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What You Need To Know To Start Your Day

Consumer sentiment declined slightly in the latest edition of a closely watched survey by University of Michigan researchers, though overall confidence about the U.S. economy remains higher than it did a year ago.

Tony Lucenko

Northeast Regional Economic Development Newsletter

Numerous opportunities available to businesses and individuals through the Illinois Department of Commerce and Economic Opportunity.

Tony Lucenko

Dr. Zachary Goldstein, MD, a Fellowship Trained Orthopedic Surgeon with OrthoIllinois in Elgin, IL recently became one of the first surgeons to perform a lumbar Disc Replacement in the NW suburbs of Chicago using Centinel Spine’s prodisc® L Total Disc Replacement (TDR) technology.

OrthoIllinois

Additional Projects in Boston, Chicago, New York Awarded Funds for Planning, Construction

Federal officials announced the remaining grants for transportation and commercial developments this year in Boston, Chicago, New York and other U.S. cities.

Tony Lucenko

What You Need To Know To Start Your Day

U.S. consumers are bracing for inflation to remain essentially unchanged over the next five years as access to credit tightens, according to the latest Federal Reserve Bank of New York survey.

Tony Lucenko

The program was brought to Elgin through the efforts of the Elgin Housing Authority but is open to any qualified young person residing in the Elgin community.

Housing Authority of Elgin

What You Need To Know To Start Your Day

February’s announced job reductions by U.S.-based employers totaled 84,638, rising 3% from the prior month and 9% from a year earlier as companies across several industries continue to cut costs in a challenging economy, according to outplacement firm Challenger, Gray & Christmas.

Tony Lucenko

What You Need To Know To Start Your Day

Led by leisure and hospitality, the nation’s private-sector employment grew by 140,000 jobs in February over the prior month, as pay rose at an average annual rate of 5.1%, according to the latest monthly tracking by payroll services provider ADP and Stanford University’s Digital Economy Lab.

Tony Lucenko

Discount Retailer Changes Focus Back to Full-Size Locations

Discount giant Target plans to open more than 300 new stores, mostly full-sized brick-and-mortar locations, bucking a national trend after mounting a drive to roll out smaller-format sites.

Tony Lucenko

Handful of Distribution Hubs Have Increasingly Limited Options for Large Logistics Centers

The industrial building boom that began in 2020, spurred by a surge in e-commerce distribution leases and rock-bottom interest rates at the time, has reached historic proportions. But it hasn't saturated every U.S. market.

Tony Lucenko

What You Need To Know To Start Your Day

Rent cost burdens have eased since the early months of the COVID-19 pandemic but are still leading large numbers of young adults to live in their parents’ homes for extended periods in many states, especially those in the West, South and Northeast.

Tony Lucenko

What You Need To Know To Start Your Day

Grocers remain among retail’s most active companies when it comes to U.S. location expansion, and that trend is expected to continue in the coming year despite challenges facing the larger retail economy, according to a new national report from brokerage JLL.

Tony Lucenko

What You Need To Know To Start Your Day

U.S. consumer confidence ticked down in February after three consecutive monthly gains even as some concerns about inflation eased, according to a closely watched survey on business conditions and household finances by the Conference Board.

Tony Lucenko

www.illinois.gov/dceo

Carol Gieske

What You Need To Know To Start Your Day

January’s U.S. sales of newly built houses increased 1.5% from December and topped the year-earlier total by 1.8%, the latest sign of a potential housing rebound recently marked by stabilizing mortgage rates.

Tony Lucenko

DOWNLOAD NEW REPORT ON HOW TECHNOLOGY IS RESHAPING RETAIL TO ADAPT TO CHANGING CONSUMER HABITS

Comcast Business

Elgin Symphony Orchestra has unveiled the first in its line-up of extraordinary programming to commemorate the Orchestra’s 75th anniversary. The ESO’s Classics Series was announced today, with subscription sales for the entire six-concert series going on sale Tuesday, Feb. 20.

Elgin Symphony Orchestra

The House and Senate both returned to Springfield on Tuesday to kick off the second week of the Spring session. Business for the week concluded early on Thursday. No action of note was taken on the floor in either chamber over the past three days aside from resolutions and the first reading of bills. There was limited committee action of note

Carol Gieske

Elgin, IL - The Illinois Water Environment Association has recognized Mayor Dave Kaptain with the 2024 (IWEA) Public Official Award. He will be honored on Monday, March 18 during the IWEA Awards Committee Banquet in East Peoria.

Carol Gieske

Today, Cook County President Toni Preckwinkle joined small-business owners, Business Support Organizations and other partners at The Hatchery to celebrate the distribution of the 2023 Source Grant. The program represents a historic $50 million investment in both city neighborhoods and suburban communities through the Cook County Small Business Source.  “Cook County’s small businesses have faced uncha

Carol Gieske

ELGIN, IL. – Mariah Madson (Chicago, IL.), Assistant Professor and Department Chair of Early Childhood Education at National Louis University, Chicago, IL., has been named executive director of the Winston Knolls Education Group and the Winston Knolls Foundation, it was announced today. Madson will replace Val Belmonte, President / CEO, who announced earlier this year his plan to retire July 1, 2024.

Carol Gieske

The School District U-46 Board of Education Monday approved a new four-year contract for more than 2,500 members of the Elgin Teachers Association (ETA).

School District U-46

Check out th erefreshed website at elgindevelopment. com

The Elgin Development Group (EDG), a division of the Elgin Area Chamber (EAC), has officially launched its redesigned website, elgindevelopment.com. The new and inspiring website took months of dedicated work and commitment to become a comprehensive tool kit for new and existing businesses. Terry Gajewski, VP of Operations, and creator behind the website said, “We are thrilled to unveil this revitalized website that serves as a one-stop shop for navigating the business landscape in Elgin.” The new website provides e

Carol Gieske

See t Kane County has been awarded $25 million in funding to improve rail safety near the intersection of Randall Road and Hopps Road on the borders of the City of Elgin and Village of South Elgin. he animated flyover

Carol Gieske

The Elgin Area Chamber of Commerce is pleased to announce its executive committee board leadership and new board members for 2024. The 2024 chamber board chair is ReJena (Jeni) Lyon, Hampton, Lenzini & Renwick, Inc. (HLR); vice chair, membership -Yvonne Irving, KCT Credit Union; chair-elect - Rolando Guerrero, Grand Victoria Casino; past chair - Yaneth Medina, Elgin State Bank & secretary, Carol Gieske, EAC. New board members include Leslie Maloney, Managing Dir, Chase Card Services, & Kerry Klein, President, Flender.

Carol Gieske

We are pleased to announce the addition of two new attorneys to our team!

Lavelle Law, Ltd.

The Elgin Area Chamber of Commerce recently celebrated two ribbon cuttings in support of Hampton, Lenzini, and Renwick, Inc. (HLR) in Elgin. HLR is an employee-owned professional services firm in Illinois that specializes in providing high-quality transportation engineering, environmental, and surveying services. It currently has five locations: two in Elgin, plus Crystal Lake, Springfield, and Mt. Carmel.

Carol Gieske

Banking and Business Monthly – October 2023

Carol Gieske

The Governing Board of Directors of Family Service Association of Elgin (FSA) is thrilled to announce that they unanimously voted to appoint Janeth Barba, LCSW as our next Chief Executive Officer (CEO) effective December 30, 2023. The executive search was led by the Executive Committee of the Governing Board of Directors who were seeking a candidate who possesses a broad set of traits such as collaborative, inspirational, strategic mindset, and industry knowledge. They also prioritized candidates who would fit within a

Carol Gieske

Cherry Bekaert has acquired PKF Mueller, a full-service certified public accounting and business advisory firm in the metropolitan Chicago area.

Elgin Area Chamber

The Enhancing Elgin Committee of the Elgin Area Chamber's Elgin Development Group is pleased to recognize people and organizations on October 18 as they present the valuable 2023 Elgin Image Awards. These awards recognize outstanding individuals, businesses, and organizations who are making a powerful difference in the City of Elgin by promoting the positives of why Elgin is a great place to live, work, learn, do business, get involved, visit and enjoy!

Carol Gieske

The International Economic Development Council (IEDC) announces that the Elgin Development Group (EDG), a program of the Elgin Area Chamber of Commerce, has been recognized by IEDC as an Accredited Economic Development Organization (AEDO).

Carol Gieske

John B. Sanfilippo & Son will take over the million-square-foot facility, Treehouse Foods' only remaining manufacturing plant in Minnesota.

Elgin Area Chamber

Superintendent Johnson announces new Cabinet members, school principals for the 2023-24 school year

Tara Burghart

Letter from Raul Anaya, President of Business Banking

Bank of America (Business Banking)

Three siblings. Three generations. And now, three CEOs. If good things come in threes, as the saying goes, Hoffer Plastics, a leading provider of custom injection molding solutions, definitely has a good thing going. The company’s board of directors has promoted Gretchen Hoffer Farb, Charlotte Hoffer Canning and Alex Hoffer to co-CEO’s following their successful sharing of the company’s leadership after taking the helm in January 2020.

Elgin Area Chamber

Dr. Michael Montgomery resigned from his position as Executive Director of Food for Greater Elgin. The Board of Directors has hired Andres Diez to replace him in that role.

Amy Huckaba

The City of Elgin is proud to announce the upcoming renovation and addition project for the Hemmens Cultural Center, a historic landmark and beloved venue for the performing arts. Designed and constructed by the esteemed Cordogan Clark & Associates, this project aims to modernize the facility while preserving its rich legacy as a premier destination for national, regional, and local performing and presenting organizations.

Elgin Area Chamber

St. Sophia Church at 525 Church Road in Elgin (Rt. 31 and I-90) will present its 44th annual summer “Greek Fest” the weekend of July 7th, 8th and 9th 2023. The fest will be open on Friday and Saturday from 12 noon to 11pm. Sunday’s hours are 12 noon to 10pm. Six thousand people attend the festival each year – it is open to the public and admission is FREE.

Elgin Area Chamber

Illinois Environmental Protection Agency (IEPA) Director John J. Kim today announced the opening of Illinois? Electric Vehicle (EV) Rebate Program. The program was created under the Climate and Equitable Jobs Act (CEJA) passed by the General Assembly and signed by Governor Pritzker in the fall of 2021. Individuals can now access and complete an application for a rebate under Illinois? EV Rebate Program at: https://www2.illinois.gov/epa/topics/ceja/Pages/Electric-Vehicle-Rebates.aspx. Applications for the first funding r

Elgin Area Chamber
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