Economic Awards To Create 59 Jobs, Retain 227
DES MOINES, Iowa -- The Iowa Economic Development Board approved awards Thursday that they said will create up to 59 jobs in Iowa and retain another 227 jobs. The board approved incentives for planned or proposed projects located in Cedar Rapids, Harlan, Ankeny and Oelwein during its meeting. "Today's awards underscore the number of homegrown Iowa businesses and start-ups that are choosing our state as a place to start or expand operations and create jobs for Iowans," said Gov. Terry Branstad. "Innovative companies recognize the opportunities Iowa offers because of its business advantages and skilled work force," said Iowa Department of Economic Development director Debi Durham. AgSugar to expand in Cedar Rapids The board awarded a $250,000 royalty agreement and Enterprise Zone tax incentives to AgSugar International, Inc. for a Cedar Rapids expansion. The project is expected to create 24 jobs for the industrial biotechnology company, 12 of whichRyko Prevails in Legal Dispute
“This case was important in assuring that our rights were identified and protected, especially as it relates to the enforceability of our distributor contracts,” says Ryko CEO.
Ryko Manufacturing Co. Inc., a North American manufacturer of car wash equipment and a provider of service support and chemicals to the industry, has prevailed in its legal action against its former distributor, Nationwide Wash Systems Inc. of Minnesota.
Federal Magistrate Judge Celeste Bremer, seated on the U.S. District Court for the Southern District of Iowa, filed her decision in May 2011 and ruled in Ryko’s favor on claims that Nationwide had failed to pay Ryko certain amounts due for parts and whole goods purchases.
In addition, the Judge denied all of Nationwide’s counterclaims, including the allegation that Ryko had breached its 2008 distributorship agreement with Nationwide.
The two-year long case stemmed from both Nationwide’s failure to pay on unpaid account balances and interest on goods purchased by Nationwide and whether Ryko owed Nationwide rebates and credits under the terms of the distribution contract between the two parties, an assertion that the Judge felt Nationwide failed to establish.
PDQ Manufacturing Inc., a major manufacturer of touch-free vehicle wash systems, has announced the appointment of Sun Country Car Wash Systems Inc. as a new
There are seven original equipment manufacturers in SA, with most of them investing heavily in local capacity and supplier bases.
