Business

Federal Mandate?
5:57 am
Thu December 6, 2012

Com Ed Clear-Cuts DeKalb Trail To Protect Power Lines

DeKalb Nature Trail, near Sycamore Road, clear-cut beneath Com Ed's transmission lines.
Susan Stephens WNIJ

More than a mile of trees and plants are being mowed to the ground along a DeKalb nature trail. That’s how Com Ed is handling a federal mandate meant to keep trees away from its largest transmission lines. WNIJ’s Susan Stephens reports.

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Nippon Sharyo Secures Major Contract
7:07 pm
Mon November 19, 2012

Business Rolling At Rochelle Railcar Maker

Image of the trains to be produced by Nippon Sharyo in Rochelle, IL under four state high speed rail contract.
Guy Stephens WNIJ

It’s official. A railcar maker in Rochelle will build 130 high speed rail cars for the Midwest and California.  Governor Pat Quinn and U-S Transportation Secretary Ray LaHood announced the $352-million contract Monday at Nippon Sharyo’s factory in Rochelle.  

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Business
10:08 am
Sat November 3, 2012

Feds Close Citizens First Bank

Citizens First National Bank served customers in Chicago's western suburbs and the LaSalle area.  On Friday, November 2, the FDIC's Office of the Comptroller of the Currency closed the bank, including its branches in Aurora, Genoa, Huntley and Hampshire. It's the FDIC's policy not to give advance notice of a bank's closing.

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"Bainport" Protests
12:25 am
Thu October 25, 2012

Jesse Jackson Among 14 Protesters Arrested In Freeport

The sign towering over the encampment.
Credit Susan Stephens / WNIJ

Fourteen people, including Reverend Jesse Jackson, were arrested Wednesday afternoon after marching onto the grounds of the Sensata Technologies factory in Freeport. They're protesting the company's decision to move 170 jobs from the northwest Illinois city to China.

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Business
6:25 am
Mon October 22, 2012

Protesting Outsourcing: The Residents of "Bainport"

Tom Gaulrapp stands next to the tent where he has lived since early September to protest outsourcing at his employer across the street.
Susan Stephens WNIJ
  • Story with the Hoyer family at "Bainport"

Reverend Jesse Jackson is the next high-profile activist who plans to visit the northwest Illinois encampment known as “Bainport.” Reverend Al Sharpton spoke to the crowd of protestors based at the Stephenson County Fairgrounds in Freeport Saturday. They’ve pitched their tents across the street from Sensata Technologies, where many of them will see their last day of work two weeks from today.

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Business
9:59 am
Fri October 12, 2012

Mendelssohn Arts Center Buys Rockford Church

Mendelssohn

The Mendelssohn Performing Arts Center has purchased First Presbyterian Church in Rockford.  The building went on sale in January. The funds to buy and renovate the church were given to Mendelssohn by donors.  The center will use the building for new performance and rehearsal space.

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Rockford Airport
5:08 am
Thu October 11, 2012

Bad News, Sun-Seekers: No RFD To RSW This Season

flyrfd.com

Plans to offer flights from Rockford to southwest Florida have fallen through. Chicago-Rockford International Airport director Mike Dunn announced Wednesday that after long and intense negotiations, the airport will NOT be able to provide service to Fort Myers this travel season. 

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Business
6:25 am
Thu October 4, 2012

ICC Ruling Puts ComEd's Smart Grid Plan On Hold

ComEd says it will delay elements of its grid modernization plan. That's after the Illinois Commerce Commission issued a ruling Wednesday that would prevent the utility from earning its desired profits, as it tries to cover the costs of infrastructure upgrades.

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Business
5:10 am
Fri September 28, 2012

Rochelle Company Selected for Big Rail Car Contract

The Nippon Sharyo plant in Rochelle, IL
wnij

Rochelle-based Nippon Sharyo has been named the intended recipient of a $352 million contract to build 130 bi-level passenger railcars to accommodate high-speed rail expansion in Illinois and two other Midwest states as well as California.

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Business
7:46 am
Thu September 20, 2012

Citizens First Under Pressure To Boost Capital

A northern Illinois bank faces pressure to improve its financial footing. Citizens First National Bank has received notification from regulators that it has become "critically under-capitalized."

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