All Business Content

All Business Content

Panel OKs business loan for Taylor Studios

RANTOUL– When Wal-Mart moves out of its North Lon Drive location to open a new supercenter by Interstate 57 next year, the old building may not stay vacant for very long.

The Rantoul Revolving Loan Committee voted 6-0 Thursday to award a $249,000 loan to Taylor Studios for 15 years at 4 percent interest.

St. Louis connection will be cut

SAVOY – American Connection will discontinue flights between Champaign-Urbana and St. Louis next Tuesday.

The announcement Wednesday by Trans States Airlines, the local American Connection carrier, ends more than a decade of commuter flights between the two communities – first by Trans World Airlines affiliates and then by American Airlines affiliates.

It's your business: Hedgerow cultivates dining room

If you think of this place as just a flower shop, you haven't been by in the evening when the dining begins.

The English Hedgerow floral shop at 406 N. Lincoln Ave., U, now also houses the new Hedgerow Bistro.

Engineers who buy, fix, sell used scientific equipment find global demand

CHAMPAIGN – This is the kind of stuff you don't find at garage sales.

Want a protocol emulator? Just $550. How about a polarization scrambler? It can be yours for only $1,850. And every home needs a controlled ferroresonant rectifier, doesn't it?

Product to make aircraft unique

CHAMPAIGN – Champaign-based Horizon Hobby is unveiling a product this weekend that the company predicts will revolutionize the radio-controlled airplane industry.

At the International Hobby Expo in Los Angeles, a Horizon Hobby delegation is introducing a transmitter that eliminates channel interference. Such interference can cause radio-controlled airplanes to lose altitude and crash.

Menards top land bidder for Urbana property

URBANA – Menards spent big money Tuesday on 288 acres of prime commercial land in east Urbana, much of it along Illinois 130.

The Eau Claire, Wis.-based home improvement retailer bid $14,700 per acre for the property, which, when combined with a 5 percent premium for the real estate commission, came to a total winning price of $4.45 million.

Plans are brewing for ethanol plants

Two months after President Bush signed a comprehensive energy bill, a bill that calls for increasing production of alternative fuels like ethanol, several investors and companies are considering building ethanol plants in East Central Illinois.

Patrick Harroun of Thawville and his son, Andrew Harroun of Onarga, are proposing an ethanol plant for north of Roberts. A Dallas company called The Panda Group recently announced plans for a plant near Gilman. Alliance Grain Cooperative of Gibson City is considering building a plant in the region. And supporters of a plant for Tuscola are still mulling over the idea.

It's your business: Bank closing lobbies early for afternoon of service

It's not every day that bank employees go to work and pick up a hammer and paintbrush instead of counting out your cash.

But on Wednesday, all four Champaign-Urbana locations of National City Bank will close their lobbies at 1 p.m. and send more than 20 employees out into the community to paint, build ramps and clean.

Rise in runway will be repaired

RANTOUL – A pilot landing on the north-south runway of the Rantoul airport one day in June encountered a surprise: The runway suddenly sloped upward.

The man's plane immediately went airborne once again, and the pilot had to make a quick maneuver to complete a safe landing.

Utilities make concessions for customers

SPRINGFIELD – The state and federal dollars set aside for Illinois' Low Income Home Energy Assistance Program will go a little farther this year, thanks to concessions made by major utility companies.

At the state's request, Ameren, Nicor Gas, Peoples' Energy and Commonwealth Edison have agreed to waive reconnection costs and suspend deposit requirements for LIHEAP customers. Those costs can add $400 or more to a heating bill, according to Gov. Rod Blagojevich's office.