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Mar 27Five Real Estate Takeaways
Five Real Estate Takeaways From Senate Approval of Coronavirus StimulusThe $2.2 Trillion Package Includes Help for All Property Sectors, But It May Not Be Enough Congress is working on legislation to address the economic fallout from the coronavirus pandemic. (Michael Judkins/Pexels) By Randyl Drummer CoStar NewsMarch 26, 2020 | 6:43 P.M. A $2 trillion legislative aid package approved by the Senate to address the financial fallout from the coronavirus pandemic provides fiscal stimulus, bailout
Mar 27Managing Properties in the New Reality
anyaberkut/iStock/Getty ImagesREAL ESTATE SERVICES>PROPERTY MANAGEMENT Managing Properties in the New RealityThe current pandemic has put property managers on the first lines. Here’s what to keep in mind. Cheryl Ann Gray | Mar 26, 2020 “I can’t honestly say that anybody was thinking about pandemics, maybe two months ago at least,” says Barry Blanton, IREM senior vice president and principal at Blanton Turner. “If we look at what we thought we knew three days ago, and we look at where we are this morning,
Mar 27Elgin allows for curbside and delivery alcohol sales, waives liquor license fees
Elgin allows for curbside and delivery alcohol sales, waives liquor license fees The City of Elgin takes additional actions to assist local businesses impacted by coronavirus outbreak Elgin, IL - Mayor Kaptain signed a proclamation and order on March 26 at 6:00 p.m. providing liquor license renewal extensions and fee relief to certain license holders and approving temporary curbside pickup and delivery of alcohol sales. These measures are additional ways the City of Elgin is taking action to assist local
Mar 26What Retailers Will Be Left Standing?
Getty ImagesRETAILWhat Retailers Will Be Left Standing After the Coronavirus Pandemic Ends?The industry shakeout that was expected to take five to 10 years is happening in a matter of weeks. Liz Wolf | Mar 25, 2020 As much of the U.S. goes on lockdown to curb the spread of COVID-19, many in the retail and restaurant sectors are taking a major blow. One-third of Americans are currently under a shelter-in-place order. Shopping, except for groceries and necessities (deemed “essential services”), has pretty
Mar 26United Center Enlisted as Logistics Hub
Chicago Arena First to Be Enlisted to Become Coronavirus Logistics HubHome of Blackhawks, Bulls Has More Than 1 Million Square Feet to Work With The massive campus of the United Center arena and offices will be turned into a logistics hub for needs tied to COVID-19. (CoStar) By Jennifer Waters CoStar NewsMarch 25, 2020 | 4:26 P.M. The United Center, home to the Chicago Blackhawks and Bulls, is set to play a key role in the fight to curtail the spread of the coronavirus
Mar 26Unemployment Rate Dropped to New Historic Low in February, While State Sees Significant Increase in Unemployment Claims in March
Unemployment Rate Dropped to New Historic Low in February, While State Sees Significant Increase in Unemployment Claims in March SPRINGFIELD – While the Illinois Department of Employment Security (IDES) announced today that the unemployment rate fell -0.1 percentage point to 3.4 percent, a new record low, the state is responding to a surge of unemployment claims in March due to the impacts of COVID-19. To this point, March unemployment claims total 133,763 compared to 27,493 over the same period in
Mar 26IDES Taking Steps to Address Unprecedented Volume of Unemployment Claims
IDES Taking Steps to Address Unprecedented Volume of Unemployment Claims Improved Processes to Help Streamline Increased Need for Benefits SPRINGFIELD – Today, Governor Pritzker and the Illinois Department of Employment Security (IDES) announced they are taking additional steps to address the unprecedented volume of unemployment benefit claims the department has fielded as a result of COVID-19. To date, the department has taken several steps to improve the unemployment benefit claims process via the
Mar 25Commercial Real Estate and Covid-19
COVID-19 and Commercial Real Estate: What We Know, What We Don’tPosted on March 23, 2020 by Jeff Shaw in Features, Hospitality, Industrial, Multifamily, Office, Restaurant, Retail The coronavirus pandemic (COVID-19) has not only impacted the physical health of humans around the world, but the health of the U.S. economy as well. The stock market has fallen about 33 percent from its February highs, and unemployment is estimated to rise to between 20 percent and 30 percent — though no one knows the true
Mar 25Three New Business Emergency Small Business Grant/Loan Programs
Emergency Small Business Grants and Loans Assistance Under the leadership of Governor JB Pritzker, DCEO is working with partners to launch emergency assistance programs for Illinois small businesses. These initiatives include: Hospitality Emergency Grant Program To help hospitality businesses make ends meet in the midst of the COVID-19 pandemic, DCEO is launching the Hospitality Emergency Grant Program with $14 million drawn from funds originally budgeted for job training, tourism promotion, and other
Mar 25Hospitality Emergency Grant Program in Spanish
Bajo el liderazgo del Gobernador JB Pritzker, DCEO está trabajando con socios, incluyendo a Accion para lanzar programas de asistencia de emergencia para pequeños comercios de Illinois. Para ayudar a negocios en la industria hospitalaria en medio de la pandemia COVID-19, DCEO está lanzando el Programa de Ayuda económica de emergencia a la Industria Hospitalaria con $14 millones extraídos de fondos originalmente presupuestados para entrenamiento laboral, promoción turística y otros fines. Los fondos
Mar 24SBA Webinars
Online training available for small businesses impacted by coronavirus All Illinois small businesses can now apply for low-interest disaster loans to help offset the economic impact of the coronavirus pandemic. The Illinois District Office will host free webinars as long as there is demand covering:EligibilityUse of proceedsTermsFiling requirementsAdditional small business resources Choose the date and time most convenient for you. Click the link to register now. Tuesday, March 24, 11 a.m.
Mar 24Duluth Trading Stores to Temporarily Close
All Duluth Trading Stores to Temporarily ClosePosted on March 24, 2020 by Kristin Hiller in Midwest, Retail, Wisconsin There are more than 60 locations of Duluth Trading Co. nationwide. MOUNT HOREB, WIS. — As a result of the COVID-19 pandemic, Duluth Holdings Inc. has temporarily closed all of its stores nationwide. There are more than 60 locations of Duluth Trading Co. The company did not disclose a timeline for when the stores will reopen. The Wisconsin-based retailer of casual wear and workwear will
Mar 23SBA Implements Automatic Deferment on Existing SBA Disaster Loans Through End of 2020
NEWS RELEASEPRESS OFFICE Release Date: March 23, 2020 Release Number: 20-27 Contact: Press_Office@sba.gov (202) 205-7036 www.sba.gov/newsFollow us on Twitter, Facebook, Blogs & Instagram Carranza Implements Automatic Deferment on Existing SBA Disaster Loans Through End of 2020 WASHINGTON – Today, U.S. Small Business Administration Administrator Jovita Carranza announced changes to help borrowers still paying back SBA loans from previous disasters. By making this change,
Mar 23Illinois Department of Financial and Professional Regulation Announces Several Actions to Increase the Health Care Professional Workforce During the COVID-19 Pandemic
Illinois e-News ReleaseFor Immediate Release: Contact: Chris SlabyMarch 23, 2020 Christopher.Slaby@Illinois.govIllinois Department of Financial and Professional Regulation Announces Several Actions to Increase the Health Care Professional Workforce During the COVID-19
Mar 23Elgin's current facility closures and programming cancellations extended through at least April 7
Elgin Facility Closures and Programming Cancellations Extended Elgin's current facility closures and programming cancellations extended through at least April 7 Elgin, IL - Consistent with the Governor's Stay at Home Order timeline, Elgin's current facility closures and class, program and event cancellations are extended through at least April 7. Facilities Closed to the PublicCity HallThe Edward Schock Centre of ElginEastside Recreation Center Bowes Creek Country ClubHighlands of ElginWing Park
Mar 23Gov. Pritzker waives overweight permit fees for transportation of emergency relief supplies
Gov. Pritzker waives overweight permit fees for transportation of emergency relief supplies SPRINGFIELD – Gov. JB Pritzker has signed an emergency declaration, effective through April 12, enabling haulers to get free Illinois Department of Transportation overweight trucking permits for the movement of emergency relief supplies in response to the COVID-19 pandemic. “It’s always important for haulers to be able to move supplies in a timely and safe manner, but it’s never been more important than right
Mar 23Real Estate Specific Updates
Getty ImagesREAL ESTATE SERVICES>PROPERTY MANAGEMENTCommercial Real Estate Industry Coronavirus Resource CenterA page centralizing commercial real estate association responses, guides and resources in dealing with the ongoing coronavirus outbreak. David Bodamer | Mar 18, 2020 Many of the major North American commercial real estate industries have stepped up to deliver guidance and resources to the industry on how to handle the continuing coronavirus outbreak.Updated on March 23, 2020 Here is a
Mar 20Metra going to alternative schedule, operating fewer trains
Metra commuters traveling to and from work next week will have fewer trains to choose from as the railway scales back service in response to a COVID-19-related drop in passengers. Metra officials announced they would switch to an alternate schedule effective Monday that provides about half the trains normally offered. It will still provide "adequate service for those who still need to travel," officials said. Metra will try to keep the regular number of cars on trains to allow for social distancing --
Mar 20Illinois Economic Injury Declaration
The State of Illinois has received its statewide Economic Injury Declaration which means small businesses in all 102 Illinois counties may be eligible for low-interest, economic injury disaster loans up to $2M per business. Businesses can access additional information and apply for the loan online here. Eligibility requirements are determined by SBA and can be found here. DCEO is working with federal and local partners, like yourselves, to ensure assistance is available for small businesses seeking loans,
Mar 20Illinois EPA Temporarily Closes All Vehicle Emissions Testing Stations
Illinois EPA Temporarily Closes All Vehicle Emissions Testing Stations Closure Dates Align with Governor Pritzker’s Executive Order SPRINGFIELD – Illinois EPA Director John J. Kim today announced the temporary closure of all vehicle emissions testing stations in Illinois. In the interest of safeguarding the health of all Illinoisans, including motorists that bring their vehicles in for emissions testing and the workers that perform these tests, the Illinois EPA will temporarily suspend vehicle emissions
Mar 19Simon Property Group Temporarily Shuts its Malls
Coronavirus Forces Simon to Temporarily Halt Operations at All US MallsREIT Recently Loaded Up Revolving Credit Line; 175 Properties to Go Dark Until March 29 Coronavirus is impacting every corner of the country while people stay put in their homes. (Getty Images) By Jennifer Waters CoStar NewsMarch 18, 2020 | 4:25 P.M. Simon Property Group, the nation’s largest shopping center and mall landlord, said it will temporarily shut the lights off on all 175 properties it operates in the Unites States, a
Mar 19IDES Temporarily Closed-Instructions
IDES Offices Closed Until Further Notice 3/17/20 - The health and safety of our customers and staff are of highest importance.In order to protect everyone through social distancing, IDES offices are closed to the public until further notice. You may access IDES services using the following methods:To file an Unemployment Insurance claim, click here.If you have questions about Unemployment Insurance, please call our Customer Service Center at 800-244-5631 or 866-488-4016 TTY To certify for Unemployment
Mar 19AT&T Offers Added Relief for Customers
AT&T is planning on being here to help you stay connected throughout the COVID-19 pandemic. We recognize that staying in touch with your family, friends, school and work has never been more important. Below are a few ways we’re helping consumers, small businesses, and enterprises across the country. Consistent with FCC Chairman Pai’s “Keep Americans Connected Pledge” announced today and concerns raised by members of Congress, which we share, AT&T is proud to support our customers by pledging that, for
Mar 18Nordstrom & Macy's Close Temporarily
Nordstrom, Macy’s, Neiman Marcus, Saks to Temporarily Close All Stores to Combat CoronavirusRetailers Plan to Keep Online Sites Open, Continue to Pay Employees Nordstrom stores will stay empty for two weeks as part of the retailer's efforts to help contain the coronavirus outbreak. (Getty Images) By Jennifer Waters CoStar NewsMarch 17, 2020 | 03:09 P.M. Several U.S. department store chains – Nordstrom, Macy's, Neiman Marcus and Saks Fifth Avenue – have temporarily closed their doors as the nation
Mar 18IRS Establishes Coroanvirus Website
IRS Establishes Specialized Coronavirus Info Site David H. Lenok | Mar 17, 2020 The site is meant to act as a consolidated hub of information regarding the coronavirus’ effect on taxpayers. The Internal Revenue Service recently created a website to act as a consolidated hub of information regarding the coronavirus’ effect on taxpayers. With April 15 rapidly approaching, tax uncertainty is yet another worry to pile on the mountain of concerns with which most Americans are currently dealing. The new
Mar 18Gov. Pritzker Launches Coronavirus.illinois.gov with Resources for Illinois Residents, Small Businesses
Gov. Pritzker Launches Coronavirus.illinois.gov with Resources for Illinois Residents, Small Businesses Murphysboro, Ill. — Following an earlier stop at the St. Clair County Health Department in Belleville this morning, Governor JB Pritzker held his administration’s daily COVID-19 press briefing in Jackson County today and announced the launch of a new website detailing the state’s evolving response to COVID-19 and resources available to Illinois residents during this challenging time. “My
Mar 18Extension of Tax Payment Deadline Announced
Extension of Tax Payment Deadline Announced Breaking News: In an afternoon press conference yesterday, Treasury Secretary Steven Mnuchin announced a plan to extend the April 15 tax payment deadline for individuals and many businesses by 90 days. You are still required to file your tax returns by April 15th unless you decided to extend your return. Official details have not been released; however, based on the announcement it seems many taxpayers will benefit from the extension. We expect more important
Mar 18EEOC GUIDANCE on the Impact of the ADA on COVID-19 Preventative Measures
As you know by now, COVID-19 is changing things on a daily, if not hourly or minute by minute basis. In reviewing this advice, you must understand that guidance will change as the COVID-19 pandemic evolves. As such, employers MUST continue to get up to date information from public health authorities on maintaining workplace safety. The CDC, EEOC and World Health Organization (WHO) each have their own guidance on addressing the workplace and employees under a pandemic situation:CDC Interim Guidance for
Mar 18SBA Disaster Assistance in Response to the Coronavirus
The U.S. Small Business Administration is offering designated states and territories lowinterest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that was recently signed by the President, an Economic Injury Disaster Loan
Mar 17Free Webinar: Release of the 2020 Education and Training Services Resource Guide for Your Business
The 2020 U.S. Commercial Service Education and Training Services Resource Guide is ready so learn more at a free webinar March 25 at 11 a.m. It includes comparable and individual market assessments of countries listed as best prospects for U.S. training and educational services in 58+ markets. Learn about the contents of the book: market trends, current demand, market entry, resources and U.S. Commercial Service Education contacts in each market. All registrants will receive a link to an electronic copy
Mar 17Upcoming Illinois Trade Events
Illinois Trade Events and Opportunities Below is a list of upcoming international trade events, which our office is organizing or co-sponsoring/supporting. We hope that you will be able to join us for at least one of them. Regards,Haley MilanInternational Trade SpecialistU.S. Commercial Service ChicagoHaley.Milan@trade.gov Export NewsWebinarsTrade MissionsOther Opportunities and EventsExport NewsWhat are trustworthy sources for international market research?
Mar 17Here's the Updated Criteria for Businesses Requesting COVID-19 Disaster Loans
(Illinois is in Process of Filing for this Disaster Assistance) SBA Updates Criteria on States for Requesting Disaster Assistance Loans for Small Businesses Impacted by Coronavirus (COVID-19) WASHINGTON – Today, as part of the Trump Administration’s aggressive, whole-of-government efforts to combat the Coronavirus outbreak (COVID-19) and minimize economic disruption to the nation’s 30 million small businesses, U.S. Small Business Administration Administrator Jovita Carranza issued revised criteria for
Mar 17IDOT Receives Approval to Increase Truck Weights for the Transportation of Emergency Relief and Supplies
This morning, Governor JB Pritzker and Secretary of Transportation Omer Osman ordered the Illinois Department of Transportation to increase truck weights on Illinois roads to 88,000 pounds (currently 80,000 pounds) for a 5-axle vehicle or 10 percent above the legal load for vehicles with fewer axles. Additionally, the Governor waived all overweight fees for the transportation of emergency relief and supplies. The increased weight limits and fee waivers expire on April 12, 2020. Executive order here and IDOT
Mar 16Food Distribution During School Shutdown: Free Breakfast, Lunch and Dinner
Food Distribution During School Shutdown: Free Breakfast, Lunch and Dinner While schools are closed, School District U-46 will be providing FREE MEALS TO ALL CHILDREN 18 AND UNDER packaged to take home. A breakfast, lunch, dinner, and snack will be ready to take and go. No paperwork is required for meals - just visit the pick-up location most convenient for your family! Stop by between 10 a.m. and 11:30 a.m. for your pre-packaged meals and a snack on these dates: Tuesday, March 17 Wednesday, March
Mar 16Elgin Closes Remainder of City Facilities to the Public, Cancels Public Meetings
For immediate release, March 16, 2020Elgin Closes Remainder of City Facilities to the Public, Cancels Public Meetings Mayor David Kaptain, Fire Chief Robb Cagann, Public Health Manager Brad Bohner and Police Chief Ana Lalley address the public on the City's actions surrounding coronavirus. City of Elgin Continues Changing How It Conducts Business in Response to Coronavirus Elgin, IL - In addition to several changes last week, the City of Elgin continues altering its business operations to protect public
Mar 13City of Elgin Taking Action to Slow Spread of Coronavirus/COVI
City of Elgin Changing How It Will Be Conducting Business in Response to CoronavirusElgin, IL - The City of Elgin is implementing changes to its business operations to protect public health and slow the spread of coronavirus. The City continues monitoring the evolving coronavirus situation and working closely with health agencies for information and guidance. "The safety and well being of Elgin’s residents remains the priority of all City of Elgin elected officials and staff," said Mayor David Kaptain.
Mar 13SBA Disaster Assistance for Businesses
SBA Disaster Assistance in Response to the Coronavirus • The U.S. Small Business Administration is offering designated states and territories low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Upon a request received from a state’s or territory’s Governor, SBA will issue under its own authority, as provided by the Coronavirus Preparedness and Response Supplemental Appropriations Act that
Mar 13EAC Response to Virus: Update, resources, declaration and survey
The Elgin Area Chamber is closely monitoring the reports of COVID-19 and working with our partners to stay up to date. Any decisions related to upcoming events, meetings, etc. will be made on a case by case basis as needed and as the situation progresses. The Chamber also wants to underscore the impact the coronavirus concern could have on local business. We know that as members of the community, businesses like yours may also be experiencing unexpected challenges, and we’re committed to providing
Mar 12Hospitality Industry Recovery
History Shows It Can Take a While for Rates to Rebound By Jan Freitag STRMarch 12, 2020 | 7:18 A.M. A broad cross-section of hotel owners and operators have recently cautioned investors to disregard earlier corporate projections for revenue and profits, given the uncertainty over the loss of business they might endure as travelers and business groups cancel plans in the face of a global coronavirus outbreak. History shows such sudden drops in travel can quickly affect the average daily rates hotels
Mar 12Pritzker Administration to Provide Unemployment Benefits to Workers Impacted by Coronavirus
Pritzker Administration to Provide Unemployment Benefits to Workers Impacted by Coronavirus Benefits to cover workers without access to paid sick leave impacted by COVID-19 SPRINGFIELD – Governor Pritzker and the Illinois Department of Employment Security (IDES) announced they are taking additional steps to support workers and families impacted by COVID-19. The administration will file emergency rules this week to clarify that individuals unemployed due to COVID-19 can generally qualify for unemployment
Mar 12SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans
NEWS RELEASE PRESS OFFICE Release Date: March 12, 2020 Release Number: 20-24 Contact: Jennifer.Kelly@sba.gov (202)205-7036www.sba.gov/newsFollow us on Twitter, Facebook, Blogs & Instagram SBA To Provide Small Businesses Impacted byCoronavirus (COVID-19) Up to $2 Million inDisaster Assistance LoansWASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the
Mar 11Innovative New Pilot to Connect SNAP Recipients to Jobs
IDHS Launches Innovative New Pilot to Connect SNAP Recipients to Jobs Tuesday, March 10, 2020 - Human Services, Department of CHICAGO, IL — Today, the Illinois Department of Human Services (IDHS) announced an innovative partnership with private philanthropy and the National Able Network that will expand the number of organizations who can provide work and training resources for SNAP (Supplemental Nutrition Assistance Program) recipients in Illinois. The SNAP to Success program is part of IDHS' SNAP
Mar 11Coronavirus Resources and Guidelines for Business
Resources & Guidelines for Business The U.S. Chamber is working closely with the White House, U.S. government agencies, and foreign government officials to inform and equip businesses with the most important and up-to-date information to ensure we are all adequately prepared to protect Americans at home and abroad. All employers should be ready to implement strategies to protect their workforce from the Coronavirus while ensuring continuity of operations. Download these guides created by the U.S. Chamber
Mar 10Even a Strong Jobs Report Doesn't Seem to Matter Much Now
Even a Strong Jobs Report Doesn't Seem to Matter Much Now "A quick term check of the Fed's Beige Book out today: it mentions the coronavirus 48 times and 9 times says COVID-19. Together that's more times than the term labor (51 times) or employment (55) and poor inflation only appears 12 times. It's a different world out here folks." - Tara Sinclair, associate professor at George Washington University We promise that we won’t mention the virus as many times as the Beige Book. We’ll try, at least. But
Mar 10China Sees Unprecedented Manufacturing Contraction
China's factories provide key inputs to other manufacturers worldwide, so when China exports slow, or even stop, delivery times rise and bottlenecks ensue. This hits U.S. manufacturers (particularly in consumer goods and electronics) and construction the most.This supply side hit is nearly impossible for policymakers to adjust for. The options are limited to targeted fiscal policy, such as lowering tariff rates, but the Trump administration has shown little interest in that. The bright side is that a supply
Mar 10Fisher Nuts is celebrating its 100th brand anniversary, according to manufacturer John B. Sanfilippo & Son.
ELGIN -- Fisher Nuts is celebrating its 100th brand anniversary, according to manufacturer John B. Sanfilippo & Son. The iconic nut brand started in 1920 when Sam Fisher, an immigrant from Russia, first developed a line of salted in-shell peanuts in St. Paul, Minnesota. Stationed in France during World War I, Fisher became fascinated by the local French farmers salting in-shell peanuts in their farmyards, which inspired him to experiment after the war. The Fisher nut business launched with his success, and
Mar 09Local Food Procurement
Local Food Procurement The Kane County Juvenile Justice Center is committing to serve fresher, more locally grown foods to the children under its care Each year the Juvenile Justice Center cafeteria serves meals to between 800 and 900 youth. Beginning this year, the JJC will be offering incentives to vendors who commit to sourcing a minimum percentage of preferred unprocessed food items originating from farms in Kane County and neighboring regions.The new procurement policy was derived from
Mar 09Illinois Legislative Update
March 6, 2020 This Week in Illinois The House and Senate will both be out-of-session next week for the Illinois Primary Election. Both Chambers will resume on Wednesday, March 18th. The Illinois Chamber's Chamber Day will also be taking place on March 18th. The Chamber hopes to see many of you there. Legislative Update The House and Senate were both in session this week, Tuesday through Thursday. Senate SB2457 has been placed on the Senate Calendar for third reading. This bill
Mar 062020 Economic Development Legislative Update
The Illinois Economic Development Association sifts through the thousands of introduced bills and attempts to determine which might actually be moving in a given year. There are a number of factors that come into consideration, but one good indicator is stated intent by leadership. In this regard we can look to the Governor's recent calls to action: Ethics Reform (conflict disclosures, more transparency, stopping the legislator-turned-lobbyist revolving door);Desired changes for the Property Tax
Mar 06Last-Mile Industrial Opportunites Expanding to Smaller Markets
JOHANNES EISELE/AFP Getty ImagesINDUSTRIALLast-Mile Industrial Investment Opportunities Expanding to Smaller MarketsAs it becomes harder to find last-mile properties in core markets, investors start looking at smaller cities. Due to extremely tight vacancies, last-mile facilities in all urban markets with a sizable population are generating much higher rents than traditional distribution centers in more suburban areas, according to James Breeze, global head of industrial and logistics research with real
Mar 05U-46 & Real Estate Professionals
Real Estate Professionals Invited to Learn More About U-46Annual breakfast presentation scheduled for March 10 ELGIN - Real estate agents, brokers, trainers, property managers, and appraisers are invited to a Real Estate Professionals Breakfast to learn more about the state’s second largest school district before the busy spring home buying season. The breakfast is being co-hosted by School District U-46 and the Citizens' Advisory Council’s Family and Community Engagement Committee. It will be held
Mar 05Illinois Sustainable Technology Center News
MARCH 2020 NEWS Maggie Oudsema, a research assistant at the Robert B. Annis Water Resources Institute (AWRI), Grand Valley State University and John Scott, a research chemist at ISTC, lower microplastic samples into Muskegon Lake. (Photo courtesy John Scott) Microplastics may increase risk of PFAS entering Lake Michigan's food web by Irene Miles, Illinois-Indiana Sea GrantThey are ever-present,
Mar 04Abrading Methods celebrates successful ISO audit
Abrading Methods, Inc. recently completed an ISO audit and celebrated their Management System being deemed compliant with the requirements of ISO 13485:2016. This achievement recognizes Abrading's ability to meet the requirements of medical device manufacturing and complements their existing ISO 9001:2015 certification. In addition, it demonstrates the company's ongoing commitment to be the premier supplier of precision surface finishing services. These certifications provide customers with confidence
Mar 04Harmonized Tariff Schedule Seminar
HTS Classification Seminar Spring 2020 by Rahul Goyal | Feb 26, 2020 | Training |HTS Classification Seminar Spring 2020 The Harmonized Systems Process comprises about 5,000 commodity groups arranged in a legal and logical structure and is supported by well-defined rules to achieve uniform classification. This system is used by more than 200 countries and economies as a basis for their Customs tariffs and for the collection of international trade statistics. This workshop is best suited for people involved
Mar 04U.S. becomes India's largest Trading Partner
The US becomes India’s top trading partner, surpasses China. by Rahul Goyal | Feb 24, 2020 | International News, International Trade | The US has surpassed China and become India’s top trading partner showing greater economic ties between the two countries. According to the commerce ministry, in 2018-19, the bilateral trade between both countries stood at USD 87.95 billion. The data shows that between India and China the bilateral trade was USD 87.07 billion. India has a trade surplus of $16.85 billion
Mar 04Illinois Legislative Update
March 3, 2020 Illinois Chamber Highlights from SpringfieldRail Report SENATE SB3429 was assigned to the Senate Revenue Committee. This bill provides that the State earned income tax credit shall be: (i) 19% of the federal tax credit for each taxable year beginning on or after January 1, 2022 and beginning before January 1, 2023; and (ii) 20% of the federal credit for each taxable year beginning on or after January 1, 2023. SB3591 was assigned to the Senate Judiciary Committee. This bill deletes
Mar 04Coronavirus Toolkit for Employers
As the Coronavirus situation continues to evolve, it is important for all employers to monitor the outbreak and implement strategies to protect their workforce while ensuring continuity of operations. To help educate employers and employees on how they can prepare for and address the impacts of the virus, here is a toolkit from the U.S. Chamber of resources that you might use and share with your employees. Coronavirus Toolkit: Guidance For Employers - Click here to download guidance for employers to
Mar 03Hoffer Plastics Announces New Status as MedAccred Certified Injection Molder
Hoffer Plastics Announces New Status as MedAccred Certified Injection Molder SOUTH ELGIN, IL — Hoffer Plastics announced today that the company has received the MedAccred certification, a medical device industry-managed supply-chain oversight program of the Performance Review Institute. This prestigious designation, which identifies and verifies compliance to critical manufacturing process requirements, puts Hoffer in a trusted group of injection molders that have been endorsed to serve the medical
Mar 03Can we help your business with exporting?
Illinois Trade Events and Opportunities Below is a list of upcoming international trade events, which our office is organizing or co-sponsoring/supporting. We hope that you will be able to join us for at least one of them. Regards,Haley MilanInternational Trade SpecialistU.S. Commercial Service ChicagoHaley.Milan@trade.gov Export NewsLocal EventsWebinarsTrade MissionsOther Opportunities and EventsExport NewsChicago Regional Growth Corporation Offers ExporTech™ to Help
Mar 02Culver’s Brings ButterBurgers and Fresh Frozen Custard to Elgin
Culver’s Brings ButterBurgers and Fresh Frozen Custard to ElginWisconsin-based restaurant to open new locationElgin, IL. (Grassroots Newswire) February 28, 2020 -- Elgin is getting a delicious addition. Culver’s® of Elgin will officially open on Monday, March 2 at 10 am. Culver’s is known for its ButterBurgers® and Fresh Frozen Custard. The restaurant, located at 1175 N McLean Blvd. serves fast, casual food, cooked to order, meaning guests' food is not made until after they order it. The location will be
Mar 02NIU EIGERlab
Have a product idea in either DeKalb, Elgin, Naperville, Schaumburg or St. Charles? We can assist! NIU EIGERlab is pleased to offer hours at the DeKalb County Business Incubator, Elgin Area Chamber of Commerce, NIU-Naperville, Fox.Build, and Harper Community College in Schaumburg Our expanded coverage is due to an increased demand from the Small Business Development Centers (SBDC), SCORE mentors and business development professionals in the Chicagoland area. We've made it easier for innovators,
Mar 02Middleby Acquires Deutsche Beverage Technology
Middleby Acquires Deutsche Beverage Technology Mar. 02, 2020 The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Deutsche Beverage Technology, a leader in beverage brewing and processing systems. Based in Charlotte, N.C., the company has $40 million in annual revenues. “Deutsche is a technology leader in beverage and liquid processing, offering a wide variety of advanced solutions for beer, cold brew coffee, kombucha and other liquid extraction applications,” said Tim FitzGerald,
Mar 02Kane County Workforce Development Division
Workforce Development Division Serving Kane, Kendall and DeKalb Counties Office: 1 Smoketree Business Park, Suite A, North Aurora, IL 60542 About the Workforce Development Division The Workforce Development Division provides services to ready the workforce for employment through federally-funded programs under the Workforce Innovation and Opportunity Act (WIOA). WIOA provides the framework for a unique national workforce preparation and employment system designed to meet both the needs of the
Feb 28EAC's Business Review Newsletter for March 2020
EAC's Business Review Newsletter for February 2020
Feb 07SBA Announces Funding Opportunity through the State Trade Expansion Program2020
Grant provides opportunities for small businesses to take their businesses global WASHINGTON – The U.S. Small Business Administration announces the opening of the submission period for a funding opportunity through the State Trade Expansion Program. The purpose of the grant opportunity is to invite proposals for funding from eligible state entities interested in, and capable of providing assistance, guidance and tools to qualified small businesses looking to engage in export-related
Feb 05Illinois Department of Human Rights Releases Compliance Guidelines for Sexual Harassment Prevention Training
The Illinois Department of Human Rights (IDHR) launched an information-based webpage concerning Public Act 101-0221 (commonly referred to as the Workplace Transparency Act), a law that requires all Illinois employers to provide sexual harassment prevention training to their employees on an annual basis. “Dismantling the culture of silence surrounding sexual harassment requires education and mandatory training, which are our biggest tools to fight this pervasive problem,” said IDHR Director Jim Bennett.
Feb 03EAC's Business Review Newsletter for February 2020
EAC's Business Review Newsletter for February 2020
Jan 31What's in Store for the Local Economy in 2020?
The U.S. economy is in its 126th month of expansion that dates to July 2009, and Elgin businesses have been riding the wave. The question everyone has been asking themselves is how long can the longest expansion in U.S. history continue? Will the economy contract, continue expanding, fall or flatten is anyone’s guess? Here are a few quotes from Elgin’s business leaders on what 2020 has in store: “Ziegler’s Ace customers continue to invest in new Weber and Traeger grills, Ego mowers and snowblowers,
Jan 15Council approves chamber contract
The Elgin City Council has renewed its contract with Elgin Area Chamber’s Economic Development Group for another three years, increasing the fee paid annually to $300,000. The group, known as the EDG, is a public-private branch of the chamber that works directly with the city to help bring new businesses to Elgin. They’ve been paid $275,000 annually for the past 10 years. “We’re excited to contribute to what we believe is a world-class relationship that delivers world-class results not only for the
Jan 13Middleby Acquires RAM Fry Dispensers
Middleby Acquires RAM Fry Dispensers Elgin Ill. (January 13, 2020) – The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of RAM Fry Dispensers, a business unit of Automated Equipment LLC based in Red Wing, Minn. RAM is an industry leader in automated frozen fry dispensing equipment. “The addition of RAM enhances our restaurant automation portfolio. In the current market, operators are in need of solutions to address labor costs and availability. As an innovation leader, the RAM
Jan 06New Downloadable Assistant Helps Small Businesses WIthhold the Right Amount of Income Tax
New Downloadable Assistant Helps Small Businesses WIthhold the Right Amount of Income Tax The Internal Revenue Service has launched a new online assistant designed to help employers, especially small businesses, easily determine the right amount of federal income tax to withhold from their workers' pay. Known as the Income Tax Withholding Assistant for Employers, this new spreadsheet-based tool is designed to help employers easily transition to the redesigned withholding system (no longer based on
Jan 01Welcome New Chamber Members!
Welcome to these new Chamber members in January! Culver's of Elgin Ross Thomas 1175 N. McLean Boulevard Elgin IL 60123 OPENING SOON!!www.culvers.com Food & Beverages/Restaurants H.B. Fuller Lesandro Gonzalez 1575 Executive Drive Elgin IL 60123 (847) 841-7002www.hbfuller.com Industrial/Adhesive – Manufacturer Innerspire, Inc Nate Lindquist 164 Division Street, Suite 406 Elgin IL 60120 (904) 385-9017www.TheMinimalistCEO.com Business Services/Consulting Rosenfeld Injury Lawyers,
Dec 13Kane County Examines Traffic Flow on Randall Road at I-90
KANE COUNTY EXAMINES TRAFFIC FLOW ON RANDALL ROAD AT I-90kanecountyconnects / December 12, 2019 / Leave a comment / Communities, Consumers, Education, Events The Kane County Division of Transportation is seeking your input on ways to improve traffic flow on Randall Road in the area of the I-90 interchange. Feasibility study area. KDOT this week announced the launch of the Randall Road/I-90 Feasibility Study, which will evaluate possible improvements to Randall Road between Big Timber Road on the south
Dec 01December 2019 issue of the Business Connection newsletter
This is the monthly newsletter of the Elgin Area Chamber for December, 2019
Oct 28Illinois Department of Insurance Releases 2020 ACA Health Insurance Marketplace Rates
Illinois Department of Insurance Releases 2020 ACA Health Insurance Marketplace Rates Five health insurance carriers will again offer Illinois consumers individual Gold, Silver and Bronze plans with a slight decrease in overall rates Chicago – Today, the Illinois Department of Insurance released the health insurance rates and analysis for the Illinois Exchange 2020 Plan Year. The Illinois on-Exchange marketplace has five carriers offering health insurance plans, including Quartz Health Benefit Plans
Oct 23Darwin Realty Arranges Sale of 90,000 SF Industrial Building in Elgin, Illinois
Darwin Realty has arranged the sale of a 90,000-square-foot industrial building located at 501 Davis Road in Elgin. Consideration for the sale was in excess of $5 million. The property features seven loading docks, three drive-in doors, 5,000 square feet of office space and a clear height of 24 feet. Noel Liston of Darwin brokered the transaction. Chicago Logistic Service owned and occupied the building. Navis Industries, which provides plastic packaging films, purchased the building and plans to relocate
Oct 21Gov. Pritzker, IDOT Announce Rebuild Illinois Road and Bridge Projects
New Multi-Year Plan Lays Out $23.5 Billion in Maintenance, Preservation and Expansion Projects Across the StateSpringfield, Ill. — Governor JB Pritzker and the Illinois Department of Transportation released the department’s annual Multi-Year Plan of road and bridge projects across the state, which is the first to capture the historic impact of the Rebuild Illinois capital plan. Using rigorous and objective criteria, IDOT evaluated the condition, frequency of use, and crash and fatalities across the
Oct 01EAC's Business Review Newsletter for October 2019
This is the October issue of the monthly newsletter.
Aug 29Conor Commercial expands in Elgin with two new buildings
Conor Commercial Real Estate recently held a grand opening ceremony for Northwest Pointe III, 2801 Galvin Drive in Elgin. The two new, speculative industrial buildings will be ready for occupancy by the end of the year and together measure over 349,000 square feet. The two new buildings sit on 20.54 acres, have a clear height of 32 feet, 20-28 truck docks per building, over 400 parking spaces and column spacing of 50 feet by 52 feet allowing for vast open areas inside the building.Read More
Aug 29Two new industrial buildings unveiled in Elgin
Elgin’s industrial space will expand with the opening of two new speculative industrial buildings on Galvin Drive and Higgins Road. The combined 349,000 square feet in new industrial space will be ready for occupancy later this year, an announcement from the Elgin Area Chamber said.Read More
Jul 02Welcome to our new Elgin Area Chamber members!
Welcome to our new Chamber members in July! Calpine Energy Solutions Kyle Warford 1901 Esplande Drive, Suite 660 Downers Grove IL 60515 (630) 797-0736 www.calpinesolutions.com Utilities & Service Providers/Electric Service El Taco Alegre Mexican Grill Cristina Leon 154 E Chicago Street Elgin IL 60120 (224) 434-7431 www.facebook.com/El-Taco-Alegre-Mexican-Grill-357267711666276 Food & Beverages/Restaurants HFRI, LLC Carly Guerra 2500 Westfield Drive, Suite 2-300 Elgin IL 60124 (847)
Jul 02Thank you to these members who are celebrating their anniversary with the Elgin Area Chamber:
Thanks you to these members for renewing their investments and congratulations on your anniversary! Celebrating 60-69 YearsBazos, Freeman, Schuster & Pope, LLCEasterseals DuPage & Fox ValleyHoffer Plastics Corporation Celebrating 40 - 49 yearsHuck Bouma PC Celebrating 30 - 39 yearsAssociation for Individual DevelopmentDundee Animal Hospital of ElginFox Valley Fire & Safety Co.Girl Scouts of Northern IllinoisSingles Roofing & Construction Co.Tom's Auto ClinicVNA Health Care Celebrating 20 - 29 yearsAmerican
Jul 01EAC's Business Review Newsletter for July 2019
This is the monthly newsletter of the Elgin Area Chamber for July, 2019
May 01EAC's Business Review Newsletter for May 2019
Here is the May monthly newsletter from the Elgin Area Chamber.
May 01Happy Anniversary to our Elgin Area Chamber members
Thank you to these Elgin Area Chamber members who are celebrating an anniversary with our organization: Celebrating 60 - 69 YearsCity of ElginElgin AcademyGolden Corridor Family YMCALaird Funeral HomeLundstrom Insurance Agency, Inc Celebrating 30 - 39 YearsBurnidge Properties, Ltd.Daily Herald Media GroupSenior Services AssociatesShales McNutt ConstructionThe Learning Tree Child Care CenterThe Literacy Connection Celebrating 20 - 29 YearsAmerican NTN Bearing Manufacturing Corp.Rotary Club of Elgin
May 01Welcome to our new Elgin Area Chamber members
Welcome to our new Elgin Area Chamber Members in May: Allstate Insurance - Chavez Insurance Group Inc Jose Chavez 48 S McLean Boulevard South Elgin IL 60177 (630) 908-5200 www.agents.allstate.com/jose-chavez-south-elgin-il Financial & Insurance Services/Insurance & Investments B & C Enterprises Inc Erik Bauer 2482 Technology Drive Elgin IL 60124 (847) 930-5859 www.bcentinc.com Business Services/General Contractors Caffé Mariani - Java and Gelato Randy & Lisa Mariani 3145 West, Highway
Apr 01Welcome to our New Members in April
Conor Commercial Real Estate 9500 W Bryn Mawr Suite 200 Rosemont IL 60018 (847) 692-8848 www.conorcommercial.com Real Estate/Real Estate Developers First American Bank 632 Randall Road South Elgin IL 60177 (847) 403-8185 www.firstambank.com Financial & Insurance Services/Banks Fruitful Yield 360 Randall Road South Elgin IL 60177 (847) 888-0100 www.fruitfulyield.com Natural Products/Shopping & E-Commerce FZ Sonick Inc 1730 Todd Farm Drive Elgin IL 60123 (636)
Apr 01Happy Chamber Member Anniversary to our Members!
Thank you to these Chamber members who are celebrating an anniversary with us! Celebrating 60 - 69 Years City of Elgin Elgin Academy Golden Corridor Family YMCA Laird Funeral Home Lundstrom Insurance Agency, Inc Celebrating 30 - 39 Years Burnidge Properties, Ltd. Daily Herald Media Group Senior Services Associates Shales McNutt Construction The Learning Tree Child Care Center The Literacy Connection Celebrating 20 - 29 Years American NTN Bearing Manufacturing Corp. Rotary Club of Elgin
Mar 04Happy Chamber Member Anniversary to our Members!
Thank you to these Chamber members who are celebrating an anniversary with us! Celebrating more than 60 yearsElgin Community CollegeMueller & Co LLP Celebrating 30 - 39 yearsBrittain’s Express Oil & Lube Inc. Celebrating 30 - 39 yearsCelebrating 20 to 29 yearsFASTSIGNSLauderdale Electric, Inc.PR Strategies & CommunicationsSynergy Inc.The Salvation Army Celebrating 10 - 19 yearsBlock AdvisorsComcast BusinessElgin Youth Symphony OrchestraFountain Square on the RiverFox River Horizon Pace Suburban
Mar 01Welcome to our New Members in March
Welcome to our new members in March: BidBuyorTry P.O. Box 5176 Elgin IL 60121 (224) 407-2140 www.bidbuyortry.com Business Services/Advertising Customer Service Solutions Inc. P.O. Box 7732 Algonquin IL 60102 (847) 529-1811 www.customerservsolutions.com Business Services/Business Training Eternal Tan 344 Randall Road South Elgin IL 60177 (847) 429-2400 Home & Family/Beauty Services In the Light Studios 454 Shannon Parkway Elgin IL 60124 (224)
