Business & Economy
Mr. Calvin N. Hileman joins Raufeisen Development Company. PDF Print E-mail
News Releases - Business & Economy
Written by Susan Shrader   
Monday, 26 November 2012 15:33
Todd Raufeisen of Davenport, Iowa introduced Calvin N. Hileman today as the newest member of the development staff of Raufeisen Development Company. Mr. Hileman will be responsible for leasing and management. Cal comes to Raufeisen Development from Mercy Medical Centers and Clinics where he was in charge of the real estate department based in Cedar Rapids, IA.

He was formerly with Cullinan Properties in Peoria, IL as Vice President of Leasing. He directed the internal and third party leasing activities for Cullinan’s retail properties in Illinois, Texas, and Missouri.

He brings more than 30 years of retail property management and leasing experience and the leasing of more than 1.5 million total square feet of GLA.

Cal was Regional Leasing Director for CBL Properties directing the leasing activities of twelve enclosed malls, fourteen strip centers and more than 11 million square feet of GLA.

As Executive Vice President for Equity Growth Group, he was responsible for management of the property management and leasing company.

As Sr. Vice President for General Growth /Center Companies he was responsible for the leasing and remerchandising of 16 enclosed malls in the East and Midwest.

Cal began his leasing career at The Taubman Company and the leasing of centers including Woodfield Mall, Schaumburg, IL, Columbus City Center in Columbus, OH, The Mall at Short Hills, Short Hills, NJ, Beverly Center, Beverly Hills, CA and Stamford Town Center, Stamford, CT. Major accounts included Melville Corp., Hallmark Cards, Crate & Barrel, Ralph Lauren Polo and Hartmarx.

Raufeisen Development has major mixed use land developments in Iowa, Colorado, Illinois, Iowa and Wisconsin.

Lt. Gov. Reynolds to lead trade mission to Vietnam and the Philippines in February PDF Print E-mail
News Releases - Business & Economy
Written by Office of the Governor of Iowa   
Monday, 26 November 2012 15:30

Trade mission is part of the administration's goal to increase trade opportunities by 20 percent. Interested Iowans are encouraged to participate in the trade mission.

(DES MOINES) – Lieutenant Governor Kim Reynolds will lead a trade mission to Vietnam and the Philippines from February 22 – March 2, 2013. This trade mission will focus on two main components; increasing exports of Iowa pork to Southeast Asia and fostering export opportunities for Iowa manufacturers who are considering development or expansion in the region. The Iowa Economic Development Authority's (IEDA) International Trade Office will assist in coordinating the trip, and interested Iowans are invited to participate in this mission.

"This mission will generate new trading relationships with Vietnam and the Philippines," said Lt. Gov. Reynolds. "Both countries have shown tremendous economic growth and continue to be open to new business opportunities – it makes sense for us to have a presence there and I am pleased to be leading this effort."

"Vietnam and the Philippines are burgeoning markets for Iowa businesses, especially when it comes to pork products and manufacturing," said Gov. Branstad. “Trade missions like this one open Iowa companies up to new growth opportunities in expanding markets outside of the United States."

Visits to Hanoi, Ho Chi Minh City and Manila are part of the Iowa delegation's itinerary.  The trade mission’s agenda will include meetings with senior government officials, prospective industry association leaders and events promoting Iowa to potential economic partners. Iowa companies will participate in meetings specific to their market entry or expansion needs.

Additional information on this trade mission can be found at: The deadline for application is December 15, 2012.


Governor Quinn Encourages Consumers to Support Illinois’ Small Businesses this Holiday Season PDF Print E-mail
News Releases - Business & Economy
Written by Ryan C. Woods   
Monday, 26 November 2012 15:24

CHICAGO – November 23, 2012. Governor Pat Quinn today encouraged shoppers to use the Saturday after Thanksgiving, Nov. 24, to support Illinois’ more than 1.1 million small businesses. Nationally, the Saturday between "Black Friday" and “Cyber Monday” – traditionally two of the busiest shopping days of the year – is recognized as Small Business Saturday where consumers around the country are encouraged to shop at small businesses. In recognition of the effort, Governor Quinn today proclaimed Saturday, Nov. 24 as "Small Business Saturday" in Illinois.

“Small businesses are the backbone of the state’s economy and we want to see them flourish,” said Governor Quinn. “Through efforts like Small Business Saturday, we can show our support for local merchants that are contributing to our local economies, helping put people to work and keeping our economy moving forward.”

Small business success is critical to Illinois’ and the nation's overall economy. According to the U.S. Small Business Administration, there are approximately 28 million small businesses in the United States, which have created 65 percent of new jobs over the past two decades. For every $100 spent in locally-owned, independent stores, $68 returns to the community through taxes, payroll and other expenditures, according to the 3/50 Project, a small business advocacy group.

Recognizing the vital role entrepreneurs and small businesses play in Illinois’ economic recovery, Governor Quinn has made supporting these businesses a top priority. The Governor recently extended the Small Business Job Creation Tax Credit Program, which allows eligible small businesses that create one or more new, full-time position to receive a $2,500 per job tax credit. Governor Quinn also launched Advantage Illinois, a new program for small businesses to access capital, thanks to more than $78 million from the federal State Small Business Credit Initiative (SSBCI). Advantage Illinois consists of three programs to spur institutional lending to small businesses and one program to leverage private venture capital in start-ups and high-growth businesses.

For more information on the state’s small business resources, visit A copy of the Governor’s proclamation is attached.


Governor Quinn Announces Commerce Director PDF Print E-mail
News Releases - Business & Economy
Written by Ryan C. Woods   
Monday, 26 November 2012 14:26
Pollet to Lead Illinois Department of Commerce and Economic Opportunity

CHICAGO – Wednesday, November 21, 2012. Governor Pat Quinn announced the appointment of Adam Pollet as acting director of the Department of Commerce and Economic Opportunity (DCEO), effective Monday.

Pollet is an international trade expert with broad business experience across both the public and private sectors. In his new post, he will lead the state’s economic development arm and implement Governor Quinn’s vision to create jobs, double exports and expand the state’s global economy.  Pollet succeeds David Vaught, who is retiring from full-time employment with the state.

“I am pleased to announce the appointment of Adam Pollet to lead the state’s commerce department and bolster the Illinois economy in the global marketplace,” said Governor Quinn. “I also want to thank my longtime friend and advisor David Vaught for his service to the state. During the past four years as head of the budget office and DCEO, Vaught has worked tirelessly to lay the foundation for fiscal stability and economic growth in our state.”

Pollet, 34, was most recently deputy director for the Illinois Office of Trade and Investment within DCEO, where he led the state’s export and foreign direct investment activities. Before joining the state in 2011, Pollet worked in the Chicago office of the management consulting firm McKinsey & Co. where he served client companies in the firm’s strategy and operations practices. While at McKinsey, Pollet concentrated on the energy, transport, logistics and automotive sectors.

A graduate of Harvard Law School, Pollet previously worked for the United Nations focusing on trade facilitation, poverty reduction, and environmental protection initiatives. At the U.N., he implemented a World Bank-funded project to promote trade and increase government revenue in Afghanistan and oversaw large-scale infrastructure projects in that country, as well.

Pollet earned his undergraduate degree at Stanford University, where he studied international relations.

Vaught, 65, has served as a top aide to Governor Quinn since 2009. He was director of the Governor’s Office of Management and Budget for three years and most recently director of DCEO. In the 1990s, Vaught also served in the Office of Illinois Treasurer Pat Quinn.

Prior to his state service, Vaught was Managing Director for Mitchell Vaught & Taylor Inc. investment advisors. Vaught is a graduate of the Southern Illinois University School of Law, and the U.S. Military Academy at West Point where he studied engineering. He also served in the U.S. Army’s 82nd Airborne Division.


Great Holiday savings are at Book World! PDF Print E-mail
News Releases - Business & Economy
Written by Book World   
Monday, 26 November 2012 14:07

Your Local Store and So Much More!

at Southpark Mall - 4500 16th St, Moline, Illinois

Visit us online at and on Facebook

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