Business and Tech
HANNIBAL, Mo. — Corey Mehaffy, executive director of the Hannibal Regional Economic Development Council, recently announced that HOMEBANK is the latest organization to buy stock in the Hannibal Industrial Development Company. Established in 1952, the HIDC Revolving Loan Fund is designed to provide gap financing to new or expanding businesses, which will induce participation from…
Read Full Article QUINCY — Bank of Springfield, 220 N. 48th and 1111 Maine, is organizing a winter clothing drive for QUANADA (Quincy Area Network Against Domestic Abuse). People are asked to drop off donations of new or lightly used coats, gloves, hats, scarves and winter clothing at either bank location. Donations will be accepted through Dec. 1.…
Read Full Article QUINCY — Curtis Sethaler and Jarid Jones, owners of the Quincy Axe Company, recently acquired the building at 625 Maine that houses Quincy Axe Company, Crush Salon, Electric Fountain Brewing and the JustTasking office. The building now will be known as the Experience Quincy building. “Jarid and I told each other we would do all…
Read Full Article HANNIBAL, Mo. — Five local entrepreneurs and small business owners put their business plans on display to the public at the first SparkNIGHT event on Sept. 13 at the Rialto in downtown Hannibal. The night started with a one-hour trade show environment where the participating entrepreneurs informally presented their business plans to investors. For the…
Read Full Article QUINCY — Quincy Medical Group has added a diagnostic innovation known as the prostate-specific membrane antigen or PSMA PET scan that enables more precise detection of prostate cancer, leading to improved treatment for men. September is Prostate Cancer Awareness Month. Other than skin cancer, prostate cancer is the most common cancer in American men. The…
Read Full Article QUINCY — A list of 56 stores that Bed Bath & Beyond plans to close does not include the Quincy store at 5110 Broadway. As the home goods chain continues to face financial uncertainty, Bed Bath & Beyond announced plans in August to close 150 namesake stores and cut its workforce by about 20 percent.…
Read Full Article MOUNT STERLING, Ill. — Dot Transportation, Inc., the trucking affiliate of Dot Foods, Inc., North America’s largest food industry redistributor, has been selected as one of the “World’s Greatest!…” in the trucking industry. It will be featured on the award-winning, national television show at 2:30 p.m. Saturday, Sept. 17, and Saturday, Sept. 24 on the Bloomberg network. “We…
Read Full Article INGERSOLL, Ontario — Dot Foods Canada Inc., a subsidiary of Dot Foods, Inc., the largest food industry redistributor in North America, Thursday marked the official groundbreaking of the company’s new distribution center in Ingersoll, Ontario. Dot is making a $50 million Canadian dollars investment with the new 168,875 square-foot facility at 100 Ken McKee Street. The Ingersoll distribution center…
Read Full Article QUINCY — First Bankers Trust Company, N.A., a wholly-owned subsidiary of First Bankers Trustshares, Inc., recently announced the launch of MHC Funding, a division specializing in the financing of mobile home communities. First Bankers Trust Company’s experience in this type of lending allows for efficient processes that will streamline the purchase and operation of quality…
Read Full Article QUINCY — Kohl Wholesale in Quincy recently awarded seven $500 scholarships to students throughits “Kohl Kares” scholarship program. The recipients were: Brianna and Abigail Barnes, daughters of Kohl employee Brian Barnes; Clayton and Carly Meyer, son and daughter of Kohl employee Curt Meyer; Madelynn and Caleb Schinderling, daughter and son of Kohl employee Jon Schinderling;…
Read Full Article Portillo’s, a hot dog and Italian beef restaurant brand synonymous with Chicago and Illinois, is focusing their expansion on out-of-state locations that treat businesses better. For new locations, CEO Michael Osanloo said Arizona, Florida and Texas will make up “at least the majority – if not the vast majority.” One of the reasons Osanloo cited is declining population in…
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