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Many Say Demand Is Outpacing Supply Despite Closures, Bankruptcies

U.S. store closings have surged in recent months compared to last year while openings have slowed slightly. But retail real estate professionals remain upbeat on the industry going into the last half of 2024, saying they see few signs the sector is about to enter another retail apocalypse.

Tony Lucenko

What You Need To Know To Start Your Day

Walmart executives and investors were cheered as the world’s largest retailer reported first-quarter sales and earnings that beat expectations in a climate where several retail chains are cutting jobs and closing stores.

Tony Lucenko

We are really excited to announce that School of Rock is coming to Elgin, IL. We are taking pre-enrollments now. Learn more about the classes we offer at our website. We are located at...

School of Rock Elgin

All American Flag Company is a full-service flag provider and a certified retailer of all Made in the USA products.

All American Flag Company

Growth Outpaces Overall Construction Investment in Past Five Years, Study Finds

As developers pitch fitness centers, outdoor terraces and other features to attract tenants and residents, estimated global spending on the construction of wellness-related real estate could more than double to nearly $1 trillion by 2028.

Tony Lucenko

What You Need To Know To Start Your Day

Consumers are ratcheting up their short- and long-term expectations for inflation as high prices linger on several fronts, according to the latest national tracking by the Federal Reserve Bank of New York.

Tony Lucenko

The House returned to Springfield this afternoon for a brief day of session. There was minimal floor action of note aside from the movement of bills to second and third reading and adoption of agreed resolutions. The House and Senate will both return return tomorrow, May 14th with floor action beginning at 11am and 12 pm respectively.

Carol Gieske

The 2023-24 class of the Elgin Leadership Academy (EALA) celebrated the completion of its ten month intensive leadership program with a graduation ceremony on May 4, 2024 at Elgin Community College. “Leadership development is a priority within our Chamber’s strategic plan,” notes Carol Gieske, CEO and president of the Elgin Area Chamber. “This award-winning leadership development program of the Elgin Area Chamber is designed to meet the community’s needs for active participation and networking of informed and dedicated

Carol Gieske

What You Need To Know To Start Your Day

U.S. consumer sentiment retreated significantly in May from the prior month, as respondents to the University of Michigan’s widely watched survey expressed concern about lingering inflation, high interest rates and other issues.

Tony Lucenko

Weekly Update

The Illinois Department of Commerce and Economic Opportunity (DCEO) launched its Asian American and Pacific Islander (AAPI) Heritage Month celebrations. Throughout the month of May, DCEO will be spotlighting AAPI owned businesses, hosting a series of business resource events and elevating community events. Additional information about resources and events can be found on DCEO’s AAPI Heritage Month landing page.

Tony Lucenko

Estimated 93% of Metropolitan Areas Post First-Quarter Price Gains, Industry Data Shows

The cost to purchase an existing home is climbing in metropolitan areas across the United States — and prices in the Midwest seem to be leading the way.

Tony Lucenko

Grant opportunity

Are you ready to propel your manufacturing operations to new heights? Kane County, Illinois, is proud to announce the release of a funded program designed to empower manufacturers like you to achieve operational excellence and address workforce challenges head-on.

Tony Lucenko

From Loan Investment to Land Use Changes, Moves Come as Prices Rise and Supply Lags

The United States has a housing affordability problem — and states are trying to fix it.

Tony Lucenko

What You Need To Know To Start Your Day

A prominent economic organization is projecting steady but modest global economic growth this year and next as private-sector business confidence improves even while housing and credit markets still feel the pinch of monetary tightening.

Tony Lucenko

ILLINOIS CHAMBER Rail Report May 6, 2024 Highlights from Today: The House returned to Springfield this afternoon for a brief day of session and to kick off the week. There was no activity of note as floor action lasted just under 30 minutes. The Senate canceled today's business. Both the House and Senate will return tomorrow, May 7th at 12 pm. Illinois Chamber of Commerce © 2024 Chamber Rail Report | Andrew Cunningham, Editor © Illinois Chamber of Commerce May 6, 2024 Highlights from Today:

Carol Gieske

What You Need To Know To Start Your Day

The nation added a lower-than-expected 175,000 jobs in April as the unemployment rate ticked up to 3.9% from March’s 3.8%. But Department of Labor numbers showed considerable employment gains for industries that generate real estate demand, including healthcare, retail, construction, transportation and warehousing.

Tony Lucenko

Weekly Update

Here is the weekly update on funding opportunities per the request of the Latinx Business Colectivo – Funding Opportunities working group.

Tony Lucenko

What You Need To Know To Start Your Day

Automakers led April’s announced job reductions at more than 14,000 as U.S. companies across several industries continued trimming workforces in a bid to reduce costs and boost profits in the face of diminished customer demand, according to the latest monthly tracking by Challenger, Gray & Christmas.

Tony Lucenko

Free Trolley Rides and admissions Discover the rich tapestry of Elgin's history and visit four of its remarkable museums and the Gail Borden Public Library 150th anniversary exhibit during the “Open Elgin Museum Crawl” on Saturday, May 25, 2024 from noon to 4:00pm. Take a captivating journey by hopping aboard a trolley. To start your museum crawl adventure, simply choose any of the five participating locations and visit with free admission the Elgin Public Museum of Natural History and Anthropology, Elgin History Mu

Carol Gieske

Intro In today’s world, ensuring the safety and security of our schools has become an increasingly pressing issue. With the rise in school emergencies and violent incidents, it is more important than ever to have effective emergency response systems in place. School emergency response is a critical aspect of ensuring the well-being of our students and staff, and it is crucial that we learn from past incidents to shape present safety measures.

Carol Gieske

Policymakers Preach Patience As Price Increases Remain Elevated

Citing concerns over recent inflation data, the Federal Reserve’s policymaking committee left its overnight lending rate unchanged again at its meeting this week, its sixth consecutive meeting of doing so.

Tony Lucenko

The following are events planned for Memorial Day, Monday, May 27th, 2024 by the Elgin Patriotic Memorial Association (EPMA) in cooperation with the City of Elgin. For further information, including possible weather-related changes, please visit www.elginmemorialday.org.

Carol Gieske

The Illinois Secretary of State’s mobile Driver Services unit will be at the Village of Carpentersville Public Works Facility on Thursday, June 6, 2024. The event is scheduled from 10:00 am – 2:00 pm at 1075 Tamarac Drive in Carpentersville.

Yesenia Sanchez

What You Need To Know To Start Your Day

Volatile business conditions spurred more than 600 chief executive officers at U.S. companies to leave their posts in the first quarter, reaching a single-quarter record in more than 20 years of tracking by outplacement firm Challenger, Gray & Christmas.

Tony Lucenko

Springfield – The Illinois Emergency Management Agency and Office of Homeland Security (IEMA-OHS) was notified by the Federal Emergency Management Agency (FEMA) of two grant opportunities available to non-profit organizations across Illinois.

Carol Gieske

What You Need To Know To Start Your Day

Consumer spending increased for the second straight month in March, despite an uptick in an inflation measure that is closely watched by the Federal Reserve.

Tony Lucenko

Our Elgin Area Leadership ACademy group identified mental health awareness as a community need in Elgin. We partnered with The Awakenings Project in Elgin, Artist Edie Freimark, Naomi's House in Wheaton, and other talented students in the Elgin Community College Certified Recovery Support Specialist certificate program, including Tara Rentondo and Trish Kudlacz, to showcase an art exhibit created by individuals recovering from mental health illness.

Carol Gieske

Elgin, IL - The City of Elgin launched its newly redesigned website, now available at elginil.gov. This revitalized platform marks a significant milestone in the city’s commitment to providing a user-friendly and accessible online experience for the community. The redesigned website boasts a fresh new look and improved functionality, making it easier than ever for residents, businesses, and visitors to access essential information and services.

Carol Gieske

April 22, 2024

Weekly Update

Tony Lucenko

The expansive property currently housing the David C. Cook Publishing House in Elgin is poised to become the site of Elgin Area School District U-46’s newest elementary school. U-46 school board members have given their support to a purchase agreement for the property, spanning 9.16 acres at 850 N. Grove Ave., for $2.4 million.

Terry Gajewski

The Kane County Cougars and 93 Octane Brewery have announced a new partnership for the 2024 baseball season, naming 93 Octane Brewery the official craft brewery of the Kane County Cougars.

Kane County Cougars

The House returned to Springfield for this week's first day of session while the Senate will return tomorrow. Both chambers are scheduled to remain in session through Friday, the House's third reading deadline. Extensive time was spent on the floor in the early afternoon with a handful of committees taking place into the early evening. 31 bills passed the House today, relevant action is highlighted below.

Carol Gieske

Weekly Update

Multiple Grant Opporunities

Tony Lucenko

The Junkluggers of Chicago NW Suburbs has signed a 12,250-square-foot industrial lease at 425 Airport Road in Elgin. The junk removal, recycling and reuse business is expanding and relocating from another space in Elgin.

Yesenia Sanchez

The Senate was in Springfield for this week's first day of session while the House will not return until tomorrow. The early afternoon was spent on floor action, including the movement of numerous bills to third reading and bill passage. A number of amendments were adopted in committees today as well. The House and Senate will both return tomorrow, April 10th with the Senate beginning floor action at 11 am. Committee hearings will begin at 8 am.

Carol Gieske

Funding Opportunities

Department of Commerce Programs and Opportunities

Tony Lucenko

Please welcome him to our business community with an email of congratulations to Scott@WisdomInvestments.com. Thank you!

Yesenia Sanchez

The award-winning Elgin Area Leadership Academy (EALA) invites the community to attend a thought-provoking free, live performance entitled, “The Crane”, on Wednesday, April 24, 2024 at the Elgin Community College Spartan Theatre, Building G, from 7:00 to 8:30 pm. The original play, written by playwright and retired Kane County Judge Wiley Edmonson, is a reader’s theatre performance presented by the Elgin Theatre Company (ETC). ETC was founded in 1953 and is now a fully independent non-profit, which produces high-qualit

Carol Gieske

The Illinois Department of Transportation announced last week that a project to replace the bridge carrying Illinois 31 (State Street) over U.S. 20 in Elgin would begin, weather permitting, Monday, April 1.

Office of State Representative Anna Moeller

Forest-headquartered Consumers Credit Union - have announced their intent to pursue a merger later this year, subject to regulatory and member approvals. The companies will continue to operate as Consumers Credit Union, and after merging will be the 5th largest credit union in Illinois, with nearly $4 Billion in total assets and over 260,000 members.

Carol Gieske

The Cicadas are invading Kane County in more ways than one. In honor of the 2024 rare emergence of the Cicadas, the Cougars will be changing their identity for the game on Thursday, June 20 at 6:30 p.m. to become the Kane County Cicadas.

Kane County Cougars

In the heart of downtown West Dundee, The Village Squire (https://www.villagesquire.com/) is celebrating a remarkable milestone. Established in 1974 by immigrant brothers Paul and George Karas, this once dimly lit, old English Pub with a modest menu of nine items has grown into a Fox Valley institution known for good food, drinks, outdoor dining, and entertainment.

Carol Gieske

As part of its commitment to increasing access to early learning opportunities for young children, the Elgin Partnership for Early Learning (EPEL) will celebrate the Week of the Young Child by joining community partners to co-host playgroups, storytimes, music classes, vision screenings, a swim session, outdoor activities, and more, all free to area families.

Amber Peters

Attend the 2nd annual Elgin Earth Summit, a community fair event to promote sustainability and foster community engagement during Earth Month. The event will be held Saturday, April 20 from 9 a.m. to 1 p.m. in the Heritage Ballroom, at the Centre of Elgin, 100 Symphony Way.

Carol Gieske

Illinois Department of Transportation Begins Work On Illinois 31 Over U.S. 20 Bridge On April 1

City of Elgin

From the Department of Commerce and Economic Opportunity: Funding Opportunities:

Carol Gieske

The Kane County Health Department is monitoring the measles outbreak in Cook County and additional cases in Lake and Will counties.

Kane County Health Department

The Kane County Health Department is monitoring the measles outbreak in Cook County and additional cases in Lake and Will counties. While there are currently no reported cases in Kane County, it is important to be aware of the symptoms of measles and to protect yourself and your children with a safe and effective vaccine.

Carol Gieske

In a testament to their continued excellence and commitment to customer satisfaction, Starship Travel, located in South Elgin, has proudly received the prestigious All-Star Award for the ninth year, among 205 travel agency members of the MAST Travel Network, at an awards ceremony held recently in Addison, Illinois. This esteemed award recognizes the agency's outstanding achievement in having the highest sales in 2023 with the most growth over the year, solidifying their position as a leader in the travel industry. With

Starship Travel West

The new customer-focused store showcases Xfinity’s and Comcast Business’ innovative technology, provides a convenient location for Kane County residents to address service needs

Carol Gieske

Express Employment Professionals of West Dundee took home honors at the staffing agency’s annual International Leadership Conference (ILC) in Denver, Colorado, according to Terri Greeno, North Kane Express franchisee.

Yesenia Sanchez

Dr. Zachary Goldstein, MD, a Fellowship Trained Orthopedic Surgeon with OrthoIllinois in Elgin, IL recently became one of the first surgeons to perform a lumbar Disc Replacement in the NW suburbs of Chicago using Centinel Spine’s prodisc® L Total Disc Replacement (TDR) technology.

OrthoIllinois

The program was brought to Elgin through the efforts of the Elgin Housing Authority but is open to any qualified young person residing in the Elgin community.

Housing Authority of Elgin

Elgin Symphony Orchestra has unveiled the first in its line-up of extraordinary programming to commemorate the Orchestra’s 75th anniversary. The ESO’s Classics Series was announced today, with subscription sales for the entire six-concert series going on sale Tuesday, Feb. 20.

Elgin Symphony Orchestra

Elgin, IL - The Illinois Water Environment Association has recognized Mayor Dave Kaptain with the 2024 (IWEA) Public Official Award. He will be honored on Monday, March 18 during the IWEA Awards Committee Banquet in East Peoria.

Carol Gieske

Today, Cook County President Toni Preckwinkle joined small-business owners, Business Support Organizations and other partners at The Hatchery to celebrate the distribution of the 2023 Source Grant. The program represents a historic $50 million investment in both city neighborhoods and suburban communities through the Cook County Small Business Source.  “Cook County’s small businesses have faced uncha

Carol Gieske

The School District U-46 Board of Education Monday approved a new four-year contract for more than 2,500 members of the Elgin Teachers Association (ETA).

School District U-46

Check out th erefreshed website at elgindevelopment. com

The Elgin Development Group (EDG), a division of the Elgin Area Chamber (EAC), has officially launched its redesigned website, elgindevelopment.com. The new and inspiring website took months of dedicated work and commitment to become a comprehensive tool kit for new and existing businesses. Terry Gajewski, VP of Operations, and creator behind the website said, “We are thrilled to unveil this revitalized website that serves as a one-stop shop for navigating the business landscape in Elgin.” The new website provides e

Carol Gieske

See t Kane County has been awarded $25 million in funding to improve rail safety near the intersection of Randall Road and Hopps Road on the borders of the City of Elgin and Village of South Elgin. he animated flyover

Carol Gieske

The Elgin Area Chamber of Commerce is pleased to announce its executive committee board leadership and new board members for 2024. The 2024 chamber board chair is ReJena (Jeni) Lyon, Hampton, Lenzini & Renwick, Inc. (HLR); vice chair, membership -Yvonne Irving, KCT Credit Union; chair-elect - Rolando Guerrero, Grand Victoria Casino; past chair - Yaneth Medina, Elgin State Bank & secretary, Carol Gieske, EAC. New board members include Leslie Maloney, Managing Dir, Chase Card Services, & Kerry Klein, President, Flender.

Carol Gieske

The Elgin Area Chamber of Commerce recently celebrated two ribbon cuttings in support of Hampton, Lenzini, and Renwick, Inc. (HLR) in Elgin. HLR is an employee-owned professional services firm in Illinois that specializes in providing high-quality transportation engineering, environmental, and surveying services. It currently has five locations: two in Elgin, plus Crystal Lake, Springfield, and Mt. Carmel.

Carol Gieske

The Governing Board of Directors of Family Service Association of Elgin (FSA) is thrilled to announce that they unanimously voted to appoint Janeth Barba, LCSW as our next Chief Executive Officer (CEO) effective December 30, 2023. The executive search was led by the Executive Committee of the Governing Board of Directors who were seeking a candidate who possesses a broad set of traits such as collaborative, inspirational, strategic mindset, and industry knowledge. They also prioritized candidates who would fit within a

Carol Gieske

Cherry Bekaert has acquired PKF Mueller, a full-service certified public accounting and business advisory firm in the metropolitan Chicago area.

Elgin Area Chamber

The Enhancing Elgin Committee of the Elgin Area Chamber's Elgin Development Group is pleased to recognize people and organizations on October 18 as they present the valuable 2023 Elgin Image Awards. These awards recognize outstanding individuals, businesses, and organizations who are making a powerful difference in the City of Elgin by promoting the positives of why Elgin is a great place to live, work, learn, do business, get involved, visit and enjoy!

Carol Gieske

The International Economic Development Council (IEDC) announces that the Elgin Development Group (EDG), a program of the Elgin Area Chamber of Commerce, has been recognized by IEDC as an Accredited Economic Development Organization (AEDO).

Carol Gieske

John B. Sanfilippo & Son will take over the million-square-foot facility, Treehouse Foods' only remaining manufacturing plant in Minnesota.

Elgin Area Chamber

Superintendent Johnson announces new Cabinet members, school principals for the 2023-24 school year

Tara Burghart

Letter from Raul Anaya, President of Business Banking

Bank of America (Business Banking)

Three siblings. Three generations. And now, three CEOs. If good things come in threes, as the saying goes, Hoffer Plastics, a leading provider of custom injection molding solutions, definitely has a good thing going. The company’s board of directors has promoted Gretchen Hoffer Farb, Charlotte Hoffer Canning and Alex Hoffer to co-CEO’s following their successful sharing of the company’s leadership after taking the helm in January 2020.

Elgin Area Chamber
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