Industry News

Microsoft Corp. were among eight businesses approved Friday for financial incentives by the Iowa Economic Development Authority Board. ReConserve Inc., corporate parent of Cedar Rapids-based ReConserve of Iowa, was awarded tax benefits through the state's high quality jobs program for a $12 million modernization project. The company, which collects and processes bakery waste materials into animal feed ingredients, is planning a..."/>
Corridor companies get state financial help [The Gazette, Cedar Rapids, Iowa]
Boeing Co. told some Oklahoma City employees Friday they could be laid off in the next 60 days. The aerospace company gave "a small number of employees" a 60- day notice of possible layoffs, the company said Friday. Boeing did not disclose how many employees in Oklahoma City had received layoff notices."/>
Boeing gives some OKC workers layoff notices [The Oklahoman, Oklahoma City]
Amazon.com plans to open a new Lehigh Valley warehouse off Route 33 in Palmer Township in the Chrin Commerce Centre. Amazon's move, which is part of a statewide expansion, is expected to create at least 500 full-time jobs at the Palmer warehouse. Here are five things to know about the online retail behemoth, its local presence and what's behind the growth push."/>
Amazon's expansion and the Lehigh Valley: 5 things to know [The Morning Call (Allentown, Pa.)]
Alaska Air Group Inc. netted another record second quarter profit of $263 million, the company announced Thursday, and continues to pay down debt as it prepares to close a $4 billion deal to purchase Wes Coast competitor Virgin America. The $263 million net income is a 14 percent increase over the second stanza of 2015, which was also a quarterly record at the time. It came on the back of $1.5 billion in operating revenue, which was 4 percent year-over-year growth."/>
Alaska Air Group has another record quarter; profits fueling Virgin purchase [Alaska Journal of Commerce, Anchorage]
Amazon.com announced Thursday it will hire more than 500 full-time workers and open a second fulfillment center in the Lehigh Valley, this time in a burgeoning business park off the new Route 33 interchange. Already a massive presence in the Lehigh Valley, Amazon plans to open a 1.1 million-square-foot warehouse in the 800- acre Chrin Commerce Centre in Palmer Township, essentially doubling its distribution capacity in the..."/>
Amazon to hire 500 for second Lehigh Valley warehouse [The Morning Call (Allentown, Pa.)]
Commercial Vehicle Group on Wednesday said it will close its plant in Monona, idling more than 100 people. The New Albany, Ohio, company shut down a plant in Edgewood in late May, eliminating about 80 jobs."/>
Monona plant closing, latest in round of Iowa manufacturing job losses [The Gazette, Cedar Rapids, Iowa]
Blue Bird Corporation, the leading independent designer and manufacturer of school buses, will release its fiscal 2016 third-quarter financial results before the market opens on August 4, 2016.. The public is invited to attend an audio webcast in which Blue Bird executives Phil Horlock, President and CEO, and Phil Tighe, CFO, will discuss results."/>
Blue Bird Corporation to Report Fiscal 2016 Third-Quarter Earnings Results on August 4, 2016

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