AGP Executive Report
Last update: 9 hours agoSmall-Business Growth: Two University of Illinois sophomores launched I Bagels, a delivery service that drew about 45 orders in its first week. A Sandwich-area HVAC company is also prioritizing profitability, staff development and sustainable growth. Commercial Real Estate: Zara founder Amancio Ortega bought a 51-story Chicago office tower for $550 million, a major deal for the city’s office market. Energy Investment: Illinois tax credits nearly erase the $3 million cost of a commercial battery project, while packaging company CuBE is investing more than $30 million to expand an Illinois plant. Household Costs: Get Covered Illinois marketplace rates are set to rise 14.1% in 2027; Nicor received approval for an $81 million rate increase after regulators trimmed its request by $139 million. Jobs and Regional Links: Illinois’ unemployment rate fell to 4.6%, and a $218 million federal grant will advance passenger rail service linking Chicago with Madison and other Wisconsin cities.
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