smithsonian has declared 2018 "The Year of the Tractor." It's been 100 years since John Deere bought the Waterloo Gasoline Engine Company. And now, a 1918 Waterloo Boy Tractor is featured in an exhibit at the Smithsonian's National Museum of American History.

Michelle O'Neill reports tractors ushered in a new era of farming.


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