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Author Archives: Sarah Wienke and Mike Trask

Linked Deposit Program helps Sams expand

Owner Jeff Sams doesn’t expect his carpet-cleaning business to expand right away, but a $575,000 loan he just closed on should help him keep employees. He estimates the low-interest loan made through the Missouri Linked Deposit Program would save his ...

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Quilogy sale may benefit area

The sale of St. Charles-based Quilogy Inc. to a private Massachusetts company is being called a blessing for this area. More than 90 percent of Quilogy’s approximately 200 employees will work for Chelmsford, Mass.-based Aspect, the IT services firm that ...

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Kaplan Lumber to cease operations

An old, established name in the local business community is closing its doors this month. The approximately 34 employees at Kaplan Lumber Co. were told Thursday morning that the business would cease operations on Dec. 17, Kaplan Sales Manager Mike Templeton confirmed during a telephone interview Friday. The company, which operates a 160,000-square-foot facility in Wright City and has an office in St. Peters, has been in business for more than 80 years.

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Are we ready to think dense?

Small homes, apartments may have a future in St. Charles County

A local housing expert says St. Charles County will continue to lead the metropolitan area in housing construction. But going forward, new housing starts will be "nothing like they were in the past," Joe Zanola told the Wentzville Board of Aldermen during a half-hour presentation Wednesday. There has been an overemphasis on the construction of large, single-family homes, Zanola indicated. For the homebuilding industry to truly rebound, he said, the "right kind" of housing will have to be built.

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Whittaker Homes files Chapter 11

Assets at less than $50,000; liabilities are up to $100 million

The largest homebuilder in St. Charles County says it is the latest victim of the nationwide credit crisis. Whittaker Builders Inc. filed for bankruptcy Oct. 15 in the United States Bankruptcy Court for the Eastern District of Missouri.

According to the company's Web site, the decision to pursue reorganization under Chapter 11 comes after "exhaustive" efforts to refinance or extend maturing debt to creditors. Attached to the petition was a list of 172 creditors, ranging from utility companies and municipalities to suppliers and individuals.

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Chrysler dealer blames termination on ‘vendetta’

Century Dodge Chrysler Jeep in Wentzville was one of the nation’s 789 Chrysler dealerships to be dropped from the automakers list last Thursday, and the owners are planning to pursue legal action against the automaker for unfairly terminating their franchise.The Mock family say they won’t go down without a fight. Frank Mock, the dealership's president and owner, said this is the result of a "vendetta" Chrysler has with Century. From left are Brian Mock, co-sales manager, Frank Mock, and Kevin Mock, co-sales manager.

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