Target Sectors
Advantage: North Central Illinois
Profit-making businesses are taking advantage of the strategic location, world-class infrastructure, outstanding transportation, well-educated workforce, innovative technology sector, and proven advanced manufacturing success in North Central Illinois. Illinois has the most diverse economy in America...with the fifth highest GDP in the nation. This dynamic Midwest state is consistently one of the Top Manufacturing, Foreign Investment, Logistics, and Exporting states in the USA. Home to 34 Fortune 500 companies, 14 Fortune Global 500 companies, and headquarters for companies with at least 100 employees totals 3,000, Illinois is considered a mecca for Business Growth.
- Third Largest Intermodal Port in the World - just 60 minutes from North Central Illinois Region (in Chicago)
- Number One Distribution Logistics Location in the United States
- 42 percent of North American consumers are less than a 2 day's drive
- 29 percent of North American Industry is within 1 day's truck delivery
- Highest Education Ratios in the Midwest
North Central Illinois, only 90 minutes from Chicago, has targeted the following sectors for regional growth: Advanced Manufacturing, Food Processing and Agribusiness, Industrial Machinery and Fabricated Metals, Transportation and Logistics, Life Sciences and Health Care, Business and Professional Services, and Energy.
Advanced Manufacturing
Advantages: Skilled Workforce, Proven Success, Transportation Network, Market, Low Cost Utilities, Training and Education Institutions
Proven Success Examples: Martin Engineering, SABIC Innovative Plastics, Carus Group
AgriBusiness and Food Processing
Advantages: Raw Materials, Skilled Workforce, Global Multi-Modal Transportation including Navigable River, Proven Success, Market, Low Costs
Proven Success Exampless: Tyson Foods, Cookie Kingdom, Inc.
Transportation, Logistics, Distribution
Advantages: Location, Market Access, Multi-Modal Transportation including Rail, Interstate, Air, Navigable River, Low Operating Costs
Proven Success Examples: UNFI, Carparts.com, Ace Hardware Distribution, Wal-Mart Distribution, Kohl's Distribution, PetSmart Distribution
Machinery and Fabricated Metals
Advantages: Skilled Labor, Market Access, Low-Cost Utilities, Centralized Supply Chain, Global Multi-Modal Transportation Network, Low Operating Costs
Proven Success Examples: Global Development International, MTM Recognition, Allegion, Mennie Machine Co., HCC Machinery, Unytite, Maze Nails, American Nickeloid, Ottawa Dental Lab, Martin Engineering
Life Sciences
Advantages: Market, Skilled Labor, Educational Institutions, Reliable low-cost utilities, Transportation, Quality of LIfe
Proven Sucess Examples: OSF Healthcare, Morris Hospital
Business and Professional Services
Advantages: Skilled Workforce, Education, Training, Diversified Economic Base, Market Access to Chicago and Midwest, Transportation, Quality of Life
Proven Success Examples: Teleperformance Call Center, Cristal Metals R&D, HR Imaging Partners, LKCS Marketing Consulting, Clifton Larson Allen LLP, Chamlin & Associates
Energy
Advantages: Raw Materials, Skilled Labor, Government-Private Sector Coordination, Transportation, Market Access, Low Operating Costs
Proven Success Examples: Exelon Power, Dynegy, Marquis Energy, Corn Belt Energy, BioPro Mendota, Ameren
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TargetIndustries