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Another CR-based Business Closes

I feel very lucky today. Not only am I alive, I do not work at FusionFarm in Cedar Rapids, which is great because it is going to close. From the CBJ:
Cedar Rapids-based Fusionfarm to close later this year
Cedar Rapids-based Folience has decided to close Fusionfarm, the marketing agency it created seven years ago.

In an announcement that Fusionfarm would shut its doors later this year, Folience CEO Daniel Goldstein, who leads the ESOP-owned holding company, said that while the agency has excelled at producing high-quality, award-winning work, “the business model for Fusionfarm just was not economically sustainable.”

Mr. Goldstein declined to elaborate on issues with that business model, saying only that the decision was not made before considerable efforts to address them. Fusionfarm, led by Kelly Homewood and Michael Zydzik, was one of Folience’s first efforts to diversify beyond the company’s roots in the newspaper and television industries as the digital transformation shifted the…

Honeywell to close Cedar Rapids operation

Honeywell International plans to close the downtown Cedar Rapids facility where it performs engineering, technical support and sales support for its Safety and Productivity Solutions Business at the end of the year.

Honeywell spokesman Eric Krantz said the work is being moved to other Honeywell offices performing similar tasks, and that less than two dozen local employees will be affected.

"Honeywell's Safety and Productivity Solutions business is streamlining operations and adjusting our workforce to better serve business needs," Mr. Krantz said in an emailed statement. "This isn't a decision we made lightly, and we realize, unfortunately, affects some of our valued employees."

Employees affected by the move have been offered severance and outplacement assistance under Honeywell policy, and are also being encouraged to apply for other roles within the company.

Mr. Krantz said Honeywell's lease at the downtown building expires at the end of the year.