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Banking on change

Security Bank of Springfield is seeking approval from the federal government to change its ownership structure so that it is owned by investors rather than by the financial institution’s depositors. A recent bank filing with federal regulators also indicated the financial institution is deeply involved with state-licensed cannabis businesses. Bank president and CEO Stephan Paul […]

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Big plans for Clear Lake Avenue

A 38-acre lot the city of Springfield owns along Clear Lake Avenue may become a $38-million complex of municipal warehouses and offices. The city is contemplating erecting a $24 million water distribution facility and a $14 million Public Works building in the 2100 block of Clear Lake Avenue. The matter was slated for consideration by […]

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Building permits – Oct. 14 – Oct. 20

Chatham Square Associates LLC % Robert Horn received a commercial remodel permit for 1756 Wabash Ave. Contractor is Horizon Retail Construction and the project is valued at $500,000. Wal-Mart Re Business Trust % MS 0555 received a commercial remodel permit for 1100 LeJune Drive. Contractor is Knight Electric Inc. and the project is valued at […]

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Building permits – Nov. 18 – Nov. 24

Franchise Realty Investment TR % Joseph P. Kasprzyk received a commercial remodel permit for 3035 Chatham Road. Contractor is Earll Construction Co. and the project is valued at $200,000. Islamic Society of Greater Springfield received a commercial remodel permit for 3252 Mathers Road. Contractor is the Islamic Society of Greater Springfield and the project is […]

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Makers on the Move

“People may have no idea what’s made right in their backyard,” said Sarah Hartwick, vice president of education and workforce policy at the Illinois Manufacturers’ Association. “The purpose of the Makers on the Move bus tour is to bring awareness and celebrate modern manufacturing in Illinois – the incredible products that are made and careers […]

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Making Springfield a distribution hub

A second large warehouse project to receive city approval in the past three months underscores Springfield’s growing footprint in the logistics and distribution industry, local economic development officials say. “It’s a nice diversification of our employment base,” Ryan McCrady, president and chief executive officer of the Springfield Sangamon Growth Alliance, told Illinois Times. “We have […]

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Public invited to participate in UIS History Harvest

The University of Illinois Springfield History Department invites the public to participate in the 2024 History Harvest, with the theme “Making a Living.” Participants are encouraged to bring work and business memorabilia for digitization and archiving. UIS history students will collect and preserve photos, artifacts and documents, adding them to an online archive. The event […]

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Award recipients announced at Jacksonville Regional Economic Development event

Jacksonville Regional Economic Development Corporation honored the recipients of JREDC’s two annual awards during the organization’s investor appreciation event held at Proud Richard’s Restaurant in Jacksonville on Oct. 10. Turner Scientific was recognized as the 2023 Harold Cox Industry of the Year, in recognition of its inspiring evolution and continued growth. The Jacksonville-based company is a […]

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