Caterpillar profit lower; company revises outlook
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- Published on Monday, 22 April 2013 15:33
- Written by Paul Gordon
As it had predicted three months ago, Caterpillar Inc. said Monday that its first quarter was a challenge and, with a weak mining industry as the culprit, it expects that the remainder of 2013 will be, as well.
That said, the company did report a profit in the first quarter, albeit just above half that recorded a year earlier,...
OSF Healthcare joins Mayo Clinic network
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- Published on Thursday, 18 April 2013 17:40
- Written by Paul Gordon
OSF Healthcare System, already one of the nation's largest and strongest health care networks, got even stronger Friday when it became part of the Mayo Clinic Care Network.
Becoming only the 16th member of the network will enable physicians in the OSF system, including OSF Saint Francis Medical Center, to work with the expert physicians at the world-renowned Mayo Clinic to bring patients the best possible care and treatment for whatever...
Warehouse District gets an official kickoff
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- Published on Friday, 08 March 2013 15:56
- Written by Paul Gordon
For more than a decade city officials have talked about wanting to convert a section of downtown where old, dilapidated buildings stand into a warehouse district.
Slowly but surely it has been happening, largely due to the efforts of businessmen like Pat Sullivan and developers like...
Bustos to launch job shadowing program
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- Published on Thursday, 18 April 2013 17:37
- Written by Paul Gordon
Congresswoman Cheri Bustos won't learn Friday what brown can do for her; rather, what she can do for brown.
Bustos announced Thursday she is launching a new program through which she can learn the concerns and needs of everyday working people in her 17th District, which covers much of west-central Illinois, by spending...
Pere Marquette likely to open by end of June
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- Published on Thursday, 07 March 2013 16:50
- Written by Paul Gordon
Friday marks a milestone in the Hotel Pere Marquette/Marriott Courtyard project with the opening of the first structure of the multi-million dollar project.
It isn't the structure local officials originally hoped would be opened by the time March Madness 2013 hit downtown Peoria, but it still...
Methodist Medical Center now called UnityPoint Health
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- Published on Tuesday, 16 April 2013 15:27
- Written by The Peorian
Methodist Medical Center has a new name, UnityPoint Health – Methodist, and leadership of the system to which it belongs promised Tuesday that what is already top-notch healthcare will get even better.
That healthcare system changed its name from Iowa Health System, parent of Methodist since 2011, to UnityPoint Health to reflect...
OSF to acquire certain Proctor assets, including First Care centers
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- Published on Wednesday, 27 February 2013 17:11
- Written by Paul Gordon
OSF HealthCare has acquired all of the Proctor First Care offices and other assets of Proctor Hospital, increasing the size of its Peoria holdings, the companies announced on Wednesday.
Expected to be completed by the end of March, the transaction will not affect the quality of care or the delivery of care to patients of Proctor...
Caterpillar maintains dividend rate
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- Published on Thursday, 11 April 2013 17:19
- Written by The Peorian
The Board of Directors of Caterpillar Inc. voted this week to maintain the quarterly cash dividend of 52 cents per share of common stock, the company announced Wednesday. The dividend will be payable May 20, 2013, to stockholders of record at the close of business, April 22, 2013.
"We had a record year in 2012 and I...
MacKay accepts permanent CEO position at Heartland Partnership
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- Published on Monday, 25 February 2013 10:18
- Written by Paul Gordon
Cal MacKay will remain with The Heartland Partnership as its permanent CEO, the organization announced on Monday. The move is effective immediately.
MacKay, former chief financial officer of Methodist Medical Center, had been acting CEO since last August, when he was named to that position after the resignation of Jim McConoughey.
Mark Spenny, chairman of The Heartland Partnership board of directors, said MacKay has been...
Bustos introduces American jobs bill in Congress
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- Published on Thursday, 11 April 2013 17:15
- Written by Paul Gordon
Saying creating and maintaining manufacturers remains one of the country's most pressing economic issues, U.S. Rep. Cheri Bustos introduced legislation in Congress on Wednesday to try and ensure the issue is a focus of future federal contracts.
Bustos, the first-term Democrat from East Moline whose 17th District includes much of west-central Illinois and Peoria, said the American Jobs Matter Act is "a common sense bill to boost manufacturing...
Homeway Homes wins top ActOnEnergy award
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- Published on Sunday, 24 February 2013 14:37
- Written by Paul Gordon
From the time Homeway Homes started in business in 2005 it has been committed to building energy efficient houses able to stand the test of time.
It was rewarded for that commitment on Saturday with the first Outstanding Program Ally award for Ameren Corp.'s ActOnEnergy program. The award was presented outside...
Central Illinois Auto Show opens Friday
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- Published on Wednesday, 03 April 2013 16:57
- Written by Paul Gordon
Ah, spring. The time when every man's fancy turns to love, baseball, golf and the Central Illinois Auto Show.
At least that's what Rod Dixon is hoping for. As president of the Peoria Metro New Cars Dealers Association, he would like to see 40,000-plus turn out for the 24th Annual Central Illinois Auto Show, which opens Friday at noon at the Peoria Civic Center.
"That is one of the great things about the timing of our show. Sure,...
Bustos tours Ag Lab; expressed budget concerns
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- Published on Wednesday, 20 February 2013 17:51
- Written by Paul Gordon
U.S. Rep. Cheri Bustos would have liked to give certainty to her constituents and their businesses while touring the 17th Congressional District the past week or so.
But she could not and that has the Democrat from East Moline unhappy, she said Wednesday after touring the Peoria Ag Lab to see what happens there and learn it...
Staying put: Blain's Farm & Fleet to build new store in Morton
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- Published on Tuesday, 02 April 2013 17:08
- Written by Paul Gordon
After considering relocating, Blain's Farm & Fleet instead has decided to build a new, larger store in Morton, where it has become a central Illinois institution.
The Janesville, Wis.-based company said Tuesday it will build a 127,000 square-foot store on property it acquired at the intersection of Courtland Avenue and North...
Ameren sustains huge loss in 2012
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- Published on Wednesday, 20 February 2013 17:01
- Written by The Peorian
Ameren Corp., parent company of Peoria-based Ameren Illinois, sustained a loss of nearly $1 billion in 2012 because of several factors, including lower natural gas revenues because of last winter's mild weather.
The loss for St. Louis-based Ameren, which provides utilities for a large portion of Illinois, was $974 million,...
Succeeding: Dress For Success program reaches 2,000 clients
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- Published on Monday, 01 April 2013 17:16
- Written by Paul Gordon
Despite earning a graduate degree from Illinois State University, job hunting hasn't been easy for Nadia Lam.
That's why the 42-year-old woman who is gearing up for an interview at Bradley University turned to the Dress For Success program through Peoria's Friendship...
Residential building permits up 63% in 2012
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- Published on Monday, 18 February 2013 16:50
- Written by Paul Gordon
For the first time in five years, or since the recession started, the number of residential building permits in the city of Peoria surpassed 200 in 2012, according to the Peoria City Manager's office.
There were 212 residential building permits issued last year worth a total valuation of $52.2 million. That was a...
Quality Quest for Health to partner with other organizations to focus on community health
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- Published on Thursday, 28 March 2013 14:40
- Written by The Peorian
Noting that improvements are needed in getting the Peoria area healthy, Quality Quest for Health is partnering with the Peoria City-County Health Department and the Heart of Illinois United Way to work toward that goal, the collaborative announced.
Shifting its strategic focus toward community and population health,...
Cat to fund shark research
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- Published on Thursday, 14 February 2013 18:13
- Written by Paul Gordon
Caterpillar Inc. said Thursday it plans to help a research company in its efforts to improve the sustainability of one of the ocean's most dangerous and perhaps mysterious creatures, the shark.
Caterpillar and OCEARCH agreed to a three-year partnership that will help the organization in its global research on sharks. Under the agreement...
Washington Street to close for construction
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- Published on Monday, 11 March 2013 15:40
- Written by The Peorian
A portion of Washington Street in downtown Peoria will close Tuesday morning for about nine months for reconstruction as part of the Warehouse District project, the City of Peoria announced Monday.
Beginning Tuesday at 7 a.m., Washington Street from State Street to Liberty Street will be closed in both directions and the closure is expected to last until Dec. 15, 2013, the city said.
City, state and federal officials broke...
Making way for the Marriott
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- Published on Friday, 08 February 2013 16:12
- Written by Paul Gordon
A piece of Peoria history started coming down on Friday, making way for a new piece as downtown development kicked into a higher gear with the crunch of a Caterpillar Inc. excavator bucket.
The person most responsible for that new piece being developed got to deliver that crunch, smiling all the way.
The building that...
