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The Business Resource for Suburban Chicago
Thursday, July 24, 2014 3:00 PM
  • The 1980s pop band Duran Duran is suing a Glenview-based fan club management company, saying the company breached its contract by not sending promised revenue to the band. The lawsuit, filed in Cook County circuit court, says Worldwide Fan Clubs Inc. agreed in 2010 to create and manage the band's fan club. 
  • Approvals for a Menards home improvement store at Milwaukee Avenue and Gregg's Parkway in Vernon Hills are official, with one final condition added to the dozens that will have the building look different from most of the chain's outlets. 
  • HANOVER PARK - After using alternatives to ComEd for two years - and cashing in on more than $1.7 million in savings - Hanover Park residents and businesses will once again become customers of the utility heavyweight. Hanover Park is one of 28 towns that have tasked the Northern Illinois Municipal Electric Collaborative with negotiating bids and ended up dropping alternative power suppliers. 
  • ELGIN - Two nursing and rehabilitation facilities are being built in Elgin and are expected to open sometime next year. Elgin Memory Care, a nursing and personal care facility at Shannon Parkway and Daisy Lane, should be completed by next summer; Addison Rehabilitation and Living Center, a skilled nursing facility at 1760 Capital St., might be done by early next year, representatives said. Both are on Elgin’s west side. 
  • PALATINE - More than one hundred customers, business associates and well-wishers gathered at the new world headquarters for electronics manufacturer Aimtron Tuesday, as company executives and local politicians celebrated the company’s move to Palatine. 
  • The Tie Bar, known for its neckware worn by Hollywood greats Bruce Willis, Jay Z, Channing Tatum, Daniel Radcliffe and others, will close its warehouse in Naperville on Aug. 18 and lay off about 35 workers. 
  • Deal reached to save Town Center in Wheeling
    WHEELING -- An agreement announced  between Wheeling and four other governing bodies apparently will save the $150 million Town Center planned for the site that once held Wickes Furniture. 
  • CHICAGO – FONA International, Inc.,  of Geneva was among eight suburban companies named to the Elite list at the  annual “Chicago’s Best and Brightest Companies to Work For” event presented by the National Association for Business Resources. 

  • ARLINGTON HEIGHTS -- The village will soon have a third resale store in the same area along Rand Road. Holy Family Ministries, a Chicago-based church, will open a 9,800-square-foot resale shop at 1101 E. Rand Road near a Salvation Army and Goodwill store following approval from the village board. 
  • HOFFMAN ESTATES -- Quick Print Magazine's annual survey of the printing industry has named Plum Grove Printers Number 41 on its annual list of the top 100 American business printers in 2014. 
  • NORTHBROOK — Allstate Corp. announced a quarterly dividend of 28 cents on each outstanding share of the corporation’s common stock, payable in cash on October 1 to stockholders of record at the close of business on August 29. 
  • BRIDGEVIEW — Manitex International, an international manufacturer of cranes and specialized material and container handling equipment, said it will acquire PM Group S.p.A. “PM” based in  San Cesario sul Panaro, Modena, Italy in a transaction valued at approximately $107 million. 
  • ITASCA — Arthur J. Gallagher & Co. said it has acquired Foundation Strategies, Inc. in Katy, Texas. Terms of the transaction were not disclosed. 
  • CHICAGO  – Transwestern recently represented Bluebird Harwood Heights LLC in the disposition of a 60,000-square-foot building at 7444 W. Wilson Ave. in Harwood Heights. 
  • Marchetti appointed DuPage CVB executive director
    OAK BROOK -- Beth Marchetti has been appointed executive director of the DuPage Convention & Visitors Bureau, replacing Skip Strittmatter, who is retiring at the end of July.
     

 
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