Daily Sound Bite: From Golf Course to Farmland

Part of a wave of Midwestern farmers snapping up land to cash in on steadily rising commodity prices, Illinois farmer Clark Kelly has purchased the Hend-Co-Hills Golf Course near Biggsville with plans to turn the course into a cornfield.

May 21, 2013

Part of a wave of Midwestern farmers snapping up land to cash in on steadily rising commodity prices, Illinois farmer Clark Kelly has purchased the Hend-Co-Hills Golf Course near Biggsville with plans to turn the course into a cornfield. The land was selling for about one-third the going rate for area farmland. Kelly said,

"That's why I wanted to get my paws on it so bad."

[read more]

Latest in Supply Chain
Industrial Media Unboxing Video
Sponsored
Industrial Media Unboxing Video
November 23, 2022
Businessman Stock Room Tablet 000063269441 Large
What Distributors Would Like to See More of … and Less of from Manufacturers
December 5, 2022
Oxycodone pills are shown, June 17, 2019. On Wednesday, Nov. 2, 2022, CVS Health said it has agreed to pay about $5 billion to state, local and Native American tribal governments to settle lawsuits over the toll of opioids. CVS is not admitting wrongdoing and the company would make the payments over a decade.
CVS, Walgreens Announce Opioid Settlements Totaling $10B
November 2, 2022
In this photo released by Xinhua News Agency, a high-speed electric passenger train, customized for the Jakarta-Bandung High-Speed Railway (HSR) project, is loaded onto a vessel in Qingdao Port in eastern China's Shandong Province, Aug. 18, 2022. China reported Monday, Oct. 24, 2022 economic growth rises to 3.9% over a year ago in latest quarter, up from 0.4% in previous quarter.
China's Exports Weaken in September, Imports up 0.3%
October 24, 2022
Related Stories
Then Economic revitalization minister, Yasutoshi Nishimura speaks during a press conference in Tokyo Wednesday, Sept. 11, 2019. Nishimura told reporters Tuesday, Dec. 6, 2022, that the new company, Rapidus, which was launched last month by eight corporate giants including automakers, electronics and chipmakers, will team up with the Imec, a Leuven, Belgium-based research organization known for the nanoelectronics and digital technologies key to developing next-generation chips.
Supply Chain
Japan, Belgium to Collaborate on Chips
Businessman Stock Room Tablet 000063269441 Large
Supply Chain
What Distributors Would Like to See More of … and Less of from Manufacturers
A worker rides a rail car at a BNSF rail crossing in Saginaw, Texas, Wednesday, Sept. 14, 2022. Most railroad workers weren't surprised that Congress intervened this week to block a railroad strike, but they were disappointed because they say the deals lawmakers imposed didn't do enough to address their quality of life concerns about demanding schedules and the lack of paid sick time.
Supply Chain
Rail Workers Say Deal Won't Resolve Quality-of-Life Concerns
How to Attract New Talent with AR
Sponsored
How to Attract New Talent with AR
More in Supply Chain
Rasps In Holder Fx3 Grinding
Operations
ANCA’s FX Machines Help Manufacturer Find Niche in Equine Dental Products
Growth in the animal health industry saw the company invest in a FX5E to keep up with demand.
December 6, 2022
California Gov. Gavin Newsom walks through the assembly chamber with California Controller Malia Cohen during the opening session of the California Legislature in Sacramento, Calif., Monday, Dec. 5, 2022. The legislature returned to work on Monday to swear in new members and elect leaders for the upcoming session.
Energy
State Eyes Penalties for Oil Companies' Big Profits
It could be the first state to fine big oil companies for making too much money.
December 6, 2022
Norfolk Southern locomotives are moved in the in the Conway Terminal in Conway, Pa., Sept. 15, 2022. Major railroads now face pressure from investors to add sick time for workers after Congress declined to require them to do so as part of the contracts they imposed last week to avert a potentially devastating nationwide rail strike. The Interfaith Center on Corporate Responsibility said Monday, Dec. 5, that two investment managers it works with to help promote social change at companies had filed proposals at Union Pacific and Norfolk Southern railroads that will allow shareholders to vote on whether rail workers should get paid sick leave.
Labor
Investors Press Railroads to Add Sick Time for Workers
One investor said companies should consider sick time as an investment in its workforce, not an expense.
December 6, 2022
Then Economic revitalization minister, Yasutoshi Nishimura speaks during a press conference in Tokyo Wednesday, Sept. 11, 2019. Nishimura told reporters Tuesday, Dec. 6, 2022, that the new company, Rapidus, which was launched last month by eight corporate giants including automakers, electronics and chipmakers, will team up with the Imec, a Leuven, Belgium-based research organization known for the nanoelectronics and digital technologies key to developing next-generation chips.
Supply Chain
Japan, Belgium to Collaborate on Chips
Supply chain risks have prompted Japan to focus on building up its own manufacturing capacity.
December 6, 2022
Businessman Stock Room Tablet 000063269441 Large
Supply Chain
What Distributors Would Like to See More of … and Less of from Manufacturers
Some common best practices distributors would like to see more of from manufacturers.
December 5, 2022
A worker rides a rail car at a BNSF rail crossing in Saginaw, Texas, Wednesday, Sept. 14, 2022. Most railroad workers weren't surprised that Congress intervened this week to block a railroad strike, but they were disappointed because they say the deals lawmakers imposed didn't do enough to address their quality of life concerns about demanding schedules and the lack of paid sick time.
Supply Chain
Rail Workers Say Deal Won't Resolve Quality-of-Life Concerns
Concerns about the lack of paid sick time and the demanding schedules dominated the contract talks.
December 5, 2022
Aur Uf Nologos
Automotive
Uber Freight Expands Autonomous Long-Haul Trucking Pilot
The company's opening up a lane between El Paso and Fort Worth with Aurora Innovation.
December 2, 2022
Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., at the White House, Nov. 29, 2022.
Laws & Regulations
House Votes to Impose Deal on Railroad Unions
The bill would head off a looming nationwide rail strike.
December 1, 2022
U.S. Secretary of Commerce Gina Raimondo speaks during the High-Level Economic Dialogue Second Annual Meeting in Mexico City, Monday, Sept. 12, 2022. Speaking to reporters on Wednesday, Nov. 30, 2022, Raimondo said the United States isn’t seeking to sever economic ties with China — even as it takes steps to protect America’s technological and military prowess from Beijing.
Supply Chain
Raimondo: U.S. Isn't Seeking to Sever Economic Ties with China
Relations between the world’s two biggest economies have chilled over the last decade.
November 30, 2022
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), speaks during an interview with The Associated Press in Berlin, Germany, Tuesday, Nov. 29, 2022.
Supply Chain
IMF Urges China to End Mass Lockdowns
'Zero-COVID' is wreaking havoc on international supply chains.
November 29, 2022
Dx
Operations
Four Companies Collaborate to Support DX in Manufacturing
The companies will combine their experience in DX, system construction and engineering.
November 28, 2022
I Stock 1355308510
Labor
Railroad Unions, Employers at Impasse
Freight-halting strikes are rare, and this would be the first in three decades.
November 23, 2022
A Norfolk Southern freight train approaches a crossing in Homestead, Pa., April 27, 2022.
Supply Chain
Norfolk Southern to Buy Regional Railroad for $1.6B
A company subsidiary already operates the busy Cincinnati Southern Railroad.
November 22, 2022
An Amtrak passenger train departs Chicago in the early evening headed south on Sept. 14, 2022, in Chicago. American consumers and nearly every industry will be affected if freight trains grind to a halt in December. Roughly half of all commuter rail systems rely at least in part on tracks that are owned by freight railroads, and nearly all of Amtrak’s long-distance trains run over the freight network.
Supply Chain
A Rail Strike Looms and Impact on U.S. Economy Could be Broad
Many businesses only have a few days’ worth of raw materials and space for finished goods.
November 22, 2022
Freight train cars and containers at Norfolk Southern Railroad's Conway Yard in Conway, Pa., April 2, 2021.
Labor
Big Rail Unions Split on Contract
Engineers accepted their deal with railroads, but conductors rejected theirs.
November 21, 2022