Economy

Economy & Business news

Screenshot of Arconic Jetson ad. Note the new logo on the building.
https://www.youtube.com/watch?v=37waZeR4isc / Arconic

If you haven't seen this ad on YouTube yet, check it out. Alcoa's Davenport Works is now the Arconic Davenport Works. And the visuals in the video look nothing like the aluminum plant located in Riverdale, Iowa. 

The company hired Director Justin Lin for the project. He's directed and/or produced four of the Fast and Furious films. Even if you don't follow Alcoa and Arconic, fans of the Jetson's television show might get a kick out of it.

Arconic is scheduled to report quarterly earnings on Jan. 31st.

WVIK News

A new plant and hundreds of new jobs are in the works for Davenport. If all goes according to plan, Sterilite Corporation will start producing plastic housewares next year.

The nuclear power plant in Cordova, IL
Exelon

"2016 was a great year for the Quad Cities." That's what the President and CEO of the Chamber of Commerce says about the group's success over the last twelve months.

R. P. Lumber

After being vacant for several years, a key commercial property in downtown Silvis will re-open soon. R.P. Lumber, based in Edwardsville, Illinois has bought the former site of Pro Build Contractor Supply at 1301 First Avenue.

Unemployment fell in the Quad Cities last month by nearly one full percentage point.

John Deere has settled a "whistleblower" lawsuit. Thursday the US Department of Labor announced the company has agreed to pay back wages and damages to a former employee in the Quad Cities who claimed he was fired after reporting unsafe working conditions.

Deere Adds New Director

Dec 20, 2016
Deere & Company

John Deere has added a new member to its board of directors. 

Great River Development

Several years after plans for the former Case plant property in East Moline were first announced, some work will probably begin soon. Monday night the city council is expected to approve final plans for the 132 acre site, including a hotel, apartments, and retail and commercial space.

Exelon

Now that the dust has settled, what will be the impact of the Future Energy Jobs Bill - the bill that'll keep the Cordova nuclear plant open.

V.P. of Public Affairs Jason Gordon (right), Pres. & CEO Tara Barney (2nd from right), and others listen at a press conference on Wednesday.
Michelle O'Neill / WVIK News

The Quad Cities Chamber of Commerce wants a lot from Santa Claus for 2017. Its public policy and advocacy list includes a budget from Illinois, corporate tax reform from Iowa, money for building infrastructure from the federal government, and much more.

Michelle O'Neill reports on the chamber's legislative priorities.


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