JANUARY 13, 2004
Pacific Cycle Acquired By Dorel Industries
Pacific Cycle announced that it is being acquired by Montreal-based Dorel Industries Ltd. (TSX: DII.A, DII.B: NASDAQ: DIIBF), a global supplier of juvenile and home furnishing products. Dorel has signed a purchase agreement to acquire the Madison-based Pacific Cycle, a leader in the design, marketing and distribution of high quality, branded bicycles and other recreational products. Read More.
July 31, 2003
Local Fence Distribution Facility Wins Company Excellence Award for 2003
Master Halco, Inc. the world's leading distributor and manufacturer of fence systems, announced the branch service center located in Olney, IL as the first place winner of the company's Branch Excellence Award. Read More.
March 27, 2003
Olney Named Top 100 Small Town in America
Olney area residents already know their home town is a great place, but now so does the international business community. Site Selection magazine, the professional publication for economic development professionals, has named Olney, Illinois as one of the Top 100 Small Towns in America. Read More.
March 24, 2003
Pacific Cycle Expands Recreation Business
Schwinn bicycle maker Pacific Cycle L.L.C. has announced the purchase of InSTEP L.L.C., a marketer and distributor of jogging strollers and bicycle trailers. Pacific Cycle maintains its largest warehousing and distribution facility in Olney, Illinois. Read More.
March, 2003
Southeastern Illinois Major Player in Bike, Auto Parts Distribution
OLNEY The story of U.S. manufacturing and distribution of bicycle and automotive parts would hardly be complete without mentioning Richland County’s robust activity in both of these industries. Read More.
September 26, 2002
Executive Director of Richland County Development Corporation Named Illinois Development Council's Developer of the Year
Mary H. Heitzig, executive director, Richland County (Ill.) Development Corporation, has been named Economic Developer of the Year by the Illinois Development Council. Read More.
Olney Daily Mail - July 5, 2002
Illinois Gas Breaks Ground
Olney -- A groundbreaking ceremony was held in the West Industrial Park on Wednesday in the lot across from Sigma Sport, where the new Illinois Gas Company building will be constructed. Read More.
Olney Daily Mail - April 17, 2002
East Richland High School Posts Top Scores
Olney -- The East Richland High School senior class is being rewarded for their hard work and accomplishments next week while the school district takes time to ponder and celebrate an academic success. Read More.
For Immediate Release - March 22, 2002
Olney Designated in the TOP 100
Olney -- The city of Olney, Illinois has received a designation as being in the Top 100 U.S. Small Towns for Corporate Facilities, new and expanded, from 1998 to present. Read More.
For Immediate Release - December 17, 2001
Olney Home To New Headquarters
Olney -- New headquarters for the operation of Utility Safety and Design for West Central Energy and Illinois Gas Company are planned for Olney, Illinois. Read More.
For Immediate Release - November 5, 2001
Eagle Wings Industries to Open New Manufacturing Facility in Olney
SPRINGFIELD -- Governor George H. Ryan today announced that Eagle Wings Industries, Inc. (EWI) will open a new manufacturing facility in Olney through its Richland Manufacturing Division. The company will invest approximately $8.5 million in order to occupy the former Marwi bicycle facility leading to the creation of at least 50 new jobs. Read More.
Olney Daily Mail, December 8, 1999
New Factory Opens in Summer Firm Will Employ 50 at Start
Xenia Manufacturing, Inc. announced plans to build a new facility during a press conference at the Richland County Development Corportation offices. Read More.