Business

Business

Common Ground members raise $250,000 for Urbana move

CHAMPAIGN – Common Ground Food Co-Op has raised $250,000 in loans from members to help support its upcoming move to Lincoln Square Village in Urbana.

The sum was raised in less than two months and will be used as leverage to get further financing to build out and stock shelves at the new location, according to a news release from the organization.

Municipal electric utility gets a hearing in Gibson City

GIBSON CITY – City officials and businessmen are using their energy to talk about the future of energy.

The city council's 11-member Energy Task Force heard Phillip "Doc" Mueller of the Illinois Municipal Utilities Association in Springfield outline the concepts of a municipally-owned electric company at its first meeting Thursday.

Firm aims to auction as many as 60 units in Urbana condo sale

URBANA – At least 10 and as many as 60 condominiums at Capstone Quarters will be auctioned off April 19 as the developer of the Urbana condominium complex seeks to scale back sales operations there.

Danville's new jobs come at Ohio's expense

DANVILLE – Though champing at the bit to announce the good news of 200 new jobs at ThyssenKrupp Crankshaft Co., Vicki Haugen of Vermilion Advantage said the company needed to inform employees of its Fostoria, Ohio, plant of its closing first.

The Danville facility will consolidate the company's crankshaft machining work to the Danville International Drive location. The two machining plants produce crankshafts for the North American heavy-duty automotive, truck and engine markets.

Two hundred new jobs headed to ThyssenKrupp

DANVILLE – Though chomping at the bit to announce the good news of 200 new jobs at ThyssenKrupp Crankshaft Company, Vicki Haugen of Vermilion Advantage said ThyssenKrupp needed to inform employs of its Fostoria, Ohio plant of its closing first.

The Danville facility will consolidate the company's crankshaft machining work to the Danville International Drive location. The two machining plants produce crankshafts for the North American heavy-duty automotive, truck and engine markets.

Development group to get interim leader

CHAMPAIGN – John Dimit is expected to be hired as interim executive director of the Champaign County Economic Development Corp,

Dimit, 59, who retired in November as executive director of the Champaign County Regional Planning Commission, stepped down from the economic development group's board of directors last fall. He continues to serve on the Urbana school board.

Local Baker's Square closes doors

CHAMPAIGN – No pies for you!

The Bakers Square restaurant in Champaign closed Wednesday night in connection with its parent company, Vicorp Restaurants Inc., filing Chapter 11 bankruptcy Thursday.

Employers, job hunters pack Parkland gym

CHAMPAIGN – Bernard Malemba was laid off from his job at Guardian West on March 3. Figuring he needed to find other work, he and some buddies from the auto parts plant headed to the Parkland Job Fair on Thursday.

Malemba liked some of the opportunities he found. Looking for jobs in manufacturing, production or warehousing, the Champaign resident said he was particularly interested in Hobbico, a distributor of radio-controlled vehicles.

Record number of businesses at expo

CHAMPAIGN – A record number of vendors turned out for the East Central Illinois Business Expo, according to the Champaign County Chamber of Commerce.

About 125 businesses sponsored booths at Wednesday's expo, the fourth consecutive year it was held at the University of Illinois Assembly Hall.

Building damaged by overnight fire

URBANA – Fire officials are continuing to investigate the cause of a fire at an Urbana pizza parlor early today.

Urbana fire Division Chief Brian Nightlinger said firefighters were called to the Papa John's Pizza, 1307 E. Florida Ave., at 1:38 a.m. today.