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Illinois leads the nation in innovation growth

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Thursday, February 26, 2015 12:57 PM

innovation-growth

Between 2012 and 2013, research and development spending at Illinois universities grew faster than in any other state. Illinois’ institutions of higher learning spent a record $2.4 billion trying to drive science and engineering innovation.

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Flesor's Candy Kitchen: Sweets from a small town (VIDEO)

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Saturday, February 14, 2015 12:00 AM

Flesors

Flesor’s Candy Kitchen, owned by sisters Ann Flesor-Beck and Devon Flesor-Story, offers customers in their downtown Tuscola location the experience of an old-time confectionary.

While the duo has operated Flesor’s for 10 years, Ann and Devon’s grandfather opened the original Flesor’s kitchen more than one hundred years ago.  

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Moody's: right-to-work, regulations don't affect economic growth

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Friday, February 06, 2015 11:19 AM

moodys-cogfa-012015

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If you like to eat, you should like Illinois

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Thursday, February 05, 2015 11:45 AM

If you like to eat, you should like Illinois

More food passes through the Prairie State than any other state in the nation, according to a new study published by University of Illinois Professor Megan Konar. She contends that Illinois is the most critical hub in US domestic food transportation.

Nearly 20 percent of the food Americans eat moves through Illinois – more than 70 million tons per year. That’s enough to keep everyone who lives in the state eating for five and a half years.

As the Food and Agricultural Roadmap for Illinois partnership points out, Illinois has many unique competitive advantages that have turned it into one of the world’s major food hubs. Its fertile soil means it is one of the top states in corn and soybean production every year, and it is the world’s largest producer of several specialty crops.

The state also ranks first in food processing sales and is home to CME – the world’s leading and most diverse derivatives marketplace.

Another key factor in Illinois’ position as a global food hub is its access to extensive transportation networks, including more than 1,400 miles of navigable waterways, the world’s busiest airport, more than 2,000 miles of interstate highway and every Class 1 railroad that operates in the United States. The partnership is working on a plan to help make sure Illinois holds onto this important economic position in the 21st century.

Illinois-educated YouTube founder reinvests in home state

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Friday, January 23, 2015 05:09 PM

Illinois-educated YouTube founder reinvests in home state

Steve Chen, one of the co-founders of YouTube is helping make sure that Illinois stays at the forefront of education and technology by investing $1 million in the Illinois Math and Science Academy in Aurora.

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More Articles …

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  2. Sergio's Cantina: A small business with big taste (VIDEO)
  3. Gay marriage means big bucks for business
  4. Powering the future: Illinois manufacturer leads the pack (VIDEO)
  5. Steady economic growth seen in IGPA Flash Index
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