bankruptcy

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.

Shopping malls in the Quad Cities and across the midwest could soon have some major vacancies. The Bon Ton Stores is moving toward liquidation, and that includes Younkers and Bergners in Iowa and Illinois.