Showing posts with label economic development. Show all posts
Showing posts with label economic development. Show all posts

Friday, May 18, 2012

Village of Forrest Attracts New Business

The Village of Forrest, IL is now home to a new medical equipment installation firm.  H & H Installation Services, Inc. built a new headquarters for the company on Route 47, on the north side of town.  The company specializes in the installation of medical equipment (CT, X-Ray, MRI, etc.) at hospitals, university research facilities, and medical offices all across the US.  H & H has twenty-two employees, 10 of them work in Livingston County.

The GLCEDC provided a Community Development and Infrastructure Grant to the Village of Forrest to assist in the funding of a water main extension and Route 47 improvements for the new business.  More information about H & H Installation can be found on their website.

Larry Vaupel, CEO (left) presents a check to Pat Huette, President of H & H Installations (center) and Village of Forrest Mayor, Jim Gulliford (right) to assist in funding public improvements associated with the construction of H & H Installations' new facility in Forrest, IL.

Monday, March 5, 2012

Illinois is Top Ten in Corporate Locations/Expansions


FOR IMMEDIATE RELEASE
March 1, 2012


Governor Quinn Announces Illinois Among Top 10 States for Corporate Locations in National Survey
Illinois Gains Over Last Year’s Ranking

CHICAGO – March 1, 2012. Governor Pat Quinn today announced that the state of Illinois and Chicago have been named among the top 10 locations for new and expanded corporate facilities. Illinois ranked seventh among states, an improvement over last year’s eighth place ranking, and Chicago second in the metropolitan areas category in the annual analysis by Site Selection magazine, one of the nation’s premier corporate real estate and economic development publications.

“We are committed to creating jobs and working hard to make Illinois an even more attractive place to do business not only in the Midwest, but globally,” Governor Quinn said. “We have an aggressive long-term strategy for bringing quality jobs to Illinois, which includes innovation, exports and foreign investment, business-friendly legislation, and addressing infrastructure needs. We will continue to do everything we can to further our economic growth and create jobs in Illinois.”

In 2011, Illinois had 216 corporate facilities locate or expand in the state. Illinois joins Ohio, Texas, Pennsylvania, North Carolina and Georgia on the list of the top ten states with the most locations and expansions. With 167 projects, the Chicago-Naperville-Joliet metro area ranked second on the list of cities in the tier one, top ten metropolitan areas list. Illinois companies that have relocated or seen significant expansions this year include Ford, Motorola Mobility, Continental, FedEx, Chrysler and Mitsubishi, among others.

“We are pleased that Illinois has again been named to Site Selection’s top 10 list for new and expanded corporate facilities,” said Illinois Department of Commerce and Economic Opportunity (DCEO) Director Warren Ribley. “Illinois is one of the top business destinations in the nation for good reason, and we will continue to direct our efforts toward attracting and keeping investment in the state, creating jobs for the future and strengthening our economy.”

The Governor’s Cup analyses, issued by Site Selection magazine, are regarded by corporate real estate analysts as “the industry scoreboard.” Site Selection is the senior publication in the corporate real estate and economic development field and the official publication of the Industrial Asset Management Council (IAMC, at www.iamc.org). The magazine’s circulation base consists of 44,000 executives involved in corporate site selection decisions, most at the CEO/President/COO level.

Wednesday, October 5, 2011

Is there an App for that job? Check with Rural Development

By Colleen Callahan, Director of Illinois USDA Rural Development


When we’re looking for an answer to something these days, it’s common to “google it” or ask, “Is there an app for that?” 
It turns out there is an app for job creation. It’s the intended application of USDA Rural Development. As a lender, rural development’s commitment is to finance the future of rural communities. To that end, USDA Rural Development has been working to pursue some of the same strategies suggested recently in the proposed American Jobs Act. 
In Illinois, rural development has assisted rural communities to provide the infrastructure and support for innovative businesses that are the key to job creation and retention.  
USDA Rural Development assists with building basic infrastructure that supports economic development in rural communities, including electricity, water systems, broadband and housing.
We create and sustain rural job opportunities and support entrepreneurs from the micro-enterprise level to large-scale manufacturing, so those who live in rural communities don’t have to commute to metropolitan areas in order to support their families and pay their mortgages. 
In partnership with other public and private sector businesses, the loans we are providing to rural businesses have created or saved more than 5,600 jobs in Illinois. And we continue to improve the economic climate of rural areas by helping develop additional job opportunities for the underserved rural areas and populations.
Those of us in rural America know that in difficult times, we need to come together to work out a solution that benefits everyone, not just a few or just those in certain geographic areas.
It’s about balance.
What happens when our atmosphere gets out of balance? We have storms.
What happens when our systems get out of balance? We get sick.
And what happens when we don’t use a balanced approach to our governmental decision-making? We create our own demise.
Elected leaders in Washington need to acknowledge the consequence of one-sided initiatives as they work to support job growth and build a stronger future for all Americans. 
A wise man once said that nothing can ever be sliced so thinly as to not have two sides. His wisdom can be applied to how we find solutions to our current needs.
Consequently, there is an app for job creation. It’s called common sense.
And partnering with rural development, when rural communities and businesses want to create and sustain jobs, makes good sense.

Tuesday, August 23, 2011

Free Webinar this Friday

FRIDAY: Webinar Promotes Rural Small Business Development
White House Rural Council Members Delta Regional Authority & Appalachian Regional Commission Highlight Efforts to Promote Job and Economic Growth in Rural America

Webinar on Rural Small Business Development

Friday, August 26, 2011
2:00 PM - 2:45 PM EDT

  • John Fernandez, U.S. Assistant Secretary of Commerce for Economic Development, U.S. Economic Development Administration
  • Chris Masingill, Federal Co-Chairman, Delta Regional Authority
  • Earl Gohl, Federal Co-Chairman, Appalachian Regional Commission

On Friday, August 26, 2011, White House Rural Council members, Delta Regional Authority and Appalachian Regional Commission, will join U.S. Assistant Secretary of Commerce for Economic Development John Fernandez for a webinar to discuss strategic efforts to promote rural small business development. President Obama signed an Executive Order in June establishing the first White House Rural Council to ensure Federal resources are being coordinated across the government to strengthen rural communities and accelerate growth. Last week, the President announced a series of initiatives that leverage existing programs and funding to help small businesses and to meet other critical needs in rural communities.

The GLCEDC will host a viewing of this webinar. All are welcome to watch it at our new office located at 210 W. Water St. in Pontiac. Please email larry@glcedc.org to RSVP.

Friday, July 8, 2011

Get "Back to Business" School with GLCEDC

Get in the "back to school" spirit this August by participating in the Annual "Biz Ed" Series sponsored by the GLCEDC. Hosted every Tuesday in August at 4pm in the Farm Bureau offices (901 W. Howard Street, Pontiac), this seminar series covers all the business basics and more.

This year's line-up includes:


  • Business Planning: Creating a Business Plan That Gets Financed (August 2nd)

  • HR 101: Small Business Basics (August 9th)

  • Building an Online Presence: Simple Website Development & Marketing (August 16th)

  • Fast Financials: Finance Tools to Grow Your Business (August 23rd)

  • Patent Pending: Protecting Your Work with a Patent (August 30th)

Available at No Charge to Livingston County residents, the "Biz Ed" Series features key speakers from the local business community and engaging learning opportunities for entrepreneurs and current business owners. Join the GLCEDC and other sponsoring members like SCORE, Caterpillar Inc, Creative Ag Solutions, Champion Fitness and EVT Global for free educational seminars focusing on the fundamentals of building a better business.


RSVP to attend by contacting Colleen O'Toole, Economic Development Specialist, at (815)842.2900 or email colleen@glcedc.org. Look for updates on the "Biz Ed" Series and other educational opportunities by visiting our Facebook page!