Recession Hurts Midwestern Economic Staple, Businesses Take Long View
Newton, Iowa – These days, if you've got something in your home from Iowa, it's probably in a kitchen cupboard, or in the refrigerator. But for a long time it likely was the refrigerator, or the washing machine, or the dryer. Maytag and Amana once two of the largest appliance companies on Earth, sprang from little Iowa towns. Now those communities are scrambling to deal with that industry's sharp decline, and to capitalize Iowa's emerging alternative energy business.