Cat chairman attends White House ceremony
- Details
- Published on Friday, 21 October 2011 17:12
- Written by Paul Gordon
Caterpillar Inc. was one of the chief corporations pushing for the recently signed free trade agreements between the United States and Colombia, Panama and South Korea. It was perhaps fitting, then, that the Peoria-based company was part of the signing ceremony at the White House on Friday.
Doug Oberhelman, chairman of Caterpillar, was among a select group invited to see President Barack Obama sign the free trade agreements into law during...
New financing tool available for area business
- Details
- Published on Thursday, 13 October 2011 13:50
- Written by The Peorian
Businesses in the Peoria area have a new funding resource to tap into.
The Heartland Partnership on Thursday announced the Tri-County River Valley Development Authority (TCRVDA) is now operating and has authority to issue up to $100 million in bonds for economic development and is a general development tool for Peoria, Tazewell and Woodford counties.
Forget the bear! Pass the rolls!
- Details
- Published on Wednesday, 07 September 2011 00:00
- Written by Paul Gordon
Former Jumer's Castle Lodge now a senior living center
Take a walk through the familiar Bavarian-style building at Western and Moss avenues today and you will not find the famous black bear.
But you can still get those cinnamon rolls, if you know the right person.
The former Jumer's Castle Lodge is now Courtyard Estates of Peoria, billed as a "supportive living community" for seniors that has now...
Caterpillar maintains dividend rate
- Details
- Published on Wednesday, 12 October 2011 16:20
- Written by The Peorian
Caterpillar maintains dividend rate
Caterpillar Inc. directors voted Wednesday to maintain its quarterly cash dividend at 46 cents a share — the 312th consecutive quarter the company has paid a dividend.
This dividend if payable Nov. 19 to holders of common stock at the close of business on Oct. 24, the company said...
Kizer Party of Four
- Details
- Published on Thursday, 01 September 2011 16:51
- Written by Kevin Kizer
"Kizer: Party of Four" is the Peorian's take on restaurant reviews. Kevin Kizer, a columnist for The Peorian, and three other diners will visit local restaurants and, instead of ordering off the menu, will ask each chef to put together a three-course menu for the diners.
The idea is to give your restaurant the opportunity to put its best, most-creative foot forward. Along with Kevin, there may be a unifying theme behind who the other...
Pere Marquette project 'moving in right direction'
- Details
- Published on Thursday, 29 September 2011 00:00
- Written by Paul Gordon
New redevelopment agreement being negotiated; vote likely in October
With the threat of his project being terminated now gone, Gary Matthews said he is anxious to move forward in redeveloping the Hotel Pere Marquette and the area surrounding...
Pere Marquette/Marriott project moves forward (4)
- Details
- Published on Wednesday, 24 August 2011 00:00
- Written by Paul Gordon
Matthews says contracts shows commitment remains strong
The developer of the Pere Marquette/Marriott Courtyard hotel project said Wednesday that Marriott International Inc. is ready to do up to a half-century of business in downtown Peoria that will bring...
Rusch named Athena Award winner
- Details
- Published on Tuesday, 20 September 2011 17:26
- Written by The Peorian
Dr. Sara Rusch, the first female Regional Dean in the University of Illinois College of Medicine system, was named the winner of the 2011 Athena Award presented by the Peoria Area Chamber of Commerce.
Rusch was chairwoman of the college's Department of Medicine for 15 years at the College of Medicine in Peoria.
Convention and Visitors Bureau reaching new pinnacles
- Details
- Published on Monday, 22 August 2011 15:52
- Written by Paul Gordon
The Peoria Area Convention and Visitors Bureau has been awarded one of the industry's most prestigious award at the same time it received accreditation only a relatively few similar organizations receive.
And the two combined could bode well for future convention prospects in Peoria, particularly as new and improved downtown hotel space becomes available, said Bob Marx, CEO of the PACVB.
The bureau was recently named winner of...
Cat to invest $200 million in East Peoria plant
- Details
- Published on Friday, 16 September 2011 11:34
- Written by Paul Gordon
Caterpillar Inc. is going to spend $200 million to modernize one of its East Peoria plants, the company said Friday.
Caterpillar officials said modernizing its undercarriage components plant will position the company to meet expected demand for the components and undercarriage assemblies that are used in medium-size and large track-type tractors.
Vrooom! Vrooom!
- Details
- Published on Wednesday, 17 August 2011 00:00
- Written by Paul Gordon
63rd Annual Peoria Grand National TT headlines a big weekend
The familiar and loud Vroom! Vroom! that can belong only to motorcycles will permeate the air surrounding Peoria this weekend for the 63rd annual Grand National TT Races at the Peoria Motorcycle Club race park in Bartonville.
The motorcycle races will culminate a busy...
Oberhelman interview enlightening, alarming
- Details
- Published on Wednesday, 14 September 2011 17:01
- Written by Paul Gordon
One thing I have always liked about Caterpillar Inc. chief executives is that they are not afraid to speak their minds. Of course, why should they be?
Still, it was refreshing to watch Doug Oberhleman's interview Tuesday on CBS news, particularly when he said what he believes is missing in Washington is honesty and that any politician who says there will be no new taxes or budget cuts to get the economy moving forward again doesn't deserve...
Focus on the Future
- Details
- Published on Wednesday, 10 August 2011 00:00
- Written by Paul Gordon
Road construction pains eventually turn to gains
Eric Brinker expects that by mid-November cheers will replace jeers regarding the reconstruction of the intersection of University Street and Glen Avenue, as traffic moves easily and safely when the holiday shopping season gets into full throttle.
Brinker, president of the Metro Centre and a positive thinker, said he...
Community shouldn't be cheated by Pere Marquette situation
- Details
- Published on Wednesday, 07 September 2011 18:15
- Written by Paul Gordon
I cannot help but feel somehow cheated by what is going on with the Hotel Pere Marquette/Marriott Courtyard project. What worries me most is that the community is going to end up cheated.
From what I hear from people I've talked with, they are worried about that, too. Public perception is that this is getting uglier by the day.
Before I go further let me emphasize The Peorian is not taking an editorial stand on the project itself....
