Economy

Economy & Business news

Zach Wilson, WVIK News

The revitalization of downtown Bettendorf will continue, thanks to the implementation of a SSMID, or Self-Supported Municipal Improvement District. Property and business owners will be taxed $2.75 for every one thousand dollars of property value in order to aesthetically and economically improve downtown.

Trigger Interactive, LLC

A new company in Le Claire will get help from the state of Iowa to develop its products. Trigger Interactive will use the $25,000 loan to pay for product and consumer testing.

More than 3,000 members of the United Steelworkers Union, including some in the Quad Cities, will vote Thursday on a new contract. Late last month the union and Arconic reached a tentative agreement.

Flickr - Fort Greene Focus

On Midwest Week, Illinois prepares for the legalization of recreational marijuana.

Their second attempt to negotiate a new contract seems to have worked. On Friday Arconic and the United Steelworkers Union announced they've reached a tentative agreement. 

Unemployment fell slightly in the Quad Cities last month - down one-tenth of one per cent during the past year, to 3.5 per cent in May.

WVIK News

All the estimates aren't in yet, but the flood of 2019 is going to cost us all a lot of money.

Talks are scheduled to resume this week between Arconic and the United Steelworkers Union, afffecting about 1,900 hourly workers at the plant in Riverdale. 

https://ipsco.com/facilities/camanche-ia/ / TMK IPSCO

Later this summer, more than one-hundred people who work for a plant in Camanche will have to look for new jobs. 

The city of Keokuk will have to spend more money than anticipated on some planned renovations to the proposed Southeast Iowa Development Center, which will be located at 1417 Exchange Street.

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