Latest News

Avant closes $339 million in debt financing

Chicago-based lender Avant announced Thursday that it has closed two secured transactions totaling $339 million in debt financing.

Chicago's Atlantic Research joins forces with Jim Huge Associates

Partnership will allow for seamless delivery of intensive executive services for schools and school leaders.

Northrop Grumman selects Robert J. Fleming for newly created vice president position

Northrop Grumman, the world’s fifth largest defense contractor, has appointed Robert J. Fleming as vice president of the company’s land and self protection systems (L&SPS) division, putting him in charge of cyber, unattended systems and division strategy.

Arbor Investments adds Hudson Baking Company to food and beverage portfolio

Wisconsin bakery is known for its high-quality marshmallow crispy dessert bars.

Windsor Advantage achieves major compliance certifications

Chicago-based lender service provider completes year-long audit

Strategic Hotels & Resorts mulls strategic alternatives

Real estate investment trust Strategic Hotels & Resorts Inc. this week announced that its board of directors is exploring strategic alternatives for the company that could include the sale of the firm.

Chicago's PowerOne Corp. purchases ResCom Energy

PowerOne Corp. concluded its acquisition of ResCom Energy LLC Tuesday as it prepares to expand its presence throughout the Midwest.

Engineering firm hires consultant for Chicago office

Arup has hired Daniel Michaud as an associate and senior technology consultant to help build the information technology and communications (ITC) group in its Chicago office while also strengthening the firm's overall regional digital and smart buildings offerings.

Service King acquires eight more Chicago sites

Service King Collision Repair announced Monday it is expanding its national presence by acquiring Riverdale Body Shop and its eight facilities in the Chicago area.

Elgin-based Good-Lite buys Richmond Products

Elgin-based Good-Lite Co., a leading maker of eye charts and LED-based illumination cabinets, said Monday it has purchased the assets of Richmond Products for an undisclosed amount.

Leapfrog introduces new vice president

Leapfrog announced today the appointment of Scot Wheeler as vice president of consumer intelligence and business analytics, which is a new position within the agency's Consumer Journey practice.

Saddle Creek to launch new distribution center

Third party logistics provider Saddle Creek Logistics Services announced last week that the company has commenced building a new distribution center in Chicago.

McKibben named chief investment officer at Brennan Investment Group

Scott McKibben was recently promoted to the post of chief investment officer at Chicago-based Brennan Investment Group.

VTech toys earn National Parenting Publications Awards

Late last week, officials at VTech, whose North American offices are based in Arlington Heights, announced that nine of the company's products earned National Parenting Publications Awards (NAPPA).

Haynes and Boone merges with Mavrakakis Law Group

Haynes and Boone LLP recently announced the addition to the firm of the partners and associates of Mavrakakis Law Group LLP (MLG), which operates offices in Palo Alto, California and Chicago.

Duke Energy CEO Lynn Good to join Boeing's Board of Directors

BodyDuke Energy CEO and President Lynn Good has been chosen to join Boeing’s Board of Directors where she will serve on the board’s audit and finance committees.

Schawk receives prestigious Excellence in Service award from Amway

Schawk, a firm specializing in branding services, was recently honored by Amway for 2014’s “Excellence In Service,” an award given out only once a year by the Amway Global Procurement group.

Illinois sees a sharp rise in IT sector job postings for second quarter of 2015

Illinois is seeing a spike in information technology (IT) job postings with the second quarter of 2015 seeing a 90 percent jump over the same period last year.

GelTech Solutions agrees to stock-purchase deal with investment firm

GelTech Solutions, an environmentally friendly industrial products company based in Jupiter, Florida, said on Wednesday that it has signed a stock-purchase agreement on Monday with investment firm Lincoln Park Capital Fund, LLC, which will purchase up to $10 million in GelTech common stock.

Whirlpool to open new distribution center near Chicago

Whirlpool Corporation, makers of well-known appliance brands like KitchenAid and Maytag, is expanding its distribution network in the United States with a new regional distribution center (RDC) to be located outside Chicago.

Metro Business Network