Soon DCEDC will have a new address: 2179 Sycamore Road, Unit #102, DeKalb, IL. Paul Borek, the executive director, described the new location, in the Brookview Terrace building, as a prime spot for access to both DeKalb and Sycamore residents, with optimal distance from Interstate-88, as well as Route 23.
DCEDC has been extremely fortunate to reside in the current location at 421 North California Street, Building 1B, 2nd Floor, Sycamore, IL for more than 30 years, thanks to the generosity and support of our longtime board member, Bob Boey and his lovely wife, Doris Boey-owners of the Sycamore Industrial Park/SIPA. We hope to reach out to all our markets and key partners from a more prominent central location and adhere fervently to our goal of attracting investment, expanding the economy and creating jobs in DeKalb County.
We are grateful for any support from our partners to our relocation as our Plus 10% Fundraising Campaign is currently underway. We want to express our sincere appreciation to those who have already given, and encourage those who have not, to be as generous as they can. Tax deductible donations can be made at https://dcedc.org/members-area/ or mailed to our office. If you have any questions, please feel free to contact us at 815-895-2711.

More detailed report

Date posted: April 16, 2019 | Author: | Comments Off on New move: DCEDC relocation scheduled to be completed in May

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates

DCEDC Member, Southmoor Estates, manages affordable housing development on the south side of DeKalb and offers unique benefits to their customers through their smart approach. Made up entirely of manufactured homes, the development is recognizable for its well-maintained streets, neatly kept yards, and bright, solid built, one-story homes at 1032 S. Seventh Street. Incorporating some positive elements of retirement communities, Southmoor could integrate the economies of scale of manufactured homes and the concept of site renting to their move-in ready houses to maintain a good quality and a relative low price for homebuyers. In addition, they also boast for contracted yardwork and landscaping, neighborhood integrity, on-site management, in-house maintenance, a beautiful common room, family operation and close relationship among people built in community events.
Thanks to Southmoor for contributing to build a diversified and well-maintained community in DeKalb!
Southmoor Article

Date posted: April 16, 2019 | Author: | Comments Off on Solid Homes in a Great Neighborhood at a Great Price

Categories: DCEDC & Member Organizations Local Development News

Heartland Bank and Trust Company, through their philanthropic and creative ways, gives back!  Recently, the bank donated more than $2,000 to area schools through the Score with Heartland Bank program.  The donated funds were raised by giving $1 for each free throw made at a high school varsity home boys and girls basketball game during the regular and postseason.

Theresa Jennings, retail support manager, said in a news release that they want to financially support local schools and create additional excitement.  Donations this season were presented to local schools including Plano, Newark, Somonauk and Sandwich high schools.

Heartland Bank and Trust Company is an independently owned community bank with assets of $3 billion.  The bank has the headquarter in Bloomington and offices in communities throughout Illinois.

DCEDC applauds Heartland Bank & Trust Company for their strong show of support throughout DeKalb County.

Date posted: March 26, 2019 | Author: | Comments Off on Heartland Bank donates more than $2,000 to area schools

Categories: DCEDC & Member Organizations Local Development News

DCEDC’s partner MorningStar Media will have a new home and another business to add to their list of successes.  Ryan and Karen Weckerly of MorningStar Media Group, LLC, currently located at 240 E. Sycamore Street, will be moving their business to the former Knoodles Appliance Store on the 200 block of South California Street and opening a new coffee shop, too.  Sycamore City Council granted them $5,000 for Downtown Façade improvement.  In the coming months, the building will undergo a full interior renovation and exterior improvements, including a new roof, façade, awnings, lighting, paint and windows.  Brian Gregory, Sycamore city manager, welcomed the move as it helps extend the thriving downtown area.

DCEDC appreciates the significant investments made to the City of Sycamore and DeKalb County, Illinois, by MorningStar Media Group.  Congratulations!

More detailed report about the move.

Date posted: March 21, 2019 | Author: | Comments Off on MorningStar Media Group, LLC is on the move to downtown Sycamore; owners to establish coffee shop

Categories: DCEDC & Member Organizations Local Development News

Locally owned-operated in Sycamore IL for over 100 years, manufacturing giant, innovative electrical firm and founding member of DCEDC, IDEAL INDUSTRIES, INC., has announced its most recent acquisition: Durham, North Carolina, and Racine, Wisconsin-based Cree Lighting, an ancillary company of Cree Inc., for $310 million, on March 15th.

This marked another page in the books for IDEAL’s holding companies. Including Cree, the company now has 20 branded operating units under the IDEAL flag.  With strong ties to the electrical industry, the firm also has operations in construction, aerospace and automotive industries.  Jim James, chairman and chief executive officer of IDEAL INDUSTRIES, INC,  believes that the global commercial lighting market is nearing a transformational phase.

With Cree Lighting, whose products are found in electric vehicles, fast-charging inverters, power supplies, and telecom, military and aerospace devices, IDEAL INDUSTRIES will be actively working on solutions that are smart, sustainable and human for building owners, architects and engineers.

IDEAL’S acquisition is another example of the high degree of innovation that takes place by our DeKalb County businesses.

Congratulations, IDEAL INDUSTRIES, INC!

More detailed report on the acquisition.

Continue reading IDEAL INDUSTRIES, INC. acquires Cree Lighting for $310M

Date posted: March 21, 2019 | Author: | Comments Off on IDEAL INDUSTRIES, INC. acquires Cree Lighting for $310M

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates

Since its 100th anniversary in 2001, to commemorate that anniversary, Resource Bank, N.A. has offered the Centennial Service Award scholarship to graduating high school seniors. Up to ten $1,000 scholarships will be awarded to students who have been highly involved in volunteer work and community service during high school.

Thank you Resource Bank, N.A. for your significant investments throughout DeKalb County and supporting our future leaders with your scholarships.

Link to More Detailed Report

Date posted: March 12, 2019 | Author: | Comments Off on Resource Bank, N.A. offers scholarship

Categories: DCEDC & Member Organizations Local Development News

The sixth annual “Assemble ur Career Tour” was held on Thursday, February 28th. Hosted by the DeKalb/Ogle Workforce Development Consortium, this year’s tour had students from DeKalb High School touring Custom Aluminum and J6 Polymers in Genoa, students from Genoa-Kingston High School touring SK Hand Tools and Tate and Lyle in Sycamore and Sycamore High School students heading to Alexander Lumber and Millwork and Target Upstream Distribution Center in DeKalb. Sixty-two students participated in the tour, which culminated at the Northern Illinois University’s Engineering Building with department tours and lunch.

More Detailed Report on Assemble ur Career Tour

Date posted: March 7, 2019 | Author: | Comments Off on “Assemble ur Career Tour” successfully held on February 28th

Categories: DCEDC & Member Organizations Local Development News

The Greater Kirkland Area Chamber of Commerce is seeking nominations for the Kirkland Citizen of the Year.
The nominee should be someone who has performed some significant public service, fostered pride in the community and/or made a lasting contribution to the quality of life in the area served by the chamber, which is equivalent to the Hiawatha School District boundaries. The nominee does not need to live in the area, provided he or she has been active in the community.

Nominations is due by Friday, April 26, 2019.

More informaton on Kirkland Citizen of the Year 2019

Date posted: March 7, 2019 | Author: | Comments Off on Seeking Nominations for Kirkland’s “Citizen of the Year”

Categories: DCEDC & Member Organizations Local Development News

This scholarship will be given to a graduating Senior from Hiawatha High School who is interested in pursuing an education in accounting, business, marketing, sales and/or technology through a two-year associate program or a four-year degree program.
Scholarship will be paid in one installment at the time of High School graduation and determination of successful enrollment in a training program to start in the Fall of 2019 Academic year.

Submit Completed Scholarship Application to High School Counselor on or before Thursday, April 26, 2019.

Application Form of Greater Kirkland Chamber Scholarship 2019

Date posted: March 7, 2019 | Author: | Comments Off on Apply for Greater Kirkland Area Chamber Scholarship

Categories: DCEDC & Member Organizations Local Development News

The Cornerstone DeKalb and Plaza DeKalb buildings on 124 E. Lincoln Highway are set for an early May opening. Pappas Development, the owner, is a known name in Dekalb and Sycamore and a locally invested family business founded by a second-generation immigrant. Now they are enthusiastic in re-energizing the downtown with their high-end, multi-mixed tavern of both residential and commercial spaces to meet the changed life style.

Pappas Development Tavern on Main

Date posted: March 6, 2019 | Author: | Comments Off on Pappas Development’ Tavern Set to Open in Early May to Boost the Downtown

Categories: DCEDC & Member Organizations Local Development News Regional Economic Updates