Economy

Economy & Business news

Y & J Properties

Some century-old Davenport warehouses have been renovated for residential and commercial use. Y & J Properties and Insight Management will offer tours Friday afternoon of the Gordon-Van Tine buildings on Federal Street. 

The Clinton Regional Development Corporation is well on its way to raising the money it needs for the next five years. Thursday leaders announced donations from the private sector exceed one million dollars, and the public phase of the campaign will begin in December. The overall goal is 2.5 million dollars.

Shrink Smart

Oct 25, 2019
Grand Mound

On Midwest Week, how small towns can survive and thrive, as jobs and people move away.

Unemployment held steady in the Quad Cities last month at 3.9 per cent - the same as in September of last year. And it was just one-tenth of one per cent higher than in August.

IHMVCU

A year and-a-half after construction began, the I-H Mississippi Valley Credit Union has moved into its new headquarters in Moline. 

WVIK News

A five year, multi-million dollar investment in downtown Moline may soon start to pay off for a local company. Heart of America Group, which owns hotels and restaurants in several states, will officially open the Axis Hotel on Thursday.

Unimil

Deere & Company has bought a company in South America that makes parts for sugarcane harvesters. Unimil is based in Brazil, was founded in 1999, and has 430 employees.

JC Penney

Preparing for what it calls "crowds of eager holiday shoppers," JC Penney will hold its second annual National Hiring Day on Tuesday. The company has announced plans to hire 37,000 seasonal workers for a variety of jobs.

https://www.facebook.com/pg/LoPiezpizza/photos/?ref=page_internal / LoPiez Pizza Facebook photos

Nearly six months after the Mississippi River flooded dozens of Davenport companies, most of them are back in business. The Downtown Davenport Partnership says 75 to 80 companies across the Quad Cities were impacted by the flood, with about 35 of them located in downtown Davenport. 

John Deere

Workers at two John Deere plants in the Quad Cities will soon lose their jobs. Tuesday the company announced indefinite layoffs for about 50 production workers at the Harvester Works in East Moline, and 113 at the Davenport Works.

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