Community Banking Thrives at 5-Star First National Bank and Trust

Beloit, WI, December 29, 2014 – First National Bank and Trust Company (FNBT) is proud to announce it has earned BauerFinancial’s 5-Star Superior rating for strength and security, proof positive that you don’t have to be the biggest to be the best. BauerFinancial Inc., Coral Gables, Florida, the nation’s bank rating firm, has been evaluating […]

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Walgreen fiscal 1Q profit jumps 16 percent, tops forecasts

Stronger sales from established stores helped Walgreen trump analyst expectations for its fiscal first quarter, and the nation’s largest drugstore chain said its acquisition of European health and beauty retailer Alliance Boots remains on track to close later this month. Shares of the Deerfield, Illinois, company started climbing early Tuesday morning, shortly after it released […]

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Plant to bring 140 new jobs

By Shaun Zinck szinck@beloitdailynews.com | Posted: Saturday, December 20, 2014 10:00 am A large national manufacturer is planning to open a facility in Beloit that could create up to 140 new jobs for the city. Georgia-based Pratt Industries will construct a 350,000 square-foot plant on 56 acres of land in Beloit’s Gateway Business District. The […]

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Illinois farm groups foresee market growth in Cuba

BLOOMINGTON, Ill. (AP) — Illinois farm groups are looking to Cuba as a growing market for corn, soybeans, pork and other products the state produces, and they see the state’s access to rail and river transportation as an advantage to trade with the Caribbean island nation of 11 million consumers. The thaw in relations between […]

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District sells Gateway Business Park land

By Hillary Gavan hgavan@beloitdailynews.com | 8 comments The School District of Beloit has sold its land in the Gateway Business Park. The Board of Education voted to approve the sale of the property at 1401 Town Hall Road at its Tuesday evening special meeting. Two plots at 26.85 acres each were sold to two buyers, […]

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Wisconsin ranks 32nd in private-sector job growth

MADISON, Wis. (AP) — Wisconsin ranks 32nd in private-sector job growth and lags behind the national average for the 12-month period that ended in June, according to the latest figures released Thursday by the U.S. Bureau of Labor Statistics. The numbers are consistent with where Wisconsin has ranked in recent years. The measurement is based […]

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Illinois jobless rate falls to 6.4 percent

CHICAGO (AP) — The Illinois Department of Employment Security says the state’s unemployment rate fell in November to its lowest level since June 2008, hitting 6.4 percent. The department said Thursday in its monthly report on the state’s jobs picture that the rate fell even though more of the state’s unemployed were seeking work. Unemployment […]

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Caterpillar sees Cuba relations as an opportunity

PEORIA, Ill. (AP) — Caterpillar Inc. sees President Barack Obama’s change in U.S. policy toward Cuba as a potential business opportunity. Bill Lane is the Peoria-based heavy equipment-maker’s global government affairs director. He says the president’s decision to establish diplomatic ties with the island nation is an important step. Lane says that if longstanding trade […]

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Granite Peak owner proposing $50M expansion

WAUSAU, Wis. (AP) — The owner of Granite Peak in Rib Mountain State Park is proposing a $50 million expansion that would add lodging and more than a dozen new ski runs to the grounds. Charles Skinner wants to expand the leased portion of the ski area from 415 acres to 565 acres to add […]

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CIty buys building at Big Hill

By Shaun Zinck szinck@beloitdailynews.com Beloit city councilors voted Monday night to purchase the Girl Scouts building located at Big Hill Park. The building was constructed on city-owned property through a 99-year lease the city and the Girl Scouts Badgerland Council entered into in 1997. The Girl Scouts offered to sell the building — valued around […]

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