PETA’s caged pig sculptures to be displayed ‘on a busy intersection’ by Cedar Rapids Fareway grocery store on Saturday November 15, 2008
Posted by John in Business.Tags: Agriculture, animal abuse, Animal rights, animals, Cedar Rapids (Iowa), demonstrations, factory farms, Fareway, PETA, pork
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From PETA release (People for the Ethical Treatment of Animals):
Caged ‘Pigs’ Force Lunchtime Crowd in Cedar Rapids to Face Factory-Farm Cruelty
To illustrate the immense suffering and routine cruelty that pigs endure before they are made into ham and bacon, two pig sculptures–confined to metal stalls just as pigs on factory farms are–will be displayed on a busy intersection in Cedar Rapids on Saturday. This display–part of PETA’s “Think Before You Eat” campaign–comes on the heels of PETA’s new undercover exposé of an Iowa pig farm that supplies Hormel. The investigation uncovered routine, intentional abuse: Investigators documented …
Where: Fareway Grocery Store, 4220 16th Ave. S.W., Cedar Rapids
When: Saturday, November 15, 12 noon
Activision acquires Guitar Hero PS2 developer Budcat Creations, of Iowa City November 11, 2008
Posted by John in Business.Tags: Activision Publishing, Budcat Creations, Iowa City (Iowa)
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From Gamasutra:
Activision Publishing is acquiring Budcat Creations, an Iowa-based developer specialized in creating Nintendo DS, Wii, and PlayStation 2 games.
Under the agreement’s terms, Budcat has become a wholly-owned subsidiary of Activision, and the company’s management team has signed multi-year employment contracts. The studio, which claims over 45 employees, will continue to operate in Iowa City. …
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NPC International to acquire 7 Pizza Hut restaurants in Cedar Rapids area November 6, 2008
Posted by John in Business.Tags: Cedar Rapids (Iowa), NPC International Inc, Pizza Hut Inc
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From press release at MarketWatch:
Consistent with NPC International, Inc.’s objective to continue growth in the Pizza Hut system, NPC announced today that it had entered into two agreements with Pizza Hut, Inc. (PHI). …
The units to be acquired pursuant to the APA are located in and around Tampa, Florida (82), and rural Cedar Rapids, Iowa (7), and are comprised of 46 delivery/carry-out units and 43 dine-in restaurants. …
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Paetec McLeodUSA units settle billing disputes with Qwest October 24, 2008
Posted by John in Business.Tags: McLeodUSA, Paetec, Qwest, settlements
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From Reuters:
Qwest has agreed to make a payment and, under specified circumstances, provide commercial credits to the two [Paetec] units, McLeodUSA Inc and McLeodUSA Telecommunications Services Inc, Paetec said. …
Iowa’s offer of $81 million in tax breaks and incentives fails to lure global steel producer to expand in Eastern Iowa city October 22, 2008
Posted by John in Business.Tags: business incentives, company expansion, Mobile Alabama, Montpelier (Iowa), SSAB, steel mills
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From Oct. 21 (Alabama) Press-Register:
MOBILE, Ala. — SSAB’s steel mill in Mobile County’s Axis community has beaten out the company’s mill in [Montpelier] Iowa as the site for a $460 million expansion that will create 180 new jobs, the company announced this morning. …
Iowa had offered $81 million in tax breaks and incentives to lure the expansion to SSAB’s mill at Montpelier, on Iowa’s eastern edge. …
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Penford of Cedar Rapids called a ‘cheap loser’; How that could be a good thing October 20, 2008
Posted by John in Business.Tags: Cedar Rapids (Iowa), market timing, markets, Penford, stocks
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From Barron’s:
If you have the courage to call this epochal bear market’s bottom, you might want to know which stocks bounce quickest in an upturn. You might consider some ‘cheap losers.’ This is Joe Mezrich’s term for stocks selling at a cheap price-to-book-value ratio and a recently crushed stock price. …
Other cheap losers are Penford (PENX), whose industrial-starch factory is coming back on line after the June floods of Cedar Rapids, Iowa, and …
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CNN/MONEY VIDEO: ‘Hard times in the heartland; Factory layoffs and a flood mean suffering for [Amana Colonies]‘ October 17, 2008
Posted by John in Agriculture, Business.Tags: Al Powell, Amana Colonies (Iowa), economy, farming, flooded areas, Flooding, Floods of 2008, John Vought, tourism, Whirlpool
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VIDEO from CNN Money
From the article:
AMANA COLONIES, Iowa (CNNMoney.com) — The turmoil on Wall Street has come to the Pit Stop, a bar in the blue-collar town of Marengo, Iowa.
That’s where Al Powell spent a recent Sunday afternoon thinking about his future after he and his wife were laid off from their assembly line jobs at the nearby Whirlpool factory. …
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‘Rockwell Collins to shutter in Miami’; 60 Florida jobs will be lost, repair work going to Mexico October 14, 2008
Posted by John in Business.Tags: aviation, avionics, Cedar Rapids (Iowa), international business, Mexico, Miami (Florida), Rockwell Collins
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From South Florida Business Journal:
Aerospace company Rockwell Collins will be shutting down its Miami service center and letting go 60 employees who work on in-flight entertainment equipment. …
The employees will be laid off between Dec. 12 and Feb. 20, 2009. …
[Spokesman Dave] Gosch said there are no further layoffs planned.
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Prairie Lights bookseller Paul Ingram featured by Publishers Weekly October 13, 2008
Posted by John in Business.Tags: Books, Paul Ingram, Prairie Lights Books
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From Publishers Weekly:
If the world were a just place, there would be a constant spotlight from heaven shining on bookseller Paul Ingram. Instead, he’s swathed in the glow of fluorescent lights in the basement commons room of First Unitarian Church in Davenport, Iowa. At 10 on a Sunday morning, he’s practicing the fine art of the hand-sell. A tiny man, he has to reach up to the pulpit to address the 35 people that have gathered to hear him preach about books. …
Cedar Rapids trucking company ranks in top 200 of InformationWeek 500 September 26, 2008
Posted by John in Business, Technology.Tags: CRST International, Data warehousing, InformationWeek, innovation, John Smith, transportation industry
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From PR Web (press release newswire):
Cedar Rapids, Iowa (PRWEB) September 26, 2008 — CRST International, one of the largest privately-held transportation companies in the country, today announced that it has been listed on the 2008 InformationWeek 500. This is the first time CRST has been chosen for the list, which focuses on innovation in technology. …
CRST was chosen for the list based on the technology used to create its new Data Warehouse, which provides managers the ability to track KPI’s, obtain more detailed reporting, and spot trends as they start. …
“CRST is pleased to be number 184 on the InformationWeek 500 for 2008,” said John Smith, President of CRST International. …
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