State Tipoffs Involving Illinois Newsletter for Friday September 20, 2024 ( 17 items ) |
Boeing: Southeast Asia Air Traffic to More Than Triple Through 2043
CHICAGO, Illinois, Sept. 20 -- Boeing, an aerospace company and a manufacturer of commercial jetliners and defense, space and security systems, issued the following news release:
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- Airlines will need 4,720 new airplanes over 20 years, with single-aisle jets making up 80% of projected deliveries
- Passenger air traffic in the region will grow 7.2% annually, as carriers connect fliers across Asia-Pacific
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BALI, Indonesia, Sept. 19, 2024 -- Boeing [NYSE: BA] forecasts Southeast Asia
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City Colleges of Chicago and Northwestern University School of Professional Studies Sign Early Admissions Agreement to Support Transfer Students
CHICAGO, Illinois, Sept. 20 -- City Colleges of Chicago issued the following news:
Northwestern University School of Professional Studies(SPS) and City Colleges of Chicago (CCC) are partnering to increase access to higher learning by offering early admissions to transfer students from City Colleges of Chicago to the world-renowned university.
"This partnership highlights SPS's dedication to working with City Colleges of Chicago to support adult learners." Dean Thomas Gibbons of Northwestern Sc
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Consolidated Communications: York Community Connected to Future-Proof Fiber Internet From Fidium Fiber
MATTOON, Illinois, Sept. 19 -- Consolidated Communications, a broadband and business communications provider, issued the following news release:
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More than 7,200 homes and businesses in York can now benefit from the life-changing impacts of fiber broadband
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YORK, Maine -- Fidium Fiber's multi-gig speed internet network is now available to more than 7,200 homes and businesses in York, Maine.
Fiber broadband is considered the best internet service delivery method among 63 percent o
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GROWMARK Purchases Stake in Big River Resources
BLOOMINGTON, Illinois, Sept. 20 -- GROWMARK Inc., an agricultural cooperative serving cooperatives, retailers, businesses and customers, issued the following news release:
GROWMARK has made an investment in Big River Resources LLC, an ethanol production company, headquartered in West Burlington, Iowa, effective September 18.
GROWMARK CEO Mark Orr says GROWMARK believes ethanol will continue to be a strong driver of the agricultural industry with the potential for new and exciting innovative us
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Hyatt Expands Portfolio in the Golden State and Into a New Market With Hyatt Centric Delfina Santa Monica
CHICAGO, Illinois, Sept. 19 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Sept. 18, 2024:
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The former Le Meridien Delfina Santa Monica joins the Hyatt portfolio, growing Hyatt's brand footprint in California
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Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Centric Delfina Santa Monica, marking the Hyatt Centric lifestyle brand's sixth hotel in California and the 101st Hyatt hotel in the Golden State.
Primely located in o
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Ill. Gov. Pritzker: EV Manufacturer Ymer Technology Announces Opening of U.S. Headquarters in Illinois
BUFFALO GROVE, Illinois, Sept. 20 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Sept. 19, 2024:
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REV Illinois incentive package supports company's relocation from Houston
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Ymer Technology, a manufacturer of electric vehicle (EV) components for the heavy equipment industry, the Illinois Department of Commerce and Economic Opportunity (DCEO), Lake County Partners, and the Village of Buffalo Grove, announced the grand opening of its new U.S. headquarters in Buf
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Ill. House Democrats: Canty Lauded by Illinois Environmental Council for Work Tackling Climate Change, Promoting Clean Energy
SPRINGFIELD, Illinois, Sept. 20 -- The Illinois House Democrats issued the following news:
ARLINGTON HEIGHTS, Ill. -- State Rep. Mary Beth Canty, D-Arlington Heights, received a 100% scorecard from the Illinois Environmental Council (IEC) for helping lead the fight to support the environment, tackle climate change and promote clean energy.
"Keeping our air clear and our water clean, promoting the growth of clean energy technologies, combatting the effects of climate change or cutting back on w
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Ill. House Democrats: Families and Fun Take Center Stage at Kids Expo Hosted by State Rep. Stephanie Kifowit
SPRINGFIELD, Illinois, Sept. 20 -- The Illinois House Democrats issued the following news:
Aurora, Ill. - Over 800 attendees flocked to the Phillips Park Family Aquatic Center on Saturday, September 14 for the annual Kids Expo and Touch-A-Truck event, hosted by State Representative Stephanie Kifowit (D-Oswego). The event, held from 10:00 a.m. to 1:00 p.m., was a resounding success, with families enjoying a perfect day of sunshine, fun activities, and interactive experiences.
Highlights of the
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Ill. House Democrats: Scherer Encourages Residents to Apply for Federal Lifeline Program
SPRINGFIELD, Illinois, Sept. 20 -- The Illinois House Democrats issued the following news:
In recognition of Digital Connective and Lifeline Awareness Week, state Rep. Sue Scherer, D-Decatur, is encouraging local income-eligible residents to take advantage of discounted internet and phone services through the federal government's Lifeline Program.
"In our connected world, a cell phone and access to the internet are absolutely essential yet many of our citizens struggle to pay the rising costs
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Ill. House Democrats: Yang Rohr Hosts Waterway Cleanup, Continuing Environmental Advocacy
SPRINGFIELD, Illinois, Sept. 20 -- The Illinois House Democrats issued the following news:
NAPERVILLE, Ill. - State Rep. Janet Yang Rohr, D-Naperville, is inviting members of the community to help her clean up the DuPage River at Knoch Knolls Park on Saturday, Sept. 28 at noon, continuing her advocacy for environmental protection and the preservation of Illinois' habitats.
"As state representative, I have always been a strong defender of our state's natural beauty, both continually emphasizing
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Kirkland Advises Cinven on Sale of Minority Stake in SYNLAB to Labcorp
CHICAGO, Illinois, Sept. 20 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis has advised Cinven on the sale of an indirect minority stake in SYNLAB to strategic investor Labcorp. The completion of the sale is subject to regulatory approvals and is expected to occur in Q1 2025.
SYNLAB is one of the leading European clinical laboratory and medical diagnostic services companies and has more than 27,000 employees in over 30 countries across four continents. Th
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Kirkland Advises Thompson Street on Its Single-Asset Continuation Fund
CHICAGO, Illinois, Sept. 20 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis represented private equity firm Thompson Street Capital Partners (TSCP) on the completion of its single-asset continuation fund transaction.
The continuation fund acquired one of TSCP's strongest performing assets, Gurobi Optimization, from TSCP IV.
The transaction is TSCP's second continuation fund and was led by Hamilton Lane and StepStone Group, and supported by a diverse grou
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Kirkland Represents RLDatix on Acquisition of SocialClimb
CHICAGO, Illinois, Sept. 20 -- Kirkland and Ellis, a law firm, issued the following news release:
Kirkland & Ellis advised RLDatix, a portfolio company of Five Arrows, TA Associates and Nordic Capital and the leading global provider of connected healthcare operations software and services, on its acquisition of SocialClimb LLC, a healthcare technology company supplying patient satisfaction, reputation management and revenue growth solutions to provider groups, hospitals and health systems.
Wit
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Marcus & Millichap Facilitates Sale of 22,155-Square-Foot Industrial Flex Property in Chicago Suburb
ENCINO, California, Sept. 20 -- Marcus and Millichap issued the following news release:
VERNON HILLS, Ill., Sept. 19, 2024 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 825 Corporate Woods Parkway, a single-tenant industrial flex property located in Vernon Hills, Illinois. The property sold for $2.4 million.
"This transaction underscores the strong deman
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U of I System Trustees Approve $8.3B Budget That Emphasizes Academic Excellence, Student Affordability
URBANA, Illinois, Sept. 20 -- The University of Illinois System issued the following news:
The University of Illinois Board of Trustees today approved an $8.3 billion operating budget for the current fiscal year, representing a 6.2% increase from FY 2024 and prioritizing student support, academic excellence and affordability.
The University of Illinois System reported another record year in student enrollment for the fall semester, with a systemwide total of 97,772 enrolled students at the uni
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UIC Professor Named 2024 Freedom Scholar
CHICAGO, Illinois, Sept. 20 -- The University of Illinois Chicago campus issued the following news release:
University of Illinois Chicago professor Nadine Naber has been selected to join the latest group of Freedom Scholars, a distinction from the Marguerite Casey Foundation that recognizes "exceptional scholar-activists committed to advancing justice and equity."
Naber and three other members of the 2024 cohort will each receive a $250,000 grant to advance their work on social justice issue
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WIU SBDC Director Ann Friederichs Honored With 2024 SBDC State Star Award for Illinois
MACOMB, Illinois, Sept. 20 -- Western Illinois University issued the following news release:
MACOMB/MOLINE, IL - Ann Friederichs, director of the Illinois Small Business Development Center (SBDC) at Western Illinois University, has been named a recipient of the prestigious 2024 SBDC State Star Award for Illinois. The State Star Award recognizes top performers in the SBDC network who demonstrate exemplary service, dedication and success in helping small businesses thrive.
Friederichs expressed
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