Trade and Industry Development, a leading publication dedicated to site selection for businesses, named Gotion and Manner Polymers winners of its annual CiCi Awards. The recognition honors projects from all over the U.S. that bring extensive capital investment or influential community impact. This year, the publication announced 31 winning projects — 16 in the “Corporate Investment” category and 15 in the “Community Impact” category. Illinois is home to two winners:
EXCERPT on GOTION – Corporate Investment
Gotion Inc., a subsidiary of Gotion Hi-Tech headquartered in Hefei, China, is a manufacturer of energy storage systems and EV batteries. The parent company has facilities all over the world, including Germany, Japan, Singapore and China. Since 2014, Gotion Inc. has been headquartered in Fremont, California, and operates an R&D facility in Ohio. The company is also in the process of building a raw materials plant in Michigan. In September of 2023, Gotion announced its choice of a site in Manteno, Illinois for a $2 billion investment in a lithium-ion battery manufacturing plant that will employ approximately 2,600 individuals. Read the full story here.
EXCERPT on MANNER POLYMERS – Community Impact
Bolstered by a Reimagining Energy and Vehicles in Illinois (REV Illinois) incentive package, Manner Polymers announced plans in 2023 to invest $54 million and create more than 60 jobs in the Southern Illinois Region. Manner Polymers is one of North America’s largest flexible PVC compounders. Manner Polymers’ new state-of-the-art facility will manufacture a wide array of PVC compounds, including automotive PVC compounds for use in electric vehicles and components for solar panels. The facility will be powered by a 15-acre solar field located on-site. Read the full story here.
“Each application represents growth and expansion for an American community in the form of new jobs, retained jobs, site expansion, economic gains, and a wider tax base that will offer benefits to the entire community. Our final winner’s list of 31 deserving projects is an eclectic mix of high achieving projects at major international corporations as well as smaller, local companies,” said Trade & Industry Development Publisher Scott Swoger.
Intersect Illinois’ analysis of companies that have located or expanded throughout the state shows that 382 companies accounted for $6.7B in investment and more than 9,300 jobs in FY23, with industries such as agribusiness, manufacturing, logistics and EV/energy being particularly strong.
The 31 winners are all featured in Trade & Industry Development’s Q2 edition.
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