Article content
Big Rock Brewery had a strong year for beer sales despite the COVID-19 pandemic.
The company posted a positive $5.1 million earnings before interest, taxes, depreciation and amortization (EBITDA) in 2020 compared to a negative EBITDA of $1.1 million in 2019, according to a news release issued Friday. The results were the best in seven years, the release said.
We apologize, but this video has failed to load.
Try refreshing your browser, or Big Rock posts strong end-of-year results despite pandemic Back to video
Big Rock still posted a net loss of $700,000 in 2020, an improvement over the $2.9 million net loss it posted in 2019. Big Rock attributed this year’s net loss to the “one-time, non-cash impairment” related to suspending its brewing and packaging operations in Ontario “due to market conditions.”
Updated 2/23/2021 6:44 PM
The St. Charles Unit District 303 school board has appointed Joseph Lackner to fill a seat vacated last month by the resignation of Michael Bryant.
Twenty-two people applied for the position, and seven finalists were interviewed by current board members at Monday s meeting. The board members discussed the interviews during closed session and notified the candidates of the decision on Tuesday.
Lackner, a management consultant with Ernst and Young, emerged from the pack and will be seated at the board s March 8 meeting. We are excited to have Mr. Lackner join the Community Unit School District 303 school board and believe that his professional experience and personal qualities will be a welcome addition, said School Board President Nick Manheim in a statement.
Watch interview between candidates for the St Charles District 303 School Board dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.
Updated 2/11/2021 7:37 PM
Angry about a string of decisions made on behalf of students in St. Charles, notably regarding plans for in-person learning, a group called D303 Move Forward has begun a campaign to recall all but one member of the St. Charles Unit District 303 school board.
Because there is no statute enabling a recall of locally elected officials, the organization is asking the board members to resign and is following state regulations for recalling the governor. Once the group finishes collecting signatures, the petition will be filed with the Kane County recorder s office and submitted to the election board for a hearing.
Updated 12/21/2020 8:11 PM
The final day of candidate filing added four more contested village president and mayoral races in the Fox Valley to what was already shaping up to be a spring election with possible sweeping changes in local government.
Geneva, East Dundee, Hampshire and West Dundee will all have contested races for the top spot in local government.
Geneva Mayor Kevin Burns has been part of the city government since 1997. To keep that streak alive, he ll face a rematch of the 2017 election. Resident Tom Simonian will take another shot at unseating Burns.
Simonian has remained highly critical of the way things are done in Geneva over the last four years. He lost to Burns by about 1,500 votes in their first contest.