Biden plans to sign order for government to buy more U.S. goods
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Manufacturing
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Jan 25, 2021 7:19 AM - President Joe Biden plans to sign on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.
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New packaging company formed by DuravantJan 20, 2021 2:21 PM - Downers Grove-based Duravant LLC said Wednesday it will form a new packaging solutions company, nVenia LLC.
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ITW to acquire division of MTSJan 19, 2021 2:12 PM - Glenview-based Illinois Tool Works Inc. said Tuesday it has agreed to buy MTS Systems Corp.'s Test & Simulation business. The acquisition will be finalized following the closing of Connecticut-based Amphenol Corp.'s acquisition of MTS, the companies said.
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College of Lake County strengthens manufacturing workforce with new Advanced Technology Center
Jan 18, 2021 1:20 PM - College of Lake County is creating a world-class Advanced Technology Center in Gurnee. -
Joliet Junior College Partners with Suncast Corporation
Jan 18, 2021 1:19 PM - The growing demand for skilled workers in the advanced manufacturing sector continues to be at the forefront of discussions among business leaders and educators. -
Rosemont investment firm grows companyJan 13, 2021 3:03 PM - Critical Process Systems Group, a portfolio company of Rosemont-based Wynnchurch Capital LP, announced the acquisition of Nuance Systems.
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CF Industries joins Hydrogen CouncilJan 12, 2021 1:54 PM - Deerfield-based CF Industries Holdings Inc. Tuesday announced it has joined the Hydrogen Council, a global CEO-led initiative that brings together leading companies with a united vision and long-term ambition for hydrogen to foster the clean energy transition.
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IDEX Corp. to acquire Abel PumpsJan 11, 2021 2:13 PM - Northbrook-based IDEX Corp. Monday said it has entered into a definitive agreement to acquire Abel Pumps LP, and certain of its affiliates, from Hillenbrand Inc. for cash consideration of $103.5 million.
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Wynnchurch Capital adds third foam companyJan 8, 2021 3:12 PM - Following its recent purchase of Huntington Foam, Wynnchurch Capital LP this week announced its purchase of Insulation Corp. of America. Terms of the deal were not disclosed.
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Optimas Solutions poised for future growthJan 7, 2021 1:35 PM - Glenview-based Optimas Solutions LLC said it completed a comprehensive refinancing of its debt on Dec. 30, which better positions the company for long-term growth.
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Business Insights
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Business recovery will require resilience, relationshipsNot all business owners were fortunate enough to receive government relief funds, especially in the first round. Experience shows that business owners who had a relationship with their bank were better served than those who didn't. -
Company culture in the Year of COVIDThe pandemic has changed many things -- not only how we work, but how our company operates remotely as a team -- and has made maintaining our company culture challenging. Through fostering engagement among our employees, communicative and empathetic leadership, and the desire for continuous improvement, we've been able to find our stride. -
COVID relief update: A look inside the Consolidated Appropriations ActIn a rare act of compromise, Congress came together at the end of December to pass the Consolidated Appropriations Act, which provides long-awaited and much-needed economic relief to businesses and individuals.
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