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Knowles expands partnership with GN Store Nord
Nov 18, 2019 10:45 AM
Knowles Corp. has expanded its partnership with GN Store Nord A/S across its intelligent hearing solutions product lines.
Molex to collaborate with European software firm
Nov 12, 2019 11:15 AM
Molex announced it will collaborate with logi.cals, a company that specializing in engineering software for industrial automation.
Illinois businesses boost wages to attract workers as many jobs go unfilled
By Scot Bertram
Nov 11, 2019 10:37 AM
Small businesses in Illinois and across the country can't find enough workers to fill open positions.
Mitutoyo inks sponsorship with Titans of CNC
Nov 7, 2019 11:02 AM
Mitutoyo America Corp. has agreed to a sponsorship agreement with Titans of CNC, a free project-based education platform that helps guide students and teachers on CNC machine operation and programming.
Brunswick to exhibit at CES
Nov 1, 2019 9:04 AM
Brunswick Corp. will debut as an exhibitor at the 2020 Consumer Electronics Show Jan. 7-10, 2020 in Las Vegas.
Anixter gets $3.8 billion bid to go private
Daily Herald Staff Report
Oct 30, 2019 12:11 PM
Equity firm Clayton, Dubilier & Rice is making a bid to acquire Glenview-based industrial electronics company Anixter International, offering a $3.8 billion cash deal that will take the publicly traded company private.
Reynolds Wrap maker targets $7 billion IPO valuation
Kiel Porter and Crystal Tse
Oct 23, 2019 11:57 AM
Lake Forest-based Reynolds Consumer Products Inc., the maker of Reynolds Wrap aluminum foil and Hefty trash bags, intends to seek a valuation of $7 billion in its U.S. initial public offering, according to people with knowledge of the matter.
Craft brewers in Illinois on edge amid tax uncertainty
By Scot Bertram
Oct 21, 2019 2:01 PM
A key tax break for small brewers in Illinois is set to expire at the end of the year. The 2017 federal tax reform law included a provision that cut the federal excise tax per barrel of beer from $7 to $3.50. That applied to the first 60,000 barrels produced by any brewery that made less than 2 million barrels per year. If no action is taken in Washington, that rate will spring back at the end of 2019.
Feds arrest Streamwood company operators, accuse them of hiring illegal workers through Elgin firm
By Elena Ferrarin
Oct 18, 2019 10:25 PM
Four current and former operators of a Streamwood sheet metal fabrication company were arrested by federal immigration officers Friday and charged with hiring through an Elgin staffing firm immigrants living in the country illegally, the U.S. attorney's office in Chicago said.
Oct 17, 2019 7:52 AM
Most kids probably won't say that they dream of working as a machinist, salesman, or engineer. Manufacturing is a stereotypically slow moving, gritty industry that does not attract young talent easily. Today's young workers want to work for businesses that tell a story and stand for more than simply turning a profit
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