All Employment Content

All Employment Content

Champaign gets help funding summer jobs program

CHAMPAIGN — A summer jobs program for Unit 4 students will continue in 2012.

But with city funds at a premium, officials asked for a little more help from community organizations and private businesses to keep the program alive.

Solo Cup plant looking forward to planned merger with Dart

CHAMPAIGN — Local economic development officials say it's "business as usual" at Urbana's Solo Cup plant following the recent announcement that Dart Container plans to acquire Solo.

Representatives of the Champaign County Economic Development Corp. met with local Solo officials on April 5, two weeks after the planned merger was announced.

Danville seeks new stores to shore up against 'retail leakage'

DANVILLE — Local officials attribute the recent flurry of activity in retail development in Danville to aggressive recruitment efforts that began years ago as well as more recent shifts in the retail landscape.

Orthopedic implant company lands in Champaign

CHAMPAIGN — A company that makes surgical implants has decided to base its U.S. headquarters in Champaign.

CarboFix Orthopedics Ltd., which makes orthopedic trauma implants from carbon fiber, plans to base its U.S. subsidiary — CarboFix Inc. — at 3362 Big Pine Trail in the Pinehurst Commons office park in north Champaign.

25th annual job fair set to start Thursday at Parkland

CHAMPAIGN — About 75 employers from East Central Illinois will take applications and answer questions Thursday at the 25th annual Parkland Job Fair.

The job fair is scheduled from 2 to 6 p.m. in the gymnasium of the college, 2400 W. Bradley Ave., C. The fair is open to the general public, as well as to Parkland students.

UI flash index above 100 for first time since '08

URBANA — The University of Illinois flash index jumped greatly in March, indicating significant growth in the Illinois economy.

The index increased from 99.2 in February to 101 in March, a rise of nearly 2 points.

That pushed the index above 100, the so-called dividing point between economic contraction and growth.

Charleston's Dow plant to close in third quarter

CHARLESTON — Dow Chemical plans to close its foam insulation plant in Charleston during the third quarter of this year, company spokeswoman Rebecca Bentley said.

The plant, which employs "about 30," will close as a result of a downturn in the U.S. building and construction industry, Bentley said.

"That sector continues to face a lot of headwinds," she said.

EIU lecture to focus on history of dollar

A roundup of business-related news:

CHARLESTON — Historian H.W. Brands will discuss "The Past, Present and Future of the Dollar" at Eastern Illinois University on Thursday evening.

Brands, who has written more than 25 books on U.S. history, will speak at 7:30 p.m. in the Lecture Hall of the Doudna Fine Arts Center.

Arends Bros. merging with Dwight firm

MELVIN — One of the largest John Deere dealers in East Central Illinois is getting bigger.

Arends Bros., with locations in Melvin, Urbana, Hoopeston and Ashmore, is slated to merge today (Monday, March 26) with Dwight-based Hogan Walker to form Arends Hogan Walker.

Large investor in Solo Cup spurred acquisition

URBANA — A large investor's interest in recouping its investment in Solo Cup Co. helped lead to the company's planned acquisition by Dart Container Corp.

Vestar Capital Partners took a stake in Solo eight years ago with an expectation of selling that stake when the time was right, said Solo spokeswoman Angie Gorman.

Apparently that time arrived.