Manufacturing
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Caterpillar moving headquarters, CEO from Peoria to Chicago areaJan 31, 2017 8:15 am - PEORIA - Caterpillar Inc. has scrapped plans to build a new office complex in Downtown Peoria and will move its global headquarters to the Chicago area by the end of the...
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Segment growth boosts Anixter 4Q sales 3 percentJan 31, 2017 12:00 am - Business Wire GLENVIEW - Increasing demand amid a sluggish industrial economy helped boos Anixter International's fourth quarter 2016 sales were up 3.2 percent. The comp...
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ADM sells Crop Risk Services to ValidusJan 31, 2017 12:00 am - CHICAGO - Archer Daniels Midland Co. said it sold its Crop Risk Services business to Validus Holdings for approximately $127.5 million. The deal includes a marketing ser...
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Suburban officials roll out welcome mat for CaterpillarJan 31, 2017 12:00 am - Suburban mayors and economic development leaders put out the welcome mat Tuesday after Caterpillar said it will move its global headquarters from Peoria to an undetermin...
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Hengli America to move headquarters to BolingbrookJan 30, 2017 12:00 am - BOLINGBROOK - China's largest hydraulic manufacturer, Hengli America LLC, said Monday it acquired a building at 580 Crossroads in Bolingbrook that will become its U.S. h...
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Strong demand pushes Cabot Microelectronics 1Q revenue up 23 percentJan 26, 2017 12:00 am - AURORA - Cabot Microelectronics Corp. said revenues for the first quarter of fiscal 2017 were up 22.8 percent as global demand for its products remained strong. Total re...
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ITW 4Q revenues up 4 percentJan 25, 2017 12:00 am - Globe Newswire GLENVIEW - Illinois Tool Works reported fourth-quarter 2016 total revenue was up 4 percent from the previous year's period. Revenue for the global manufa...
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Executive outlines ideas to help Illinois manufacturersJan 25, 2017 12:00 am - A local manufacturing executive Wednesday offered possible solutions to help save Illinois from losing more companies and workers to other states. Greg Baise, president ...
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US Foods launches secondary public offeringJan 24, 2017 12:00 am - ROSEMONT - US Foods Holding Corp. has launched a secondary public offering of its common stock. Investment funds associated with selling stockholders Clayton, Dubilier &...
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Rockford Products machinery, equipment to be sold in auctionJan 23, 2017 12:00 am - PRNewswire NORTHBROOK - The largest auction of fastener manufacturing equipment in 30 years is scheduled for Feb. 14-16 in Rockford with the sale of assets from Rockford...