October 2006

Vol. 1, Issue 3

Montgomery Economic Development Corporation

Save the Dates

Business Round Table:

November 21, 2006
Jason's Steakhouse 11am - 1pm

Holiday Open House:

December 19, 2006
MEDC Office 11am - 1pm

Most Young People Entering The U.S. Workforce Lack Critical Skills Essential For Success. As the baby boom generation slowly exits the U.S. Workplace, a new survey of leaders from a consortium of business research organizations finds the incoming generation sorely lacking in much needed workplace skills - both basic academic and more advanced "applied" skills, according to a report released today (Oct 2, 2006)… "The future workforce is here, and it is ill-prepared," concluded the report…

Tax Tip For Businesses... Here's a tax tip: Don't pay any! Well, not exactly, however, the National Association for the Exchange of Industrial Resources (NAEIR, Galesburg, IL) has some tips even tax experts are not aware of: Donating excess inventory to charitable organizations-read on…

Americans Trade Home-Cooked Meals for Restaurants. For not that much more, Americans are opting to eat out. By the time he's driven to the farmer's market, bought the organic veggies and spent an hour of time cooking a meal for himself and his wife, Mark Chernesky figures he's spent $30…

Manufacturing Technology Consumption Up 22.3% in 2006. The central region spent the most… out of a total of $300.15 million in August 2006…

Wal-Mart to Step Up $4 Generic Rollout...

Manufacturing Sheds 19,000 Jobs in September... most of these jobs came in wood products, non-metallic mineral products and furniture-industries related to home building… overall non-farm sector jobs added 120,000 jobs in September.

Small Business Development Center (SBDC) at Waubonsee Community College worth looking into…

Funding Alert-Illinois Technology Development Alliance... The Funding Alert is a list of funding opportunities offered by the federal government, foundations and other agencies derived from various sources, including State Science & Technology Institute. The opportunities listed in each weeks issue provides application information, eligibility criteria and submission deadlines and collectively offer a glance at what is available. (Contact John Noel at: noel@itda.biz or 312.229.1970)