Business

Business

Bidders on home draw straws to break deadlock

CHAMPAIGN – It was a draw.

The U.S. Department of Housing and Urban Development foreclosed on a house in Tuscola, and two prospective buyers submitted identical bids for it.

Champaign, Iowa firms to work on better technology

CHAMPAIGN – A Champaign-based company that is marketing a new ethanol technology has reached a partnership with an Iowa company that will help ethanol plants around the country to use the process.

Leaders of the two companies said use of the combined technologies should lower the costs of operating ethanol plants, making them more profitable.

Editor lauds culture that made electronics last

URBANA – Inveterate tinkerers haven't gone the way of your grandfather.

They're still around, building guitars out of cigar boxes and robots out of computer mice.

Hays recognized for professional accomplishments, community involvement

CHAMPAIGN – Jane Hays was 38 and a managing partner with the Champaign law firm of Thomas, Mamer & Haughey when she was given a chance to change careers.

David Downey, whose business provides life insurance services to high-worth individuals and firms, suggested she join his firm and help with succession planning for clients.

Water rate plan draws fire

CHAMPAIGN – Larry Davis says it's "very unusual" for him to attend a Champaign County Chamber of Commerce informational forum.

But when he read that Illinois American Water Co. officials would be at Wednesday morning's chamber forum to talk about their proposed 60 percent water rate increase, Davis had to be there.

City to fight street lighting rate proposal

CHAMPAIGN – The city of Champaign and possibly other area cities will focus on fighting a proposed 41 percent increase in street lighting costs in the pending AmerenIP rate case.

Naperville facility official hired to lead UI Credit Union

CHAMPAIGN – The University of Illinois Employees Credit Union has hired E.J. Donaghey as its president, shareholders were told at the credit union's annual meeting Tuesday night.

Donaghey, 41, of Oswego has been executive vice president and chief operating officer for the similarly sized Hawthorne Credit Union in Naperville the last five years.

Roberts motorists must burn more gas to buy more gas

ROBERTS – It used to take a quick trip down the street for the 380 people living in this Ford County village to fill their vehicles and lawn mowers with gasoline.

Today, it takes a 25-minute commute to towns like Paxton, Gibson City, Gilman or Onarga.

Businesses to get info on proposed water rate hike

CHAMPAIGN – An informational forum will be held Wednesday morning to give the business community a chance to ask questions about a proposed 60 percent water rate increase by Illinois American Water.

The forum, sponsored by the Champaign County Chamber of Commerce, will be held at 7:30 a.m. in Suite 201 in the chamber offices at 1817 S. Neil St., C.

It's your business: Mahomet facility welcomes seniors

A new assisted-living community will open in Mahomet next month.

And the 55-and-older adults it's catering to can move in with their pets.