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Manufacturing Luncheon
 
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Seneca Foundry, Webster City
 
Sarah I. (Walker) Wheelock,
Heidman Law Firm, L.L.P.
 
Rockwell Collins, Cedar Rapids
 

Please submit "Hats Off" submissions to Michelle Vollstedt.
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To foster a favorable business, economic, governmental and social climate within the State of Iowa so that our citizens have the opportunity to enjoy the highest possible quality of life.
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Across the Board Cuts Raise Property Taxes
Literally minutes after a great meeting with ABI members in Davenport last Thursday, where much of the discussion centered on the state's impending budget deficit, the Legislative Services Agency announced that state tax revenues were down 9.1% ($141 million) for the first quarter of the fiscal year.
 
Governor Chet Culver is considering two options in response to these numbers. He can call a special legislative session where strategic cuts to programs and agencies can be made, or he can make across the board cuts. Continue reading>>>

Iowa Workforce Development to Hold WorkshopIowa Workforce Development is hosting a free workshop in Cedar Rapids on Wednesday, October 28th.  The workshop will focus on the renewed efforts to make certain employees are classified properly.  The event is at Iowa Workforce Development 800 7th St., SE in Cedar Rapids and will last from 2:00-3:45 p.m.  Although the workshop is free, registration is requested.  You can contact Scott Maher at 1-319-365-9474 Ext.: 31124.

EPA Finalizes Mandatory Greenhouse Gas Rule
U.S. Environmental Protection Agency Administrator Lisa Jackson signed the Greenhouse Gas Reporting rule on September 22nd.  The proposal will significantly impact many industrial facilities in the state of Iowa.  The Iowa Department of Natural Resources prepared a "frequently asked questions" document for individuals who are not sure how the new rule will impact them. Continue reading>>>

Regional Meetings Conclude in Waverly
ABI's regional policy meetings concluded Tuesday, with a great meeting hosted by Mark Hanawalt (United Equipment Accessories, Waverly).  Several ABI members, including those from out of state, participated in great discussions about the 2010 legislative landscape.  Thank you Mark Hanawalt, Bob Bocken and Tom Blessing for hosting ABI meetings and your hospitality!  

Employment and Workforce Committee Meeting Record Crowd
The ABI Employment and Workforce Committee met Wednesday afternoon to help formulate the 2010 legislative agenda.  Over 40 members were in attendance and provided great feedback and discussion over existing and proposed legislative policies.  Attendees heard a great Employment Law update from attorney Hugh Cain of Hopkins and Huebner, P.C.
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Side GraphicfromFrom the Desk Of...Threase Harms
BY THE NUMBERS: WHAT'S DRIVING HEALTH INSURANCE PREMIUMS UP & WHAT CAN WE DO ABOUT IT?
 
HarmsAs corporate budgets grow ever tighter, business leaders across Iowa are forced to take a harder look at expenses and ways to better manage costs.  Right now, one of the most glaring business expenditures is the skyrocketing price of healthcare premiums, and once again this year, health insurance costs are outpacing inflation.  A study released last year by PricewaterhouseCoopers on behalf of the America's Health Insurance Plans (AHIP) shed light on the problems business leaders are facing; a problem that has been further compounded by a deep recession.

The study found that in 2007, health insurance costs increased by 6.1 percent, down from previous years, but still growing faster than the rate of inflation (as measured by the Consumer Price Index).  Inflation accounted for about 46 percent of that hike.  The rest of the increase, however, can be attributed to healthcare price increases in excess of inflation and increased utilization of services. Continue reading>>>
 

Did you miss the Monday Memo from ABI President, Mike Ralston? For this week's memo click here.
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Side Graphic Top 10 Tips When Networking...
In this economic climate, it is more important than ever to cultivate relationships.  Whether your company provides a service, builds a product or is a non-profit, holding on to, building upon and growing your business contact inventory is critical.
 
1. Know your target audience.  Find events that put you in front of the decision maker for the product/service you represent.  If that isn't possible, identify internal advocates within the organization that will help you get to the right person.

2. Position yourself as a resource.
Decision makers can smell a sales pitch a mile away.  Instead of self promotion, provide a resource that will help them with their operation. 

3. If the group is largely made up of C - level individuals, send your C- level personnel.
When the room is filled with business owners and a sales person appears, their motives are obvious.  Encourage your C - level to attend higher level meetings so that their face is the one associated with your brand to that audience.
Continue reading>>>

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