Archive for February, 2016
A downtown Cedar Falls landmark, the former Rock Island Depot at 422 Main St, has been purchased by a Waterloo financial services firm. Dan Fenci, the operator of ICM Financial Services at 1209 Dundee Ave. in Waterloo, purchased the historic former railroad depot. Located on the Main Street Parkade, and most recently occupied by Regions Bank, a two phase restoration is in the works with phase one consisting of
If you’re in the oil business these days, it’s good to be a refiner. Refineries are benefiting from the declining crude oil prices, turning it into higher priced products such as gasoline and jet fuel while low prices at the pump drive up consumer demand for fuel. U.S. refineries are busier than ever, running at well above 90% of capacity. Refining capacity has reached approximately 17.8 million barrels a day, an increase of 400,000 barrels a day from just two years ago.
Nearly every type of building component used in the construction process has decreased in cost in recent years according to the U.S. Department of Labor’s Producer Price Indexes (PPI), despite increased construction spending and growing demand for all types of materials:
- The price of aluminum mill shapes and steel mill products decreased by double digits in 2015.
- Between 2010 and 2015, the cost of copper and brass mill shapes have declined substantially, while flat glass costs remained steady.
- Between March 2014 and March 2015, the price of