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The Business Resource for Suburban Chicago
Monday, September 01, 2014 8:30 PM
  • Succession plans a part of fabric of Klein Tools
    Most family businesses don’t survive to have a sixth generation of leadership. In fact, on average, they don’t make it past the third generation.  But Lincolnshire-based Klein Tools Inc. has thrived that long, and one of its secrets just may be the quality of its success planning.
  • Slot machines in taverns turn into hangover for casinos
    Since Illinois authorized bars and other places that serve booze to install slot machines two years ago, the number has skyrocketed to more than 18,000 and now exceeds those in the state’s 10 casinos by 60 percent. The count is rising by several hundred a month, even with some cities, including Chicago, barring them.
  • Baxter refutes reports of impending move to Boston area

    DEERFIELD --  Baxter International does not plan to move headquarters of either of its spinoff businesses to the Boston area, a spokeswoman said Thursday, refuting a report in the Boston Business Journal.

    
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  • ST. CHARLES -- Six subcontractors named in a $13 million lawsuit over a 2011 green roof collapse in St. Charles could be dismissed from litigation if a Kane County judge rules next month that they have reached good-faith settlements, according to court records.

     
  • SCHAUMBURG -- Asian Kitchen, a new fast-casual Indo-Chinese restaurant, opened late last week in Schaumburg's Shoppes in the Prime Village shopping center at the northeast corner of Algonquin and Meacham roads.

     
  • LINCOLNSHIRE — Camping World, the nation’s largest RV and outdoor retailer, and Good Sam, the world’s largest RV owners organization, announced additional markets for their 2015 SuperCenter expansion and future development. 
  • A new device on the market can monitor and control your WAN network, with the added bonus of providing significant cost savings, according to  Erik Person, president of Schaumburg-based TeamLogicIT. 
  • Everyone tells you to meet with the decision-maker — the CEO. However, it seems no one offers any advice on what to say when you get to that meeting, what to do when you get to that meeting, or what to ask when you get to that meeting. 
  • This fall, the word “zebra” won’t only refer to the referees overseeing National Football League games. Lincolnshire-based Zebra Technologies is partnering with the NFL to gather information  for what they call “next gen stats’ for football fans. 
  • First Midwest Bancorp: Mark G. Sander
    Itasca-based First Midwest Bancorp has appointed Mark G. Sander to its board of directors. 
  • Meet Chicago Northwest:  Heather Larson
    Meet Chicago Northwest, the destination marketing organization for Chicago’s northwest suburbs based in Schaumburg, has named Heather Larson, CMP to spearhead the organization’s sales efforts as the newly-appointed Director of Destination Sales. 
  • United Stationers Inc. based in Deerfield announced Paul Barrett will serve as chief operating officer industrial. 
Newsmakers' Forum: Managing a Family Business
Lisa Tomscheck, president of Arthur Clesen in Lincolnshire, speaks at the Daily Herald Business Ledger Newsmakers' Forum: Managing a Family Business
Newsmakers' Forum: Managing a Family Business
Lisa Tomscheck, president of Arthur Clesen in Lincolnshire, speaks at the Daily Herald Business Ledger Newsmakers' Forum: Managing a Family Business
Mt. Prospect business owner wins $6.5 million settlement
The owner of Ye Olde Town Inn in downtown Mount Prospect received a $6.5 million settlement from the village after filing a lawsuit in 2008.
Chase employees pack meals for hungry families in Elgin
Roughly 250 Chase Bank employees in Elgin packed 30,000 meals for local families in need.
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