Briefcase: Sept. 19, 2018
Chicagoland business moves to Kankakee
Spectrum Insurance Group, a firm that helps other companies offer health insurance and other benefits to its employees, recently moved its headquarters from Glen Ellyn to the Clock Tower Centre in downtown Kankakee.
Jason Regas is the president of Sprectrum Insurance group, and he moved his family from Yorkville to Bourbonnais about a year and a half ago. Regas originally is from Kankakee and graduated from Bishop McNamara Catholic High School.
For more information, visit spectrumgroupinc.com.
CN orders 60 more locomotives from GE
GE Transportation announced recently Canadian National Railway will acquire 60 additional locomotives, expanding the 200-unit order placed in December 2017.
“With strong demand across our business, we continue to invest for the long haul with these locomotives that further expand the reliability and size of our fleet,” said JJ Ruest, president and CEO of CN.
CN operates a north-south rail line through Iroquois, Kankakee and Will counties. CN and the industry are seeing rail traffic growth. Year to date, North American rail volume is up about 3.5 percent compared with 2017, according to the Association of American Railroads.