Business

Business

Catlin soil firm's mix has corn yields hitting new heights

CATLIN – The state average for corn yields in Illinois this year is 175 bushels per acre. And farmers are quite pleased if they can bring in 200 bushels per acre to the grain elevator.

But 300 bushels per acre?

Registration deadline set for Jan. 16 Herb Day event

URBANA – The registration deadline is Jan. 8 for Herb Day 2010, which will be from 8 a.m. to 4:30 p.m. Jan. 16 at the Holiday Inn Hotel and Conference Center, 1001 Killarney St., U.

Registrations will be allotted on a first-come, first-served basis. Once the available 270 spaces are filled, any additional registrations will be returned. On-site registration will only be available if all 270 seats are not filled by pre-registration. On-site registration does not include lunch.

Central Illinois Bank parent ready to go it alone for now

CHAMPAIGN – Admitting it will be "challenging" to find a strategic partner, the parent company of Central Illinois Bank says it's "prepared to run independently as long as necessary."

At an informational teleconference for shareholders Friday, CIB Marine Bancshares spelled out goals for the next two years and outlined recent developments.

Developer plans lofts for Sports Publishing building

CHAMPAIGN – Developer Jeff Mellander said he hopes to put 10 to 12 loft apartments – and possibly more – in the Sports Publishing building on North Neil Street.

Mellander Holdings LLC acquired the two-story building at 802-804 N. Neil St., C, this week, following the auction of it last month.

Two programs receive donations

DANVILLE – The Lose the Training Wheels Camp and Your Family Resource Connection have each received donations from local businesses.

The Lose the Training Wheels Camp is held each summer at the David S. Palmer Arena. During the one-week camp, professionals teach students with varying disabilities how to ride a two-wheel bicycle without the aid of training wheels. The program uses about 100 local volunteers who work, usually in pairs, with individual students. Campers use a series of specially designed bicycle configurations that help them gain balance skills and confidence.

Bankruptcy case resolved for former Pages owners

SAVOY – It's been nearly a year since Pages for All Ages bookstore closed in Savoy after nearly two decades in business.

No new businesses have moved into the shuttered storefront at Savoy Plaza. The bookstore's owners, Brandon and Susan Rucker Griffing, have moved to the Austin, Texas, area, and their bankruptcy case was recently resolved in U.S. Bankruptcy Court in Danville.

Railroad 'recycler' in works as new Danville business

DANVILLE – Danville has landed a new "green" company that will specialize in a unique service – reconditioning railroad castings.

Champaign tower to be much shorter than original design

CHAMPAIGN – Development of a planned 20-story tower adjacent to the city's tallest building at Green and Fourth streets will continue, but the tower will be less than half as tall as the original design.

There still is no fixed timeline for the construction of a Roland Realty-owned apartment complex at 311 E. Green St. But when it does go up, it will contain, in its eight stories, fewer bedrooms and less parking.

Davis Electric keeps business in family for 50 years

URBANA – Tom Davis started in the electrical contracting business 50 years ago, and he's still working in the field today.

Davis, 74, is the founder of Urbana-based Davis Electric, a business he sold to his children 11 years ago. But he's often out at job sites, dealing with backhoes and helping crews start on new work.

Carle Clinic doctors accept merger offer with Carle

URBANA – Carle Clinic doctors have voted to accept a $250 million offer by Carle Foundation Hospital to purchase the clinic system.

Now, it's up to the state's Health Facilities Services and Review Board to decide if medical patients and others in Carle's East Central Illinois service area would be best served by merging the two Carles into one.