All Miscellaneous Content

All Miscellaneous Content

Business and professional briefs Feb. 17, 2012

New jobs

Payonk named executive vice president. Jerry Payonk has been named executive vice president at Clark Dietz Inc.

Business roundup: Food co-op continues grand opening week

URBANA — Common Ground Food Co-Op will continue the weeklong grand opening of its expanded store, with daily tours at 8 a.m. and 5 p.m. through Sunday.

The food cooperative, on the southeast side of Lincoln Square Village in Urbana, has tripled in size as a result of the expansion.

OfficeMax gets $129 million in proceeds from investment

NAPERVILLE, Ill. (AP) — Office products supplier OfficeMax said Tuesday that it will receive about $129 million in cash proceeds from its investment in Boise Cascade Holdings LLC.

Kraft mulls expanding Granite City plant

GRANITE CITY, Ill. (AP) — Kraft Foods is weighing whether to spend $40 million to expand a southwestern Illinois plant if the city and state provide about $400,000 to widen a road in front of the site.

Business calendar Feb. 10, 2013

Saturday, Feb. 16

It's Your Business: Lounge among new tenants of M2 on Neil

Look for a new lounge to open in the former Trevett-Mattis Banking Co. space immediately west of Destihl Restaurant & Brew Works in downtown Champaign.

Work on the lounge is expected to start this spring, with an opening anticipated for early summer, said Rebecca Motley, vice president of administration and special projects for One Main Development.

Business and professional briefs Feb. 10, 2013

New jobs

Hickory Point Bank adds two. Daniel W. Marker of Savoy has joined Hickory Point Bank & Trust as vice president and sales manager for the bank's residential mortgage lending business.

Utility announces dividend

Ameren Corp. on Friday said its board of directors declared a quarterly dividend of 40 cents per share on its common stock.

The common share dividend is payable March 29 to shareholders of record as of March 13.

Andersons reports revenues up for 4th quarter, 2012

MAUMEE, Ohio — The Andersons Inc. on Wednesday announced net income of $79.5 million, or $4.23 per diluted share, in 2012 on revenues of $5.3 billion.

Earnings in 2011 were $95.1 million, or $5.09 per diluted share, on revenues of $4.6 billion.

Paxton trucking company closing next month

PAXTON — A trucking company has decided to close its shipping terminal in Paxton.

LeFebvre Companies Inc., based in Elk River, Minn., will close its terminal at 1065 W. Ottawa Road in Paxton by the end of March, according to the company’s owner and president, Paul LeFebvre.