Texas Roadhouse to host benefit lunch for Special Olympics
A roundup of business news:
CHAMPAIGN — Local law enforcement officers will help serve a benefit lunch for Special Olympics Illinois at the Texas Roadhouse restaurant in Champaign on Friday.
The benefit lunch, which will be served from 11 a.m. to 2 p.m., will include a pulled pork sandwich, corn, fresh-baked bread with honey-cinnamon butter and a nonalcoholic beverage.
Diners are asked to leave a donation at their table, all of which will benefit the more than 21,300 athletes with intellectual disabilities and nearly 13,000 young athletes (ages 2-7) of Special Olympics Illinois.
Texas Roadhouse is located at 204. N. Country Fair Drive, C.
Green business summit set Oct. 15
CHAMPAIGN — The Champaign-based Illinois Green Business Association has scheduled its second annual Illinois Green Business Summit on Oct. 15 at the Tinley Park Convention Center in Tinley Park.
Guest speaker will be L. Hunter Lovins, president and founder of Natural Capitalism Solutions.
That Colorado-based organization educates decision makers about sustainability principles.
Lovins has been a consultant to companies such as Royal Dutch Shell and Wal-Mart and governmental clients such as the U.S. Environmental Protection Agency and Department of Energy.
The summit lasts from 8:45 a.m. to 4:30 p.m. A lunch panel will feature corporate sustainability leaders from Office Depot, Caterpillar and the Centre for Sustainability and Excellence.
The summit agenda and registration information can be found at http://www.illinoisgba.org/Summit2013.aspx. Registration is $115 before Aug. 1 and $165 after. Student rates and bus service to and from Champaign and Bloomington are also available.
Paris co-op gets $1 million grant
PARIS — EnerStar Electric Cooperative has received a $1 million loan from the U.S. Department of Agriculture to buy grain handling equipment for the Coshocton Grain Co., the department recently announced.
The project is expected to add four jobs and save five positions.
The loan was among 26 projects in 11 states that will be provided through the department's Rural Economic Development Loan and Grant program.
That program provides zero-interest loans and grants to local utilities that lend the funds to local businesses for projects that create and retain employment.
EnerStar, based in Paris, serves customers in Edgar, Vermilion, Douglas, Coles and Clark counties. Coshocton, based in Ohio, operates grain handling facilities in the Edgar County communities of Redmon, Horace and Vermilion.
Supervalu names new CFO
EDEN PRAIRIE, Minn. — Supervalu will get its new chief financial officer from OfficeMax.
Bruce Besanko on Wednesday was named executive vice president and CFO of Supervalu, effective Aug. 7. He had been OfficeMax's CFO since 2009.
Before that, he was CFO for Circuit City Stores from 2007 to 2009 and CFO for Yankee Candle Co. from 2005 to 2007.
Last week, Supervalu CEO Sam Duncan and Baldwin Richardson Foods CEO Eric G. Johnson were elected to Supervalu's reconstituted board of directors.
Baldwin Richardson Foods Co. is one of the largest African-American-owned businesses in the food industry.
Johnson purchased Baldwin Ice Cream Co. in 1992. Five years later, he completed the acquisition of Richardson Foods from Quaker Oats to form Baldwin Richardson.
Today, that company is a major producer of products and ingredients for McDonalds, Kellogg, General Mills and Frito Lay.