Des Plaines Business
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Lender rejects Emerisque's offer for HartmarxMay 29, 2009 11:00 pm - A week ago, things were looking up for employees of Des Plaines-based Hart Schaffner & Marx, maker of high-end suits favored by President Barack Obama. Company officials...
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Bias Power relocates headquarters in Buffalo GroveMay 28, 2009 11:00 pm - Electronics manufacturer Bias Power has relocated its headquarters to a larger location in Buffalo Grove. The new facility at 1330 Busch Parkway houses executive offices...
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Durbin sides with Hartmarx, urges Wells Fargo not to liquidateMay 27, 2009 11:00 pm - U.S. Sen. Dick Durbin talked about the O'Hare expansion, flooding issues and Obama's troubled suitmaker on Wednesday in Des Plaines. The Illinois senator met with new ma...
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Hartmarx accepts $85.5 million ' stalking horse' bidMay 22, 2009 11:00 pm - The jobs of roughly 600 workers at Hart Schaffner & Marx's Des Plaines factory aren't secure yet but their prospects look a lot brighter after company leaders chose a bu...
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Palatine man has advised Blackhawks' Wirtzes for 64 years - and countingMay 21, 2009 11:00 pm - Ken Scranton loves nothing more than spending time with "Rocky and the boys." The Wirtzes send a limousine out to Palatine to chauffeur their longtime legal adviser - al...
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Will buyout offer save President's suitmaker?May 20, 2009 11:00 pm - Officials at Wells Fargo & Company remained mum Wednesday about a new buyout bid for Chicago-based suitmaker Hart Schaffner & Marx. London-based Emerisque has offered mo...
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Workers at Obama suit maker await word on offerMay 20, 2009 11:00 pm - Dozens of lawmakers are askingTreasury Secretary Timothy Geithner to pressure creditors of Hartmarx Corp. to allow the sale of the struggling menswear maker. The 120-yea...
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Banco Popular restates commitment to Rosemont, despite cutting jobsMay 19, 2009 11:00 pm - Puerto Rico-based Popular Inc., the parent of Banco Popular, says it remains committed to its North American headquarters in Rosemont, despite streamlining that has elim...
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New fuel rules may help BorgWarner, Johnson ControlsMay 19, 2009 11:00 pm - Auto parts makers BorgWarner Inc. and Johnson Controls Inc. may benefit from President Barack Obama's new fuel-economy standards as car companies seek more components th...
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Workers hopeful Des Plaines suitmaker won't be liquidatedMay 19, 2009 11:00 pm - Workers at a suburban suitmaker say they hope a new offer for the company will avoid liquidation. Union officials said Wednesday that London-based Emerisque has offered ...