Business

Linn County commercial and industrial property has been re-appraised for the first time in nearly 30 years, boosting some property tax assessments. Overall, the value of commercial and industrial property in the county increased 17.23 percent, from $718,534,433 to $842,358,000, Chief Deputy Assessor Dave Ellis said. Ellis said 64 percent of the increase was due [...]

The board of directors of Goodwill of the Heartland is planning a national search for a new president and chief executive officer following the resignation last week of Jeff Nock, who assumed leadership of the nonprofit organization in May 2008. Nock, previously assistant vice president, marketing and product development for ACT In Iowa City, succeeded [...]

Interstate Power and Light Co.’s tentative plan to build a $700 million natural gas combined cycle power plant is looking less and less tentative. Alliant Energy terminated plans to build a $1.5 billion coal-burning power plant in Marshalltown in January 2010. The project had been approved by the Iowa Utilities Board, but with some big [...]

The recent increase in gas prices is likely to continue through spring, but the demand isn’t there to keep prices in record territory for long. “We’ll peak out about $4 sometime prior to Memorial Day, most likely, unless there’s some anomaly as far as a political or economic or environmental issue,” said Gail Weinholzer, spokeswoman [...]

CEDAR RAPIDS — Sometime in May visitors to Kirkwood Community College may witness students jumping out of a wind turbine and rapidly coming down a rope more than 400 feet to the ground. The emergency controlled descent training will be part of the graduation for students enrolled in the college’s two-year solar and wind turbine [...]

The University of Iowa Community Credit Union is set to begin construction on its first branch in Marion. The full-service branch will be located at the northwest corner of Highway 100 and East Post Road in Marion. Jim Kelly, vice president of marketing for the credit union, said the branch will be completed during the [...]

Officials with the New Pioneer Cooperative are hoping to move the downtown Iowa City store about one block southwest to the corner of Gilbert and College streets, where they can build a larger store, with more parking and deli seating both inside and outside. Co-op officials announced today the board of directors’ decision to bid [...]