Business and Economy | WGLT

Business and Economy

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Brandt Industries will be getting more than just local tax breaks if it brings a new plant to McLean County.

Carleigh Gray / WGLT

Unit 5’s school board on Monday reluctantly approved around $400,000 in property-tax breaks for a Canadian manufacturer in exchange for the promise of hundreds of new local jobs.

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Brandt Industries expects to bring around 500 jobs to McLean County over the next decade and might even establish its U.S. headquarters in Bloomington-Normal, the company’s president said Monday.

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A Canadian agriculture equipment manufacturer would receive at least $600,000 in property tax breaks over the next 10 years if it brings hundreds of promised new jobs to McLean County, according to a proposed agreement facing its first vote Monday.

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A Canadian agriculture equipment manufacturer is working with local taxing bodies on an incentive package that would bring at least 300 new jobs to McLean County, officials said Saturday.

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The next step in the redevelopment of Eastland Mall will be a new restaurant.

WGLT

A low number of homes on the market is helping to drive up prices in Bloomington-Normal real estate, even as the demand for newly built homes continues to lag.

Mark Lennihan / The Associated Press

Bloomington-Normal's jobless rate fell again in September and remains the lowest among all metro areas in the state, the Illinois Department of Employment Security reported Thursday.

Richard Drew / The Associated Press

The city of Chicago has officially submitted its bid to be home to Amazon's second headquarters.

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.

Ralph Weisheit / WGLT

Home sales continue to lag in the Peoria area, despite a strong end to the busy summer sales season.

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Should Normal give away $800,000 in tax breaks to a shopping center owner so that the town can reap $4.8 million in projected new tax revenue?

Evan Vucci / The Associated Press

The relentless hurricane season is keeping Bloomington-based insurers busy.

Ryan Denham / WGLT

It’s no secret that more and more children are being diagnosed with autism. The Centers for Disease Control and Prevention (CDC) says about 1 in 68 children has autism spectrum disorder. That jumps to 1 in 42 for boys—almost five times more common than in girls.

Ryan Denham / WGLT

Eastland Mall in Bloomington is moving forward with its redevelopment plans, with Planet Fitness now slated to open in a space formerly occupied by JCPenney.

Ralph Weisheit / WGLT

State Farm’s plans to realign its IT operations include a voluntary buyout for some employees.

Ralph Weisheit / WGLT

Bloomington-Normal home sales ticked back up again in August as more buyers closed deals toward the end of the busy selling season.

Brooke Palmer / Warner Bros. Pictures via AP

The end of summer marks the end of the worst summer box office for Hollywood in over a decade, thanks to an especially floppy parade of sequels.

taxcredits.net / Flickr

Bloomington-Normal's jobless rate continued to fall in August, as the local economy added around 1,700 jobs in the past year, the Illinois Department of Employment Security reported Thursday.

Ryan Denham / WGLT

The most famous red door in Bloomington-Normal will be closing for the last time next month.

WGLT

An internal announcement this week at State Farm won’t have a major impact on the size of the insurer’s overall workforce in Bloomington-Normal, the company said Friday.

Ryan Denham / WGLT

Bloomington-Normal bars and restaurants aren’t the only ones happy to see the college students back in town.

Mark Lennihan / The Associated Press

Bloomington-Normal’s jobless rate continued its decline in July, as the local economy added more jobs in professional and business services and leisure and hospitality.

Ryan Denham / WGLT

There will soon be another place to drink local in Bloomington-Normal.

Ralph Weisheit / WGLT

Bloomington-Normal home sales dipped in July as fewer buyers closed deals during the busy summer selling season.

Baylee Steelman / WGLT

You may like Portillo’s. But Peter Robinson loves Portillo’s.

He left his home in Waterman (near DeKalb) at 3:30 a.m. to be one of the first in line for Tuesday’s much-anticipated opening of the new Portillo’s in Normal. That’s a 90-minute drive, then another 5-hour wait, before the 10:30 a.m. opening. (By 9 a.m. there were around 12 people already in line in Normal, including Robinson.)

It’s time for a serious, data-driven look at hot dogs and chocolate cake shakes.

The new Portillo’s opening Tuesday in Normal is widely considered one of the most—or the most—anticipated restaurants openings in this community’s history. (Sorry, Chick-fil-A.)

Baylee Steelman / WGLT

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

Ryan Denham / WGLT

More than 1,000 Bloomington-Normal homes have already signed up for MetroNet, with 12,000 residences and businesses ready for installation, a company spokesperson said.

Ryan Denham / WGLT

President Donald Trump’s top agriculture official stopped in Central Illinois on Monday to talk with farmers about the next farm bill and other federal programs.

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