Clubhouse opens 2nd location
SCHAUMBURG — The Clubhouse, part of the Really Nice Restaurants group, has opened its second Chicago area location at 1301 American Lane in Schaumburg. The 22,000 square foot building, located west of Woodfield Mall near the intersection of Meacham Road and American Lane, was formerly occupied by David Burke’s Grillhouse, Like its sister restaurant in Oakbrook Center, The Clubhouse in Schaumburg features a full service bar and lounge, a la carte lunch and dinner service, and private event spaces. Upstairs, a 7,000 square foot banquet area with a wall of floor-to-ceiling windows and a private balcony welcomes wedding receptions up to 200 guests, while a number of smaller private dining rooms provide intimate space for birthday parties, business meetings, wedding and baby showers, and other important occasions. The Clubhouse in Schaumburg showcases some of the concept’s well known dishes, like their signature lobster bisque, slow-roasted prime rib, lobster and shrimp risotto, and meatloaf sundae are featured in addition to offerings unique to the new location. For more information, visit http://www.theclubhouse.com.
Kelmscott aids food pantry
AURORA — For six years in a row, several employees from Kelmscott Communications in Aurora recently volunteered time and showed Christmas spirit at the Aurora Area Interfaith Food Pantry. The employees helped families in need select items to make their holidays brighter. Additionally, the full-service marketing solutions provider donated $500 to the pantry. “Our team receives by giving every year,” says Kelmscott employee Jason Tews. “It’s one of our favorite things to do.” Serving the area since 1981, the pantry operates one of the largest food pantries in Northern Illinois, distributing 50,000 grocery baskets full of food to approximately 23,000 unique, low-income residents annually. The pantry’s mission is to help end local hunger by ensuring that everyone has access to enough nourishing food, thereby helping the overall community stay healthy and productive. Additionally, the pantry also connects individuals with supportive social services and other resources. Kelmscott employee Erika Apantenco was one of the volunteers working on the morning and afternoon shifts that day. The volunteers manned different departments and handed out food and personal items to about 330 visitors.
Manitex refinances venture
BRIDGEVIEW — Manitex International said its ASV LLC joint venture has completed a new Unitranche credit agreement with PNC Bank and another lender to provide a $65 million, 5-year credit facility. The new facility replaces ASV’s previous revolving credit and term loan facilities with two North American lenders and provides reduced interest costs, less restrictive financial covenants and will allow a faster deleveraging of debt to ASV. The new facility consists of a $35 million revolving credit facility and two term loans totaling $30 million. A total of $46.7 million was drawn at closing. The indebtedness is collateralized by substantially all of ASV’s assets and the joint venture partner’s equity in the joint venture. “This is a key action to strengthen our financial position and support the future growth of our business. The interest cost savings we secure from this refinancing will be used to repay term debt at a faster rate than under our prior agreement, thereby accelerating our deleveraging,” said ASV Chief Executive Officer Andrew Rooke.

