Illinois
This section includes articles related to area economic development, corporate relocation, company expansion and site selection news throughout Illinois.
E-Commerce, Logistics Signed Largest Warehouse Leases In 2018
CBRE study found that last year, 61 of the largest 100 industrial leases in the U.S. were completed by e-commerce companies and logistics firms.
Top Utilities: Power Players For Development
Size counts, but when it comes to making our picks for forward-thinking utilities, so do smart grids, renewable energy and a seat at the table when economic development deals are negotiated.
Illinois Was Tops For Green Building In 2018
Massachusetts and Washington earned the second and third spots in the U.S. Green Building Council’s annual Top 10 States for LEED Green Building ranking.
Texas, Florida Top List Of 2018 Destination States
California, Arizona and North Carolina round out the top five destination states for consumers who moved with Allied Van Lines last year.
Illinois: Renewing The Midwest
Illinois’ Future Energy Jobs Act (FEJA) is attracting a number of renewable energy companies looking to reap the benefits of the legislation.
HARTING Investing $6M In Illinois Expansion
The German company will create 50 or more new jobs in the expansion of its North American Headquarters in Elgin, IL.
Destinations For Foreign Direct Investment: FDI Lives Here
The competition for foreign direct investment is intensifying, with locations far and wide vying to become prime destinations for FDI.
Faber-Castell To Open Cosmetic Manufacturing Facility In Illinois
The German company will invest $9 million in a new state-of-the-art facility in Elgin, its first in North America.
Top 100 Most Innovative Cities Named
Tokyo ranks #1 in World Innovation Cities Index ahead of London and Silicon Valley.
Intersect Illinois – Where Your Business Meets Success
The 17th largest economy in the world, Illinois has grown and attracted some of the most innovative and iconic companies on the planet—including Amazon, Caterpillar, Boeing and Wrigley Company—thanks to its many advantages for business and talent. Learn more at intersectillinois.org.
Business Facilities’ 2018 Metro Rankings Report
Business Facilities' 2018 Metro Rankings Report takes a look at the hot topics in economic development on the city level, including solar energy, job growth, economic growth potential, diversity, and more.
Advanced Manufacturing: The Cobots Are Coming
Collaborative robots (a.k.a. cobots), designed to work alongside human workers, are the next big thing in advanced manufacturing. More than 150,000 cobots will be in use by 2020, a number expected to exceed 700,000 by 2025.
FTD Companies Relocating HQ To Chicago
The global floral company’s headquarters relocation to Chicago is part its new strategic growth plan.
Top Utilities: Powering Growth
Our Editor’s Choice selections for Top Utilities include the leaders who are upgrading their grids, diversifying their energy sources and doing what it takes to power economic development.
Anixter Expanding Illinois Distribution Center
The 238,000-square-foot expansion will make the Alsip, IL facility the company’s largest and most advanced distribution center.
Food Manufacturer, Distributor Expanding In Illinois
Located in Montgomery, IL, Carl Buddig and Company’s fourth manufacturing facility in the state will create up to 300 new jobs in the coming year.
Fiat Chrysler Automobiles To Invest Over $1B In Michigan
FCA will modernize its Warren Truck Assembly to produce Ram Heavy Duty trucks, relocate truck production from Mexico, and add 2,500 new jobs.
Location Spotlight: Hoosier Energy
The Hoosier Energy Power Network’s Economic Development team is dedicated to providing valuable site selection information and assistance to companies considering a relocation or expansion in Indiana or Illinois.
Illinois Revives Premier Corporate Tax Incentives
Gov. Bruce Rauner has signed legislation reinstating the Economic Development for a Growing Economy incentives program (EDGE), a vital tool in winning big-ticket projects.
California Leads In Electric Grid Modernization
Illinois, Texas, Maryland, and Oregon round out the top five in moving toward a modernized electric grid, according to the Grid Modernization Index.
Rankings & Awards
March / April 2022 Issue (Volume 55, Number 2)
Business Facilities' March / April 2022 issue focuses on the global supply chain, logistics, foreign direct investment, industrial parks, manufacturing, life sciences, and more.
Virginia’s El Koubi Accepts 2021 State of the Year—Best Overall Business Climate Award
Business Facilities magazine recognized the Commonwealth of Virginia for its commitment to building a strong business environment in 2021.
Business Facilities Featured Location Spotlight
Location Spotlight: Ohio Electric Cooperatives
Ohio consistently ranks as one of the top U.S. destinations for new corporate facilities, meaning prime sites are quickly snapped up. Economic development officials and private developers are working cooperatively to ensure the pipeline of immediately-developable sites stays full with diverse location opportunities.
Business Facilities Featured Location Videos
[VIDEO] Made Possible in Lehigh Valley
The region has been recognized as one of the fastest-growing economies in the nation and is just a short drive away from major mid-Atlantic cities including New York City, Philadelphia, Baltimore, and Washington D.C.