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Wintrust Business Minute: Illinois sees 15% increase in corporate relocation and expansion
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Illinois saw an increase in corporate relocation and expansion this year. According to Intersect Illinois, the state saw a 15% increase in both in 2024. Intersect Illinois is the state’s public-private economic development partnership. Illinois had 440 projects on the books as the fiscal year ended in June, up from 382. Crain’s reports the biggest project was Gotion’s $2 billion battery assembly plant in Manteno. Corporate relocations and expansions have gone up three years in a row. 13,000 jobs are tied to the 2024 projects.
Also, JPMorgan Chase will build a new facility in Winnetka with a retail branch and private banking offices.
https://serve.castfire.com/audio/7073087/WBM_11-14-2024_2024-11-14-205427.64kmono.mp3
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By wgnradio.com
4.5
88 ratings
Steve Grzanich has the business news of the day with the Wintrust Business Minute.
Illinois saw an increase in corporate relocation and expansion this year. According to Intersect Illinois, the state saw a 15% increase in both in 2024. Intersect Illinois is the state’s public-private economic development partnership. Illinois had 440 projects on the books as the fiscal year ended in June, up from 382. Crain’s reports the biggest project was Gotion’s $2 billion battery assembly plant in Manteno. Corporate relocations and expansions have gone up three years in a row. 13,000 jobs are tied to the 2024 projects.
Also, JPMorgan Chase will build a new facility in Winnetka with a retail branch and private banking offices.
https://serve.castfire.com/audio/7073087/WBM_11-14-2024_2024-11-14-205427.64kmono.mp3
Recent Posts
Wintrust Business Lunch
Levy to revamp food offerings at Chicago Botanic Garden
.cls-4{fill:#000;}
Chicago Loop retail vacancy held steady in 2024
.cls-4{fill:#000;}
Labor market cooling, work empathy, Baja Foods
.cls-7{fill:#fff;fill-rule:evenodd}
Tariff impact, Super Bowl ads, indoor farmers market
.cls-7{fill:#fff;fill-rule:evenodd}
Archer Daniels Midland is preparing for layoffs
.cls-4{fill:#000;}
Click for more
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