Business

Business news

WNIJ

DeKalb and Rochelle may be in the running for a massive new auto manufacturing plant. Toyota and Mazda announced they are teaming up to build a $1.5 billion factory in the U.S. but didn’t specify the site.

State Rep. Tom Demmer, R-Dixon, says he knows state and local economic-development officials are working on a code-named project that meets the same specifications of the Toyota/Mazda plan. 

Demmer says he’s not surprised that DeKalb and Rochelle are contenders. He said both of the cities within his legislative district have what a manufacturer of that size needs.

Ross Beach / WNIJ

There seems to be a growing taste for homegrown spirits in the DeKalb area. Now a family-run distillery is looking to expand.

Katie Finlon / WNIJ

19,000 visitors are expected to swoop into the Rockford area, starting this weekend. Four major national conventions and events are underway.

Most of them are attending the annual convention of Jehovah’s Witnesses over the next three weekends at the BMO Harris Bank Center. But thousands of trappers also are expected at the Winnebago County Fairgrounds: It’s the 58th annual National Trappers Association convention, congregating in the region for the first time.

Illinois Pork Producers Association

Growing up in Rushville as the granddaughter of Schuyler County pig and dairy farmers, Carrie Johnson learned early the importance of agriculture to the local economy. Now an adult living and working in Rushville, Johnson says she supports the growth of local business and agriculture.

pixabay.com

Banking in Illinois ranks fourth among all the states for choice, stability, best rates, and customer satisfaction, according to a recent survey by Money-Rates.com.

The survey compared the number of banks in each state, the number of bank failures, the interest rates for savings and deposits, and the JD Power ratings of banks to generate the list.

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