Business

Average U.S. 30-year mortgage rate holds stead

WASHINGTON (AP) - The average 30-year U.S. mortgage rate this week remained at a 52-week low of 4.10 percent for the third straight week.Mortgage company Freddie Mac also says the average for a 15-year mortgage, a popular choice for people who are refinancing, slipped to 3.24 percent from 3.25 ...

U.S. manufacturing grows at fastest pace in 3 1/2 years

WASHINGTON (AP) - U.S. manufacturing grew in August at the strongest pace in more than three years as factories cranked out more goods and new orders rose.The Institute for Supply Management's manufacturing index rose to 59 from 57.1 in July, the ISM said Tuesday. That was the highest reading ...

Great Lakes Logging expo receives $21,000 grant

OSHKOSH Wis. After almost 70 years, the Great Lakes Logging and Heavy Equipment Expo, aims to expand visitor attendance with the help of a $21,000 Joint Effort Marketing (JEM) grant from the Department of Tourism.As the largest forestry and equipment tradeshow in the Midwest, the weekend of ...

Briggs & Stratton buy tower maker

MILWAUKEE (AP) - Engine maker Briggs & Stratton Corp. is acquiring a Nebraska company that makes towable light towers, industrial heaters and solar-powered arrow boards.Milwaukee-based Briggs & Stratton said Thursday it agreed to pay $62 million for Almand Bros. Inc.Almand Bros ...

Home prices rose at slower pace in July

WASHINGTON (AP) - U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.Real estate data provider CoreLogic said Tuesday that prices rose 7.4 percent in July from July 2013. That was slightly below June's ...

Local CEO accepts challenge

IRON MOUNTAIN -CCI Systems employees took advantage of CEO John Jamar's competitive spirit by challenging him to the ALS Ice Bucket Challenge.CCI employees Lisa Antikanien, Terry Priddy and Jennifer Axley were nominated by fellow employee, Niki Deau, to participate in the national phenomenon ...

Kingsford grad earns doctorate, employed as instructor at Purdue

By LINDA LOBECKBusiness EditorA 2004 graduate of Kingsford High School has received her doctorate of philosophy degree (Ph.D) in human development and family studies from Purdue University on Aug. 9.Jill Trumbell's dissertation focuses on developmental changes in mother-child attachment ...

Benishek celebrates Anchor Coupling expansion

MENOMINEE - Dr. Dan Benishek, R-Crystal Falls, celebrated the expansion of Anchor Coupling Inc. in Menominee. Anchor Coupling is a subsidiary of Caterpillar Inc. and will be expanding operations with the creation of 120 new full time jobs over the next year in northern Michigan."It's great news ...

Sale of UPPCO completed

ISHPEMING - Upper Peninsula Power Co. announced that the sale of the utility has been completed, marking a return of UPPCO to its original roots of being a Michigan-headquartered energy provider.All required regulatory approvals have been completed in order for Balfour Beatty Infrastructure ...

Meagher retires at DCHS after 50 years of service

IRON MOUNTAIN - Pat Meagher has decided to retire from her full time responsibilities after working for Dickinson County Healthcare System for 50 years.Meagher began her career as a Health Unit Coordinator and worked wherever she was needed throughout the hospital. After about a year, she ...

Honey available at Farmer’s Market Saturday

IRON MOUNTAIN - The Iron Mountain Farmer's & Artisan's Market will be held every Saturday, rain or shine, from 8 a.m. to noon. The market is located across from the Dickinson County Library.The market is managed and operated by the Farmer's Market Executive Committee under the auspices ...

Important advice for the ‘sandwich generation’

By Marc MoganIf you're between the ages of 35 and 55, you may be feeling a financial pinch from both your growing - or grown - children and your aging parents or in-laws. You may also find yourself under pressure as you try to juggle your work commitments and the expectations from family ...

CCI creates four new leadership positions

IRON MOUNTAIN - Looking to increase customer satisfaction and grow sales, CCI Systems, headquartered in Iron Mountain, has reshaped its organization into customer-centric teams.New leadership positions on the management team, including a new senior vice president of sales, will help the ...

Choosing the proper backpack

By Colleen Sleik,PT, DPT, OCSA backpack is a better way to carry life's necessities than a briefcase or a shoulder bag, especially for longer periods of time.A backpack that is too-heavy or improperly worn may harm joints and muscles, especially of young children according to the American ...

Farm Bureau seeks entries from students

LANSING - Michigan eighth graders have written an exceptional book. It's called "My Personal Michigan Hero," a collection of essays about Michigan students' personal heroes, many of whom live right in the students' home communities.The essays provide insight into whom Michigan young people ...

Michigan expects near-record apple harvest in 2014

LANSING - Michigan's apple growers will harvest approximately 28.74 million bushels of apples this year, according to the official crop estimate announced at the USApple Outlook meeting in Chicago.This estimate is in line with the 2013 crop, which was a record size crop of 30 million ...

‘Shred Fest’ benefits veterans fund

IRON?MOUNTAIN?-?The First National Bank & Trust sponsored a free community document shredding event earlier this month at its South Office located on U.S. 2 in Iron Mountain, near the Home Depot.Country Mile Document Destruction, Inc., of Stephenson, provided the state-of-the-art mobile ...