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The Business Resource for Suburban Chicago
Wednesday, April 23, 2014 10:55 AM
  • LISLE — Elevator and escalator manufacturer KONE has won a contract to improve people flow and energy efficiency at a City University of New York site. 
  • DEERFIELD — Spirits maker Beam Inc.’s $13.6 billion acquisition by Japanese company Suntory Holdings is expected to close April 30 now that the European Commission has given approval to the purchase. 
  • GLENVIEW — Illinois Tool Works reported first quarter 2014 revenues grew four percent primarily o the strength of the company’s international businesses. 
  • METTAWA -- W.W. Grainger said sales in the first quarter of 2014 increased 5 percent over the same period last year as sales remained strong despite the harsh winter season. 
  • Factory output extended solid gains in March
    WASHINGTON — U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products. 
  • NILES — MFRI, Inc. said net sales for 2013 rose 34 percent as a result of growth in Saudi Arabia and the United Arab Emirates. 
  • ROMEOVILLE -- A total of  306 Citgo Lemont Refinery employees and contractors recently raised more than $80,000 at the Fourth Annual Muscular Dystrophy Association (MDA) Shamrock Bowl held at Brunswick Zone in Romeoville. 
  • CAROL STREAM -- The Loma Systems Group was recently honored by the international community  as "Best Weighing Company" in the International Weighing Review Awards.
     
  • HUNTLEY --The village board reviewed a conceptual plan by Weber-Stephen Products that would more than double the size of the manufacturer's current facility on Oak Creek Parkway by building a second, 757,120-square-foot global distribution center nearby. 
  • DEERFIELD -- Mondelez International Inc., the company that makes everything from Oreo cookies to Trident gum, plans to spend $110 million on a new factory in Russia, navigating an increasingly tense geopolitical climate.

     
  • BLOOMINGDALE -- NOW Health Group CEO Al Powers will retire from the company May 1, and the company announced NOW Foods President Jim Emme will replace Powers as CEO. 
  • OAK BROOK — Elkay Manufacturing has promoted of longtime executives Thomas A. Samanic and Stephen C. Rogers to two newly created presidential roles. 
  • CAROL STREAM -- Copresco has completed the upgrading of its digital press lineup with the installation of three additional Digimaster presses at its Carol Stream plant. 
  • WOOD DALE  -- Power Solutions International said it has acquired Professional Power Products, Inc., a  designer and manufacturer of large, custom engineered integrated electrical power generation systems serving the global diesel and natural gas power generation market in a cash and stock deal valued up to $61 million. 
  • LISLE — KONE Inc. has been awarded a three-year contract to supply elevator and escalator service and maintenance through the U.S. Communities Government Purchasing Alliance. 
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