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Business

Charlie Schlenker / WGLT

The Heartland Community College Board of Trustees voted Tuesday to move ahead with a debt swap that administrators hope will increase financial flexibility.

Mike Miletich / WGLT

Electric-vehicle maker Rivian said Tuesday it has brought on a new major investor as it nears the one-year anniversary of moving into the former Mitsubishi manufacturing plant.

Green Top Grocery owners look at their new store
Ryan Denham / WGLT

It took five years of community meetings, fundraising, and planning to open Bloomington’s first grocery store cooperative. Seven months since opening day, the work still isn’t over.

Charlie Schlenker / WGLT

There are 9,000 fewer workers in Bloomington-Normal than there were seven years ago, according to Economist Mike Doherty of the Illinois Farm Bureau.

Jeff Roberson / AP

The parent company of the Pantagraph newspaper in Bloomington reported an increase in quarterly earnings Wednesday.

Randy Wick / Flickr

Illinois is now in year four of fairly low farm income and no turnaround is in sight, according to Farm Bureau Chief Economist Mike Doherty.

Google Maps

The owner of several Bloomington-Normal radio stations filed for bankruptcy Wednesday as part of a restructuring plan to reduce the company’s debt.

Cindy Le / WGLT

It’s not just new businesses like Brandt Industries that are looking to cut their property tax bill.

Bradley University

The latest quarterly look at the Peoria area economy shows modest growth and projected stability.

Google Maps

Negotiations over tax incentives to bring a Canada-based Brandt Industries manufacturing plant to McLean County were unusual in that they included the Unit 5 school superintendent and the county board chair at the table, as well as economic development officials.

Charlie Schlenker / WGLT

The McLean County Board voted 16-1 on Tuesday for a proposed deal to bring a Canadian manufacturer to central Illinois in exchange for at least 300 jobs and a plant investment of more than $21 million.

Google Maps

The new restaurant in the works for Eastland Mall is not new to the community at all.

City of Bloomington

A city official says a new Kroger Marketplace store is still planned for Bloomington’s east side, though the project has been delayed significantly from its original timetable.

Windy City Wieners / Facebook

The entry of Portillo's restaurant into Bloomington-Normal appears to have had an unexpected effect on the marketplace.

Charlie Schlenker / WGLT

To most Americans the "fiduciary rule" on financial planning might not mean a whole lot. But for financial planners, stock brokers, and investment advisors, it's a really big deal.

Charlie Schlenker / WGLT

An author who chronicles the effects of globalization on food and clothing is urging the public to become more informed.

Bruce Rauner speaks at event
G-Jun Yam / The Associated Press

The McLean County Chamber of Commerce is applauding Gov. Bruce Rauner’s veto of a bill that would have raised the state’s minimum wage to $15 per hour.

Cristian Jaramillo / WGLT

What was once a stopping place on the Mother Road has found new life, thanks to a partnership between a local Route 66 scholar and the Town of Normal.

Baylee Steelman / WGLT

A local entrepreneur is shedding light on the hardships of starting a small business as a woman or minority.

The Garlic Press / Facebook

An anchor of Uptown Normal is closing. Owners say they are shutting down the Garlic Press Market Cafe.

Owner Sarah Bushnell McManus said the adjoining gift store will remain open. But McManus says about 15 people will lose their jobs in September when the cafe ends a 12-year run.

Laura Kennedy / WGLT

A pair of Bloomington-Normal entrepreneurs with an eye to the future and a strong sense of humor have launched a Kickstarter campaign for an intriguing new product.

Staff / WGLT

Some members of Bloomington's Downtown Task Force expressed support Tuesday for installing new parking meters in the central business district, as the committee worked to prioritize suggestions for downtown improvements.

Ward 1 Alderman Jamie Mathy said Bloomington and Normal are the only major cities in Illinois he has seen that do not have parking meters.

Charlie Schlenker / WGLT

Online grocery deliveries are a booming industry in the U.S. and now in central Illinois.

Grocery stores have offered online shopping and delivery services for years now. But recently separate companies have begun offering the same service using the stores.

Laura Kennedy / WGLT

After almost a decade of dormancy, there's new life on the north Normal hotel landscape.

Holiday Inn failed. So did Sheraton Inn. And Staywood Inn, as well. Now the new Radisson Hotel hopes to rise from their ashes on the north side of Normal to turn the location into a success story.

David Wilson / Flickr

The Bloomington Normal area edged under 4-percent unemployment last month. That's according to the Illinois Department of Employment Security. Economists suggest the lowest possible level of unemployment is about that 3.8-percent mark.

Compared to a year ago, the twin cities had 900 more jobs in May.

'BN Advantage' Works To Build BN Excitement

Jun 6, 2017
Staff / WGLT

Bloomington Normal has a lot going for it in the competition for a stable and perhaps growing economy. That's according to the head of the Association of Chambers of Commerce Executives. Mick Fleming spoke during a B-N Advantage event at the Rivian Automotive Plant.

Destihl

Destihl Brewery has cut the ribbon on its new  $14 million production facility in north Normal.

The grand opening Saturday at the brewery north of Menards comes at a time craft brewing growth has begun to slow in the U.S. But, Giotto Troia of Destihl said his company's position remains enviable.

Cristian Jaramillo / WGLT

A potential multi-sports complex on Bloomington-Normal's west side could top $50 million in public-private investment.

In an interview  for GLT's Sound Ideas, Katie Kim of the Kim Group, a developer working with landowner Dave Stark on a multi-use sports complex in Bloomington-Normal, said she continues to meet with stakeholders.

Dr. Bernard Goitein / Center for Business and Economic Research, Bradley University

The head of the Center for Business and Economic Research at Bradley University says economic indicators suggest the Peoria area economy will keep on growing at a modest rate. Bernie Goitein said the Caterpillar layoffs have eased and other parts of the economy appear to be compensating.

"Local demand for housing has pushed new single family building permits up .8 percent in the quarter. So, you have this need for more housing. That's more construction and more construction jobs," said Goitein.

Dr. Bernard Goitein / Center for Business and Economic Research, Bradley University

A snapshot of the Peoria area economy shows stability.

The latest composite index out by the Center for Business and Economic Research at Bradley University shows a minor decline in activity, though it also shows the economy is still growing.

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