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Duravant acquires Marelec in Belgium
Dec 5, 2022 3:03 PM
Downers Grove-based Duravant LLC said Monday it has acquired Marelec Food Technologies, a manufacturer of intelligent portioning and weighing solutions headquartered in Nieuwpoort, Belgium.
Fortune Brands to acquire door hardware companies
Dec 5, 2022 2:56 PM
Deerfiled-based Fortune Brands Home & Security Inc. said it has entered into a definitive agreement to acquire the Emtek and Schaub premium and luxury door and cabinet hardware business and the U.S. and Canadian Yale and August residential smart home locks business for $800 million.
Senate passes deal for rail workers, without sick pay, to avoid strike
By KEVIN FREKING and JOSH FUNK
Dec 1, 2022 8:57 PM
WASHINGTON -- Legislation to avert what could have been an economically ruinous freight rail strike won final approval in Congress on Thursday as lawmakers responded quickly to President Joe Biden's call for federal intervention in a long-running labor dispute.
Business for a Better World: W.W. Grainger
Dec 1, 2022 11:57 AM
Why W.W. Grainger is a Business for a Better World.
Made in the Suburbs: CV-TEK RapidPak
Nov 27, 2022 1:00 AM
CV-TEK RapidPak makes packaging products in a new facility in Elgin.
Fortune Brands approves separation of MasterBrand cabinets
Nov 22, 2022 3:56 PM
Deerfield-based Fortune Brands Home & Security Inc. Tuesday said its board has approved the previously announced separation of its cabinets business, MasterBrand Inc., via a tax-free spin-off.
Parts Town creates chief digital officer role
Nov 22, 2022 1:00 AM
Addison-based Parts Town said Miron Washington has joined its leadership team as chief digital officer. In this newly created role, Washington will focus on driving the organization's e-commerce business, digital acceleration, innovation and marketing capabilities.
Signode unveils global flagship facility in Roselle
Submitted by Signode APT
Nov 21, 2022 1:16 PM
Signode's Automation and Packaging Technologies division celebrated the opening of their new global flagship facility with the mayor and other officials from the village of Roselle, commemorating the occasion with a ribbon-cutting ceremony.
Gamma Technologies to acquire Swiss software portfolio
Nov 17, 2022 2:43 PM
Westmont-based Gamma Technologies, a global innovator in multi-physics system simulation software, said Thursday it has entered into a definitive agreement to acquire the FEMAG software portfolio from a Swiss partnership.
8 million quarters to continue playing: Elk Grove gives Stern Pinball incentive to stay in town, expand
By Christopher Placek
Nov 17, 2022 8:06 AM
Elk Grove Village has awarded a pinball machine manufacturer up to $2 million in tax increment financing funds to expand and relocate its operations a few blocks away from its current location in the village business park.
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