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MAG Capital purchases industrial facility in Rock Falls, Illinois

MAG Capital purchases industrial facility in Rock Falls, Illinois
May 10, 2021
Fort Worth, Texas-based MAG Capital Partners, LLC, led by principals Dax T.S. Mitchell and Andrew Gi, acquired a 645,000-square-foot industrial facility at 41 U.S. Route 30 in Rock Falls, Illinois, situated on 124 acres. The property, known as the I-88 Distribution Center, has operated under a long-term NNN lease with Cimco Recycling, LLC, since 2018.
Cimco is a family-owned business and one of the largest processor-brokers of scrap metal in the Midwest. The recycler, which buys a variety of scrap materials, including metals, paper, plastic and electronic waste, operates facilities across Illinois and a site in Milwaukee. ....

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New chief for NIRD-PR - The Hindu

G. Narendra Kumar

G. Narendra Kumar has assumed charge as the Director General of National Institute of Rural Development and Panchayati Raj (NIRD&PR) for a period of five years.
Earlier, he was Additional Chief Secretary, Government of Delhi. Mr. Narendra Kumar holds a Ph.D. from Osmania University and Master’s Degree in Public Administration from Maxwell School of Public Affairs, USA. He was instrumental in setting up four universities in Delhi as well as in increasing access to quality technical and higher education there.
He was also known for developing Pondicherry as the Hardware Capital of India. Earlier, he worked in various national and international academic institutions such as Administrative Staff College of India and ICRISAT, a press release said. ....

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