DANVILLE — Carter Construction Services Inc. of Champaign filed for Chapter 7 bankruptcy in U.S. Bankruptcy Court on Wednesday.
The company, which listed an address of 1600 N. Oak St., C, estimated it has between 100 and 199 creditors. Both its assets and liabilities were estimated between $1 million and $10 million.
CHAMPAIGN — Spinlight Studio has released its latest app, Geography Drive USA, a game that helps kids learn more about the 50 states.
It's the ninth app launched by the Champaign-based company, whose previous releases included "Alpha Tots," "Tally Tots" and "Operation Math."
URBANA — Rudy Frasca has been chosen as the 2013 Entrepreneur of the Year by the Parkland College Foundation.
Frasca is the founder and former president of Frasca International, the Urbana-based flight-simulator manufacturer that sells products internationally.
Tuesday, Nov. 27
CHAMPAIGN — An Urbana business, the University of Illinois and Danville Area Community College have been honored with 2012 state sustainability awards for their efforts to protect the environment, preserve resources and improve the economy.
CHAMPAIGN — Volition Inc.'s parent company this week pushed back the release of three video games and said it will consider "strategic and financing alternatives" for raising more capital.
CHAMPAIGN — Champaign-based IntelliWheels has developed a product to make getting around in wheelchairs easier.
The product, known as the Easy Push, is expected to come on the market in January.
Easy Push is a set of wheels that can be retrofitted to any wheelchair.
RANTOUL — IntelliWheels plans to take space soon in the Rantoul Business Incubator and operate an assembly, testing and storage facility there, company CEO Scott Daigle said.
"We'll also be keeping our main office in EnterpriseWorks," Daigle said, referring to the incubator in the University of Illinois Research Park in Champaign.
CHAMPAIGN — When Toys R Us launched its Tabeo computer tablet for kids this month, it included three Web applications developed in Champaign.
The apps — "AlphaTots," "Operation Math" and "Swapsies" — were all developed by Champaign-based Spinlight Studio. They're among 50 apps preloaded on the Tabeo.
CHAMPAIGN — Upscale apartments could be going up this spring in a new development at the southern entrance to the University of Illinois Research Park, but a retail component faces a tougher financial hurdle, developers say.