All Business Content

All Business Content

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.

Health Alliance places 10th in study

URBANA – Health Alliance Medical Plans has been ranked one of the nation's top 10 health plans in a study just released by U.S News & World Report.

An Urbana managed care company owned by Carle Clinic, Health Alliance was ranked 10th best in the nation for its Health Maintenance Organization (HMO) and Point of Service plans on a list of 257 commercial health plans nationwide.

New subdivision planned in Savoy, Champaign

SAVOY – Champaign County's fastest-growing community is about to get even larger. And its big neighbor to the north is getting bigger, too.

A Minnesota-based developer, Select Development Co., plans to start a 240-acre subdivision called Liberty on the Lake on the northwest side of Savoy starting in the spring.

Office park, apartment projects taking shape on North Prospect

CHAMPAIGN – As the city expands northward to Olympian Drive, more projects are popping up along the far reaches of North Prospect Avenue.

This spring, people began moving into the Ashland Park subdivision on the east side of Prospect.