June 28, 2022

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Caterpillar moving to Texas; Big Ten could block sale of Rosemont building

E. Dundee to give downtown a improve

With only a ten years remaining on a assets tax incentive program to assist spur redevelopment in East Dundee’s downtown district, village trustees are wanting to know if a new 1 is necessary to breathe new lifestyle into the Haeger Pottery home and other parcels.

Caterpillar moving HQ to Texas

Caterpillar Inc. introduced Tuesday the firm is relocating its world-wide headquarters from North suburban Deerfield to Texas, with the changeover starting off this year.

New glance, identify for restaurant

When Francesca’s by the River in downtown St. Charles reopens in mid-July, it will have a new search and a new name: Francesca’s Mio Modo.

Mundelein sells land to brewery

Just weeks right after finalizing a offer to purchase a previous vehicle wash in town, Mundelein officers on Monday agreed to provide the land to a enterprise setting up to run a restaurant and brewery close by.

Firm could move manufacturing

A rising Indian snack meals company hopes to relocate its producing facility to Elgin underneath a plan that proceeds the renewed enterprise curiosity in the industrial park that borders Elgin Community School.

Large 10 could block Rosemont sale

Rosemont has a tentative deal to promote the part of an enjoyment district building housing the well known Fogo de Chão restaurant for much more than $7 million. But the Significant 10 Meeting, which occupies the majority of the a few-story brick constructing future to the Tri-State Tollway, has less than a thirty day period to workout a appropriate of initially refusal in case it desires to invest in the restaurant area.

Momentum in struggle from rail merger

A marketing campaign led by suburban mayors versus the proposed merger of two main North American railroads is getting steam. Some Illinois lawmakers have joined mayoral and county leaders in their resistance to the railroad megadeal. That is even as Canadian Pacific offered to make a “voluntary community expenditure” of a complete of $10 million to eight suburbs.