Economic woes put Carle expansion on back burner
By The News-Gazette
Friday November 28, 2008
URBANA – Carle Foundation Hospital says it will slow down its $236 million expansion project because of the downturn in the economy.
"The Carle Foundation and Carle Clinic are financially sound organizations. They are simply taking a conservative approach to financing the building project and believe it is in their best interest to wait until the financing environment improves," the hospital announced in a written statement.
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