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Anixter opens new facility in California
Aug 16, 2019 3:16 PM
Anixter Inc. recently celebrated the opening of its new office in Roseville, California, with a ribbon-cutting ceremony and open house.
Flooding, a trade war and Deere cuts outlook for the year
By MICHELLE CHAPMAN
Aug 16, 2019 1:32 PM
Deere & Co. cut its profit expectations for the year as beleaguered farmers and an escalating trade war with China cut into sales.
Luminii acquires competitor Optic Arts
Aug 14, 2019 10:07 AM
Luminii, a manufacturer of specification-grade architectural LED lighting systems, said it has acquired competitor Optic Arts, based in Los Angeles.
Justrite Safety Group gets $495 million loan
By Richard Klicki
Aug 13, 2019 4:00 PM
Citizens Commercial Banking said Tuesday it has closed on a a $495 million senior secured credit arrangement for Des Plaines-based Justrite Safety Group.
KKSP Precision Machining acquires Grove Industries
Aug 12, 2019 10:31 AM
KKSP Precision Machining said it has acquired Grove Industries, a manufacturer of primarily brass machined metal hose fittings and adapters on automatic screw machines.
As the U.S.-China trade war drags on, here's what it means for you
Aug 11, 2019 6:08 AM
For the average person, the headlines may seem theoretical. But if the dispute drags on, there are real-life ramifications for workers' wallets, including their savings, debt loads and spending power.
Bunting renames its divisions
Aug 9, 2019 1:00 AM
Bunting Magnetics, in honor of its 60th birthday, launched a major rebranding effort to unifying all of its divisions under the single brand name "Bunting."
Students shouldn't forget about 'soft' skills, employers say
By Christopher Placek
Aug 7, 2019 8:13 PM
Many students have the technical and computer skills to be successful, but some lack the so-called "soft skills" -- like communicating effectively with others, according to local business leaders who attended a roundtable discussion Wednesday in Arlington Heights.
Jelmar tabs MARC USA for marketing
Aug 2, 2019 1:00 AM
Jelmar LLC, the maker of household cleaning products including CLR and Tarn-X brands, has named MARC USA its new marketing agency of record after a 51-year relationship with Eicoff.
Ingredion invests to expand plant-based proteins
Aug 1, 2019 12:31 PM
Ingredion announced it is expanding its relationship with Verdient Foods to broaden the companies portfolio on plant-based foods.
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Co-working space or office lease? The bottom line isn't just money
The popularity of co-working arrangements over traditional office leases continues to grow, and it's easy to see why. They're more flexible, require much less planning, and offer substantial cost savings on both space and services. No wonder today's millennial workforce loves them. What's not to like? Plenty, argue attorneys Scott Hargadon and Holly Eubanks, specialists in leasing law at Meltzer, Purtill & Stelle, a leading Chicago area commercial real estate law firm. Beneath the seemingly obvious benefits, the two point out, lurks a quagmire of potentially costly risks, due largely to a lack of well-defined rights and regulations.
Business laws up-to-date
This summer saw some business-critical legislation become laws. Updates are provided here on two new laws,
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