Monthly Archives: October 2020

Real Success with Nate Keading: Lee Clancey
Former NFL athlete and Iowa entrepreneur Nate Kaeding talks with Lee Clancey, former mayor of Cedar Rapids, about the importance of teamwork in disaster recovery and how to respond when things don’t go your way in the latest episode of “Real Success.” Presented by MidWestOne Bank.

KemPharm delays meeting on reverse stock split
Specialty pharmaceutical company KemPharm this week postponed a special meeting that would have allowed shareholders to vote on a proposal authorizing its board to effect a reverse stock split of its common stock.

Winter Up program to assist downtown Iowa City restaurants
The Iowa City Downtown District in collaboration with the city of Iowa City announced a “Winter Up Program” to support the continuation of social distancing practices and dining out through the fall and winter season downtown.

Per Mar acquires Martin Security Systems
Per Mar Security Services, Davenport, has announced its acquisition of Martin Security Systems, of Valparaiso, Indiana.

ACT settles class action suit for $16M
ACT Inc. has agreed to a $16 million settlement over a class action lawsuit alleging that it improperly reported students’ disability status to colleges and universities, and excluded certain disabled examinees from a service used by those schools to recruit applicants.

U.S. Bank to close five Corridor branches
U.S. Bank plans to close one branch each in Cedar Rapids, Iowa City, Washington, West Branch and Williamsburg after announcing a new round of branch closures.

CR, Vinton projects get $2.8M in brownfield tax credits
Iowa Brownfield/Grayfield Redevelopment Tax Credits to support five redevelopment projects in Cedar Rapids and one project in Vinton were announced on Friday.

Frontier Co-op awarded incentives for $7.3M expansion
Frontier Co-op was awarded $300,462 in state incentives Friday for a $7.3-million expansion project that is expected to create 24 jobs in Benton County.

Area restaurant professionals named ‘Women to Watch’
Seven Corridor restaurant industry professionals have been named to the Iowa Restaurant Association’s 2020 “40 Women to Watch in Hospitality List” announced last week.

Week brings glimmers of hope for area boutique hotels
The hospitality industry has been wracked with forced closures, layoffs and a sharp decline in bookings as the coronavirus pandemic lingers, but this week brought signs of hope for three area boutique hotels.
Upcoming Events

The Corridor Business Journal’s annual Health Care Summit will examine national health policy issues and refocus them to the regional level.
Learn More »