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Prairie Grove firm's dryers makes splash in car wash industry
Nov 8, 2018 9:29 AM
Prairie Grove-based International Drying Corp. builds drying systems for car washes that are designed to be quieter and more energy efficient than other systems.
Schaumburg company makes knobs, fasteners for many industries
Oct 23, 2018 7:33 AM
Nobody thinks about that knob, quick-release pin, or handle that you grab on the various machines you encounter, but they're made somewhere. And the odds are good that they were made at Schaumburg's Innovative Components.
Hotel apps expand to give guest more control over their stay
By Richard Klicki
Oct 17, 2018 1:00 AM
Originally created to provide regular customers with special perks and rewards, major hotel chains have expanded their loyalty apps to give regular customers more control over their stay through their mobile devices.
Elmhurst's Stenograph dominates shorthand industry for 80 years
Sep 17, 2018 11:15 AM
Since the first machine was sold 80 years ago, Elmhurst-based Stenograph LLC's reputation for quality, accuracy and customer service has commanded almost 90 percent share among the half-dozen companies in the market, making the name synomimous with court and legal shorthand reporting.
Ace Computers finds success selling to niche groups
Aug 22, 2018 1:00 AM
Ace Computers in Elk Grove Village has found its niche in niche markets, proving to be profitable for one of the few remaining independent computer makers left in the U.S.
Elk Grove firm's filters help industries breathe easier
Jul 17, 2018 2:10 PM
Leslye Sandberg is president and CEO of Permatron Corp. in Elk Grove Village, which provides a variety of air filtration solutions for commercial and residential customers.
Family key in success of Jel Sert's products, business culture
Jun 15, 2018 10:58 AM
A focus on family has been key to the success of a The Jel Sert Company, a West Chicago manufacturer that has been turning out iconic frozen treats and dessert brands for the past 92 years.
Tinley Park firm turns coal byproduct into granules for roofing, blasting industries
May 17, 2018 1:00 AM
Tinley Park-based U.S. Minerals uses coal slag - a byproduct of the coal burining process - to creaet products for the roofing and blast abrasive cleaning industries.
When it comes to change, you can count on Mt. Prospect company to be a leader
Apr 24, 2018 3:59 PM
It's likely the ATM machine you bank at has a link to Mount Prospect-based Cummins Allison, a company that's been in business long before ATMs were even a dream.
Jelmar finds its success story "As seen on TV"
Mar 19, 2018 1:00 AM
Alison Gutterman is the third generation CEO of family-owned Jelmar LLC in Skokie, which manufactures CLR and Tarn-X cleaning products and has a long history of marketing success in Chicago.
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More Business Insights
A Weighty Question for Employers: Is it Illegal to Discriminate Against Employees Because of Obesity?
Since the passage of the Americans with Disabilities Act ("ADA"), one of the issues which continues to perplex employers is whether obesity is a disability under the Act. The answer to this question is important for many reasons.
Weiss & Company LLC celebrates 50th anniversary in style
Last month, a crowd of over 300 gathered at The Glen Club in Glenview to celebrate the 50th anniversary of Weiss & Company LLP, one of the area's most enduringly successful accounting firms.
The most ignored retirement asset
The main goal of someone when they retire is to make sure they have protected the Longevity of their money, they can maintain a Lifestyle they are accustomed, to have the Liquidity needed to maintain that lifestyle, and to leave a Legacy to their heirs.
Switching accounting methods can provide instant tax savings for manufacturers
As a manufacturer or distributor, you probably determine taxable income using the accrual method of accounting but switching accounting methods can provide tax savings. In the past, anyone with inventory was generally required to file tax returns under the accrual method. The Tax Cuts and Jobs Act changed this requirement in 2018. Under the new tax law, manufacturers can now switch to the cash basis for tax reporting if gross revenue is under $25 million. The new tax law provides many advantages for manufacturers.
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