Business News

The median home price in Marion climbed by 7 percent over the past year -- a “significant” increase, a consultant told Marion City Council Tuesday.

Just weeks ahead of the start of the busy holiday shopping and shipping season, Nordstrom sent emails to employees at its Midwest Fulfillment Center in Cedar Rapids saying the corporation planned to “adjust the size” of its workforce there.

Taiwanese trade representatives signed the informal agreement Tuesday during a ceremony at the Iowa Capitol.

Representatives of Ingredion and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union Local 100G -- now in its seventh week of a strike against the manufacturer’s Cedar Rapids facility -- were asked to leave Hotel Kirkwood Tuesday morning because the two sides became heated over Ingredion officials bringing armed security professionals with them, the union said.

Much of their inability to act comes from a fear of making a mistake.

The Gazette’s Business Notes is a compendium of the week’s promotions, new hires, certifications, added business lines and business events, among other items, in Cedar Rapids, Iowa City and the rest of the Corridor.

The global leader in the pharmaceutical excipient industry was awarded more than $1 million in state assistance Friday to expand its Cedar Rapids facility. The $18 million project will create 18 high-quality jobs.

Internet hosting and domain-name registrar business GoDaddy plans to move its operations to downtown Cedar Rapids next year, the company told its Hiawatha employees.