Auto parts manufacturer Flex-N-Gate to open South Side plant, promising 300 jobs

Auto parts manufacturer Flex-N-Gate to open South Side plant, promising 300 jobs

Auto parts manufacturer Flex-N-Gate is opening a new facility that will bring about 300 jobs to Chicago's South Side with help from city and state incentives, the city announced Thursday.

Urbana, Ill.-based Flex-N-Gate, which makes bumpers, radiators, hinges and a variety of other original equipment, will convert an existing warehouse to supply automakers, including a nearby Ford assembly plant.

Fabrik Industries expanding in McHenry, buying second facility

Fabrik Industries expanding in McHenry, buying second facility

 

McHENRY – Fabrik Industries will expand its operations in the city of McHenry with the purchase of a second facility at Miller Parkway, the McHenry County Economic Development Corp. announced.

"In 2015, Fabrik’s leadership identified the need to expand operations based on continued increase in their manufacturing business," the EDC said in a news release. "The company analyzed expansion in the state of Illinois, specifically the city of McHenry and outside of Illinois. As the company began researching expansion opportunities, the collaboration between the state of Illinois, the city of McHenry, the county of McHenry and the McHenry County Economic Development Corp. and other partners proved to make the difference in their decision process."

Fabrik has operated in McHenry County for 35 years.

“We are excited about the opportunities in manufacturing locally and the community’s involvement in our growth has been humbling," Keith Wagner, president of Fabrik Industries, said in the news release. "In 2016, Fabrik will expand into an additional facility hiring many new employees to meet the increased manufacturing demand.”

 

 

Amazon to Expand Again in Illinois with Two More Fulfillment Centers and 1,000 Full-Time Jobs

Amazon to Expand Again in Illinois with Two More Fulfillment Centers and 1,000 Full-Time Jobs

SEATTLE--(BUSINESS WIRE)--Amazon (NASDAQ: AMZN), Intersect Illinois and the Illinois Department of Commerce today announced that Amazon plans to open two fulfillment centers in Aurora, Illinois. The facilities will add more than 1,000 additional full-time jobs with benefits to the state. The company currently has fulfillment centers operating in Edwardsville, Joliet and Romeoville with another fulfillment center under construction in Monee.

“Intersect Illinois has worked closely with Amazon for months to grow and maximize Amazon’s footprint in Illinois”

Tweet this

“In just over two years, Illinois has proven itself to be an ideal location from which Amazon can continue offering customers our vast selection and superfast shipping speeds,” said Akash Chauhan, Amazon’s vice president of North American operations. “We’re excited to be growing and creating even more full-time jobs that offer comprehensive benefits on day one as well as generous maternity and parental leave benefits.”

“Intersect Illinois has worked closely with Amazon for months to grow and maximize Amazon’s footprint in Illinois,” said Intersect Illinois CEO Jim Schultz. “Team members like Frank Cho recognized early on that Illinois and Amazon could be tremendous partners and that hard work is paying off. Illinois can offer Amazon exactly what it needs.”

 

Great Wolf Lodge Aims to Take Over, Renovate Key Lime Cove in Gurnee

Great Wolf Lodge Aims to Take Over, Renovate Key Lime Cove in Gurnee

 

Great Wolf Lodge is looking to purchase Key Lime Cove in Gurnee, renovate the facility and reopen in 2018.

A revenue-sharing agreement approved by the Gurnee Village Board this past week with Great Wolf Lodge will allow Great Wolf and the village to collect $550,000 per year in hotel/motel taxes. Once they have both hit this mark, Great Wolf will collect 100 percent of that tax revenue, village officials said. The agreement will run through 2029 and allows the resort to collect up to $18 million.

This agreement would take the place of the cost-sharing agreement the village currently has with Key Lime Cove.

Under that agreement, the village is only bringing in, on average, about $400,000 per year from Key Lime Cove since the water park and resort opened in 2008, according to the Chicago Tribune.

 

Pharmaceutical company to bring hundreds of jobs to Des Plaines

Pharmaceutical company to bring hundreds of jobs to Des Plaines

A German pharmaceutical company is expanding in Illinois, bringing hundreds of jobs.

Vetter Pharmaceuticals plans to build a million-square-foot facility in suburban Des Plaines. The company expects to hire up to 500 people once construction is finished.

The new jobs are a welcome sight in an industry worried about a number of mergers from 2015 resulting in job losses.

The northern Chicago suburbs are home to pharmaceutical companies Abbott, AbbVie and Baxter. Vetter makes sterile containers and pre-fillable syringes that possibly could benefit from being near other businesses in the region.

Local officials excited by Rivian announcement

Local officials excited by Rivian announcement

NORMAL — Twin City officials said Thursday they're excited Rivian Automotive is negotiating to buy the former Mitsubishi plant in Normal and bring in as many as 1,000 jobs. 

"It’s a mix of excitement and a sigh of relief for the amount of work that's been going into this and trying to put this deal together," said Normal Mayor Chris Koos. "The possibility for 1,000 jobs is really great news for the community."

$26 Million Investment - 20,000 Potential Jobs

$26 Million Investment - 20,000 Potential Jobs

Decatur – The state is making a major investment in a bioprocessing lab which could lead to thousands of jobs and a huge economic boost for central Illinois over the next decade.

State Senator Chapin Rose, (R) Mahomet, announced in Decatur Tuesday the state will commit $26 million in the Integrated Bioprocessing Research Lab (IBRL), at the University of Illinois.  The lab in turn will conduct biochemistry research and eventually develop bioprocessing/bio-green chemicals using corn and soybeans to convert petroleum chemicals into green chemicals.