Manufacturing
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Elk Grove's Clear Lam Packaging acquired for $170 millionJun 28, 2017 1:00 am - Elk Grove Village-based packaging film manufacturer Clear Lam Packaging is being acquired by global packaging company Sonoco for about $170 million in cash, the companie...
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Nasdaq to delist Fenix PartsJun 28, 2017 1:00 am - WESTCHESTER - Nasdaq has informed Fenix Parts, a recycler and reseller of original equipment manufacturer automotive products, that it will be delisted from the Nasdaq S...
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GF Machining launches high school apprenticeship programJun 27, 2017 1:00 am - LINCOLNSHIRE - GF Machining Solutions has launched a "learn and earn" apprenticeship program with the signing of its first candidate during the company's Solutions Days ...
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Prinova acquires Lycored's U.K., China manufacturingJun 27, 2017 1:00 am - CAROL STREAM - Prinova said it will acquire Israeli-based Lycored's China and United Kingdom Premix operations for an undisclosed amount. Prinova is a global supplier of...
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Geneva firm wins award in international design competitionJun 27, 2017 1:00 am - GENEVA - Jaroslaw Krepa, manufacturing engineer with Burgess-Norton Mfg. Co. in Geneva, and Jeff Prout, product engineering manager with Means Industries Inc. in Michiga...
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Manitex International adds Mynatt Truck & Equipment to dealer networkJun 26, 2017 1:00 am - BRIDGEVIEW - Manitex International said it has added Kansas-based Mynatt Truck & Equipment as a distributor of knuckleboom cranes for the states of Kansas and Missouri. ...
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Lifeway sets $6 million stock 'Dutch auction'Jun 26, 2017 1:00 am - MORTON GROVE - Lifeway Foods has commenced a "modified Dutch auction" tender offer for up to $6 million of its common stock at a price per share not less than $8.50 and ...
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The downside of the low unemployment rate
Jun 25, 2017 7:23 am - WARSAW, Ind. - Each day at Zimmer Biomet headquarters, machinists on one robot-assisted factory floor churn out about 3,000 metallic knee parts. They are facing pressure...
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Xingfa moves HQ to SchaumburgJun 23, 2017 1:00 am - SCHAUMBURG - Hubei Xingfa, a China-based manufacturer of specialty phosphates, has moved its North American headquarters from Naperville to an office space triple the si...
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Kellogg's leaves Woodridge, cuts 258 area jobsJun 22, 2017 1:00 am - The Kellogg Co., maker of cereals and snack foods, said it will close its distribution center in Woodridge this summer and cut 258 area jobs. The first layoffs are expe...