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Company recognized among fastest-growing Chicago businesses for the 8th time
Parts Town, the market-leading distributor of foodservice equipment parts, has been named as a 2020 Fast 50 honoree by Crain’s Chicago Business. Parts Town earned the 20th spot on the list, cracking the top 20 for the second year in a row.
The Fast 50 feature recognizes the fastest-growing companies in the Chicago area, based on five-year growth percentage. Parts Town received its rank by reporting more than $719 million in revenue in 2019, a 496% increase from 2014.
“Making the Fast 50 list for the eighth time is an incredible honor. Our sustained growth is driven by an amazing team that is committed to serving our customers and manufacturers with excellence every single day,” said Steve Snower, Chief Enthusiasm Officer, aka CEO, of Parts Town. “Right now, we are focused on the health and safety of our team members
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Eager to escape Chicago’s bitter winter, two young photographers jumped into a car and headed south in 1973. Douglas Baz and Charles Traub didn’t care where they were going as long as it was relatively warm.
Along the way, they attracted attention whenever they stopped to take pictures — hardly surprising, since one of their cameras was a boxy old-fashioned model, featuring a hood and sitting atop on a tripod, that looked like a holdover from the 19th century.
“Someone said, ‘Well, it sounds like you’re interested in landscapes and food. You ought to go across I-10 into Cajun country and check it out,’” Baz said.
So they went, following the Great Mississippi River Road and having no idea of what they might encounter when they arrived.
Baz and Traub both had master’s degrees in photography from the Illinois Institute of Technology, but their road trip preceded the work that
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JP Morgan Chase plans to expand home lending for Black and Latino families while PepsiCo will give more money for job training, officials announced.
Representatives from JP Morgan Chase and PepsiCo made the pledges during a news conference with Mayor Lori Lightfoot and the Chicago Community Trust, a leading philanthropic organization.
JPMorgan Chase promised to increase homeownership among 3,000 Black and Latino families “in the Chicago region through an additional $600 million in home lending to these families over the next five years,” officials said.
The bank also will expand low down payment programs and grants for home buying, including closing cost assistance.
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Officials also said PepsiCo will be giving $500,000 for job training and development, though it wasn’t clear when or where. The soft drink giant also is giving $1 million