business

Business
12:43 pm
Tue September 2, 2014

WUIS/SJ-R Business Report: Casey's Expansion; Parsons In Court; Farmland Prices Fall

Tim Landis
Credit SJ-R.com

This week, State Journal-Register Business Editor Tim Landis tells us about the growth of Casey's General Stores and the company's plans for the future. 

We'll also get an update on the case against THR and Associates founder Jeff Parsons and the decline in farmland prices.

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Business
8:28 am
Thu May 8, 2014

New Chamber President Says He Will Keep A Local Focus

Chris Hembrough
Credit GSCC

Chris Hembrough said he wasn't looking for a new job.  He's been the Executive Director of the local Big Brothers Big Sisters for the past 7 years.

"I wasn't looking around, but sometimes opportunities come your way, especially when trusted folks give you a lead of advice. So I threw my hat in the ring," Hembrough said.

Hembrough was selected as the new President and CEO of the Greater Springfield Chamber of Commerce, starting July 1. 

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Budget FY15
5:47 pm
Wed May 7, 2014

Quinn, Rauner On The Business Of The State Budget

Gov. Pat Quinn told the Illinois Manufacturers' Association and the Illinois Retail Merchants' Association that "savage" cuts will occur if his budget plan does not pass.
Credit Amanda Vinicky/WUIS

  The two men dueling to be Illinois' next governor tried Thursday to win over business leaders with their plans for the state's finances. They both made appearances before a joint meeting of Illinois' retailers and manufacturers in Springfield.

Quinn got a standing ovation as he took the stage, but the response after that was lukewarm.

Just before Quinn's speech, several business owners had been at the podium, complaining about Illinois' high unemployment rate, regulations and taxes.

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Business
5:54 pm
Tue April 29, 2014

New Springfield Chamber CEO Announced

Chris Hembrough
Credit Greater Springfield Chamber of Commerce

The Greater Springfield Chamber of Commerce has announced the next President and CEO of the organization.  Chris Hembrough will assume the duties in July. 

Hembrough has served as Executive Director of Big Brothers Big Sisters since 2007.  Before then, he managed Fink's Superior Cleaners for 5 years.  

Hembrough is 1981 Griffin High graduate.  He also starred on the football field, going to the University of Miami and playing on that school's 1983 national championship team.

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Judges' Qualifications Questionned
6:29 am
Thu January 2, 2014

New Tax Appeals Tribunal Open For Business

Credit Illinois Department of Revenue

An Illinois Independent Tax Tribunal years in the making is up-and-running today. It gives businesses and individuals who have problems with their tax bills a new avenue to get them overturned. Still there are early concerns over who Gov. Pat Quinn has nominated to serve as the tribunal's Chief Administrative Law Judge.

Say a business doesn't agree with how much the state Department of Revenue says it owes in sales taxes. Before, it had two options: fight the tax bill in court (though that costs time and money) or plead the case to the Department of Revenue.

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Pensions
6:21 am
Tue December 3, 2013

Strange Bedfellows Could Kill Leaders' Pension Deal

A Christmas tree and other holiday decorations bring a festive spirit to the capitol on Monday -- today the statehouse will be bustling during last-minute negotiations ahead of a landmark pension vote.
Credit Brian Mackey/WUIS

Illinois legislators will be asked today (12/3) to take what many say could be the most important vote of their careers. They've been called back to Springfield to take up a measure that would drastically alter the state's retirement plans. Doing so would have obvious ramifications for state employees, teachers and university workers whose pensions are at stake. But the impact of a vote is far more widespread. What happens could also affect everything from the state's credit rating and Illinois' next budget, to the 2014 elections. The outcome is anything but certain.

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Business
11:55 am
Tue November 26, 2013

WUIS / SJ-R Business Report: Nov. 26, 2013

Tim Landis
Credit SJ-R

WUIS' Sean Crawford talks with the State Journal-Register's Tim Landis about outlet malls planned for Springfield.  Are there enough shoppers to support all the stores?

We also discuss an expansion for Springfield Clinic and the shutdown of the final unionized mine in the state of Illinois.


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Business
3:08 pm
Wed November 20, 2013

Sangamon County Businesses See Economic Growth Amid Concerns

What do Sangamon County employers see in the year ahead?  The fall economic outlook survey shows they have a positive outlook about their individual business and sector, but not about the overall economy.  As for jobs, nearly half expect employment rates to stay stagnant.  

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Business
6:22 am
Mon November 4, 2013

Greg Baise: Illinois Has To Compete For Jobs

Greg Baise
Credit IMA

A key Illinois business leader says the state is facing tough competition when it comes to keeping jobs.  Greg Baise is President of the Illinois Manufacturer's Association.  He says controversial legislation in Illinois that would offer tax breaks to certain firms is an effort to keep pace.

Among the firms, agribusiness leader Archer Daniels Midland, which wants to move it's corporate headquarters from Decatur to a larger city.  Illinois and other states are wooing the company with promises of tax incentives.

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Statehouse
3:32 pm
Thu October 31, 2013

Senator Wants Job Commitment From ADM

Sen. Andy Manar
Credit ilga.gov

New legislation would bring jobs to Decatur as a condition for Archer Daniels Midland Company to receive state incentives it wants to keep its headquarters in Illinois.
 
State Sen. Andy Manar introduced an amendment Thursday to require the company
to relocate at least 100 jobs from out of state to Decatur and hire at least 100
new full-time employees a year in the city for five years.
 
ADM announced earlier this year it will move its 100-employee global
headquarters out of Decatur. ADM is reportedly considering Chicago and other
cities.
 

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Harvest Desk
2:30 pm
Mon September 23, 2013

ADM To Move Headquarters From Decatur

Credit ADM

Agribusiness giant Archer Daniel Midland Company says that after 44 years in Decatur, Ill., it is looking for a new location for its headquarters.
 
CEO Patricia Woertz says in a news release Monday that ADM needs what she called a global center with better access to customers and employees around the world. 
The company says it doesn't plan layoffs and will keep a workforce of 4,400 in Decatur, which also will become ADM's North American headquarters.  ADM says the new headquarters would have about 100 employees.
 
ADM is the largest employer in Decatur.

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Economy
5:52 am
Fri September 6, 2013

Departing Chamber President: Politicians Not Doing Enough To Create Jobs

Doug Whitley, 63, will retire next year after a dozen years as president of the Illinois Chamber of Commerce. He submitted his resignation Thursday at the chamber's board meeting. " “It will be good for the Illinois Chamber to have a new leader with a fresh perspective when the next gubernatorial administration starts, whether Gov. Pat Quinn is re-elected or we have a new governor,” Whitley said in a statement.
Credit Amanda Vinicky

After twelve years as President of the Illinois Chamber of Commerce, Doug Whitley's retiring next year.

Whitley says he's leaving disappointed, as the latest data showed Illinois with the second highest unemployment in the nation, behind Nevada.

And he says political leaders haven't done enough about it, except for one - Chicago's mayor: "With the exception of Mayor Rahm Emanuel, I don't hear any other political leaders in our state talking about jobs, trying to recruit jobs, trying to announce new jobs and showing a sincere concern with unemployment," Whitley says.

Business
6:20 pm
Tue July 9, 2013

WUIS / SJ-R Business Report: July 9, 2013

Tim Landis
Credit SJ-R.com

The State Journal Register's Tim Landis talks with Sean Crawford about efforts to get a Schnucks' grocery store on Springfield's east side, a couple of bank mergers in the area and what might be Springfield's oldest fitness center is up for sale.

Read the latest business stories in the SJ-R

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Business
2:29 pm
Mon April 29, 2013

Sangamon County Employers Have Mixed Outlook

The survey of employers find many have positive expectations for their own firms, but have a negative overall outlook for the coming year.  Ashley Kirzinger, Director of the UIS Survey Research Office, spoke with us about the findings:

The survey is sponsored by the University of Illinois Springfield's Chancellor's Office, the Center for State Policy and Research at UIS and the Greater Springfield Chamber of Commerce.

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