Business

Developer interested in downtown parking lot

CHAMPAIGN – A Madison, Wis., company is interested in building a tax-credit apartment building downtown that would combine living space for artists and entrepreneurs with accompanying work studios.

Gorman & Co. has indicated interest in building on the north half of city parking Lot C, near the intersection of North Walnut and Washington streets. The city parking lot is located north of The News-Gazette building.


Auto parts maker has its eyes on Michigan facility

URBANA – While one Champaign County auto parts maker is on the block, another is looking for acquisitions.

Urbana-based Flex-N-Gate Corp. is interested in buying the Collins & Aikman plant in Evart, Mich., according to Evart City Manager Roger Elkins.


Quints heading home today

ST. LOUIS – The quintuplets are coming home in style today – in a limousine.

"It'll be a good ride. We wanted to do something special," said Pete Ferrill, who will be traveling to St. Louis this morning and returning to Danville along with Jenny and the three boys, Layne, Drayden and Landyn, and the two girls, Kieran and Irelyn.


Future of trucking company in limbo

CHAMPAIGN – Company officials are deliberating the future of Champaign trucking company JAT Transportation.

JAT, which has been based in the former Southland distribution facility, could be "rolled into" Pittsburgh-based trucking company R&R Express, an official of JAT's parent company said last week.


Main Street, Busey plan shareholder votes Feb. 28

CHAMPAIGN – Shareholders of First Busey Corp. and Main Street Trust Inc. will meet Feb. 28 in separate gatherings to vote on the proposed merger of the two bank holding companies.

Main Street shareholders will gather at the Champaign Country Club at 2:30 p.m. to consider the merger, and First Busey shareholders will meet at the same place 90 minutes later.


Tilton power plant sold for $1.75 million

DANVILLE – Dynegy's peak power processing plant in Tilton has a new landlord.

The Tatman family and CCC Properties LLC bought 8 acres and a 348,000-square-foot industrial building at 501 N. H St. in December for $1.75 million, according to county property records.


Flowers delivered and dinner served despite weather

CHAMPAIGN – It seems love really does conquer all.

Even slippery roads and great big mountains of snow.

It was Valentine's Day, after all, and so many lovebirds had dinner reservations to keep. They had flower deliveries on order.


Skiers, snowmobilers take joy in white stuff

KICKAPOO STATE PARK – Kids with sleds aren't the only ones who can find joy in a blizzard.

Brian Klugow, 42, of Westville was hoping Vermilion County would get its share of snow from this week's storm.


Main Street Bank's Greene named Athena Award winner

CHAMPAIGN – Donna Greene spent the first half of her professional career teaching home economics. She spent the second as a financial planner.

Today she's president of Main Street Bank & Trust's Wealth Management Division, which manages $2.2 billion in assets.


Seventh flight to Chicago to be added April 10

SAVOY – American Eagle will add a seventh daily flight to Chicago from Willard Airport beginning April 10, the airline announced Tuesday.

American Eagle, the regional affiliate of American Airlines, will continue to make one daily trip between Willard and Dallas-Fort Worth.


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