Business Stories from August 3, 2022
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CDW sales up 19% in quarterAug 3, 2022 3:38 PM - Lincolnshire-based CDW Corp. said net sales in the second quarter of its fiscal year were $6.14 billion, compared to $5.15 billion in the second quarter of 2021, an increase of 19.4%.
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SureWerx expands its safety footwear businessAug 3, 2022 3:30 PM - Elgin-based SureWerx, a global manufacturer of safety, tool and equipment products, said it has acquired MEGAComfort International Inc., a maker of work boot insoles.
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Convergint acquires Ojo Technology in CaliforniaAug 3, 2022 3:21 PM - Schaumburg-based Convergint said it has acquired Ojo Technology Inc., a Northern California-based security systems integrator and leader in video and access control security.
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Parts Town acquires Texas companyAug 3, 2022 3:16 PM - Addison-based PT Holdings LLC, the parent company of the food service parts distributor Parts Town, has acquired Commercial Kitchen Parts & Service based in San Antonio.
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PayPal, CVS rise; Match Group, Mercury Systems fall
Aug 3, 2022 3:16 PM - Stocks that traded heavily or had substantial price changes Wednesday: PayPal, CVS rise; Match Group, Mercury Systems fall
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Brunswick reorganization establishes Navico GroupAug 3, 2022 3:08 PM - Brunswick Corp. Wednesday announced the formation of Navico Group, which will replace its current Advanced Systems Group and include two key acquisitions that were completed in late 2021.
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Wise Plastics Technologies' second location recognized in OSHA's Safety and Health Achievement Recognition ProgramAug 3, 2022 3:07 PM - In 2021, Wise Plastics Technologies Inc.'s St. Charles location was the First Plastics Manufacturer in Illinois and the 35th overall company in Illinois to be recognized. Now, a year later, Wise Plastics has been recognized again by OSHA for its West Chicago location.
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Closing prices for crude oil, gold and other commodities
Aug 3, 2022 2:31 PM - Benchmark U.S. crude oil for September delivery fell $3.76 to $90.66 a barrel Wednesday
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Inflation weighs on back-to-school buying for many families
Aug 3, 2022 2:16 PM - This back-to-school shopping season, parents, particularly in the low-to-middle income bracket, are focusing on the basics like no-frills rain boots, while also trading down to cheaper stores, including second-hand clothing, as surging inflation takes a toll on their household budgets.
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Social media phenomenon Crumbl Cookies opening new location in South ElginAug 3, 2022 2:15 PM - Crumbl Cookies is opening a new bakery in South Elgin. Located at 315 Randall Road, in the shopping center between Jewel and Randall's Pancake House, the new location will hold a ribbon cutting Thursday before its big opening at 8 a.m. Friday.
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