We are pleased to announce that Richard Korengold, senior managing director with Mesirow Financial Wealth Advisors, was recently named as Chairman of Lake County Partners' Board of Governors. With his support, we have made immense progress in advancing local economic development, and we look forward to building on the success under his leadership.
Over the past year, Lake County Partners connected local business leaders with resources and partners to help grow their businesses. Outcomes included effective training and employment programs, job placements, bustling career fairs, new internship opportunities and headline-making expansions and relocations. See what made the news in this glance back at 2017.
The City of Highland Park City Council has approved a Briergate TIF District to support infrastructure improvements such as streetscape, parking & wayfinding within the Briergate Business District and encourage investment & revitalization.
Congratulations to Lake County government for being a fiscally responsible leader in the region and maintaining a AAA credit rating for over 20 years. See how they're spending wisely in 2018 here.
As we wrap up 2017 and head into the New Year, our latest Economic Update takes a look at how critical industries are driving job growth and our services are helping businesses make connections and tap into talent.
Joe Cahill of Crain's Chicago Business voices support for the Chicago Regional Growth Corporation - an economic development organization that will focus on advancing the interests of northeastern Illinois as a whole and include the involvement of Lake County leaders.
At our recent Board meeting, members acknowledged the many accomplishments of outgoing Chairman Joseph Luna and voted to appoint long-standing member Richard Korengold as the new Chairman. We look forward to working with Richard in his new capacity and continuing to accelerate our economic development services!
We’re happy to be involved and see momentum build for this collaborative effort to promote regional economic development.
Gurnee-headquartered AKHAN Semiconductor, a company specializing in the fabrication and application of lab-grown electronics-grade diamond, has received a patent from the Japan Patent Office for its advanced technology.
Congrats to Lake County-headquartered AbbVie for being recognized as Pharma of the Year by BioPharmaDive for the company's impressive stock growth, strong pipeline and blockbuster drug development success!
Colborne Foodbotics CEO Rick Hoskins says it’s not hard to find highly-skilled employees in Lake County because it’s a “hotbed of talent” with a lot of local Engineering resources. Click here to see how the Workforce Ecosystem is working for him.
Over 400 students from Lakes Community High School met with 10 Lake County employers to learn more about in-demand careers in Manufacturing and Health Sciences. Learn more about how the Lake County Workforce Ecosystem is getting local youth ready to meet future workforce needs here.
Economic development is on the rise in North Chicago, with the issuance of more than 1000 building permits, a flurry of home renovations, AbbVie’s planned $40 million lakefront campus improvements, a proposed $49 million townhome development and plans for a new 130,000 sq. ft. Navyseum attraction.
Lake County’s exports have skyrocketed 15.1% over the past 4 years, and they now account for more than $6 trillion in sales—giving Lake County the distinction of having more exports per capita than any other metro Chicago county.
Get to know our Board Member and Highland Park Hospital President Jesse Peterson Hall as he reflects on the hospital's upcoming 100-year anniversary and the special touches that make Lake County's healthcare industry stand out.
We're enjoying the bounty of Lake County! This Thanksgiving, you can get everything that you need for a fabulous meal by shopping locally. Check out this new video to see how we're getting ready for the holiday at a few local businesses.
Lake County promises top-ranking schools and we’re proud to congratulate six of them for receiving a Blue Ribbon Award from the U.S. Department of Education for their academic excellence.
Lake County leaders Takeda Pharmaceuticals, Lundbeck US and Advocate Health Care have partnered to explore an innovative app to help manage certain patients more effectively.
Lake County’s strength is its young professional talent, which is nurtured by institutions like the Rosalind Franklin University of Medicine and Science, where they mentor students to help them develop their research through events like this poster competition.
We're pleased to welcome South Korean air purifier manufacturer Winix to Lake County. After experiencing rapid growth, the company has expanded and relocated its North American headquarters in Vernon Hills and expects to double its employee base by 2019.
Congratulations to the City of Highland Park for seeing 53 new commercial leases totaling 127,000 sq. ft. signed over the last year as a result of hard work and proactive measures to support the local market!
We’re proud to welcome Pat Eaves-Heard from Nicor Gas & Dr. Rich Haney from the College of Lake County to our esteemed Board of Directors.
In this latest Workforce Brief from our partners at the Lake County Workforce Development Department, our Strategy and Intelligence Manager Bethany Williams notes that Lake County is noteworthy for its deep talent pool, and local companies can easily work with agencies like ours to tap into it.
We've had a busy quarter of economic development activity in Lake County! Get the latest updates on young professionals, Lake County's booming manufacturing and healthcare industries, local business expansions and re-locations, retail vacancy rates and more in our latest newsletter.
SGS, a leading bio/pharmaceutical analytical and bioanalytical contract solutions provider, has chosen to expand its Lincolnshire facility to 58,000 sq. ft.—an investment that is expected to increase capacity by 50% and create new jobs to accommodate a wider range of services.
In 2017, over 200 youth participants gained valuable work experience at 38 sites across the county as part of Lake County’s Summer Youth Employment Program. Learn more about this important investment in the next generation of Lake County’s workforce here.
The Lake County Promise means access to global industry leaders such as Lake County-headquartered Takeda Pharmaceuticals and Abbott Labs, where company treatment of working mothers is award-winning.
Congratulations to the many Lake County-headquartered companies recently recognized among the top 25 most innovative by Crain’s Chicago Business.
Lake County now ranks sixth out of 102 counties in Illinois for health outcomes, and the healthcare sector currently employs nearly 27,000 workers—a number that is expected to grow 6.4% by 2020. In this new Economic Update, we examine how state-of-the-art facilities and technology coupled with excellent employment opportunities in the healthcare field are positively impacting the Lake County economy.
The suburbs are the new city center, and young professionals know it. Bloomberg reports on how Lake County's amenity-filled offices, affordability and top-ranked schools are luring in young talent.
Congratulations to mobile services provider Brightstar Corp. for announcing the company's decision to locate its headquarters and 340 employees at Innovation Park Lake County in Libertyville!
Medical instrument manufacturer Nypro recently celebrated its decision to add 60 jobs and double the size of its Gurnee facility to more than 170,000 sq. ft. to accommodate a Class 8 clean room, 45 injection molding machines and industry-leading innovation for product development and design!
Manufacturing is surging in Lake County, and as Crain's Chicago Business reports, it's largely a result of our strong talent, concentration of medical device companies, and "curb appeal".
Our latest Economic Update finds that retail vacancies in Lake County have hit a ten-year low as many retail storefronts find new ways to stay relevant in the changing consumer landscape.
We're excited to welcome our new Business Engagement Director, Dru Garcia, to the team! Get to know Dru here, and click here to schedule an appointment with her to tap into our business outreach services.
Lake County Partners is moving! We'll still be your partner in business, we'll just be in another Lake County location while serving you. Our new offices will be located at 1 Overlook Point, Suite 280, Lincolnshire, 60069.
Outdoor power equipment giant Echo Inc. has chosen to expand the company’s corporate headquarters in Lake Zurich to 585,000 sq. ft. Get the project details here.
Congratulations to Rosalind Franklin University of Medicine & Science on its Innovation & Research Park groundbreaking! Take an exciting digital tour of the facility here and read more about the project in this press release.
Several female Lake County business leaders, including Lake County Partners Board Member Libby Brunsvold of Takeda Pharmaceuticals, are teaming up to discuss ways to open doors and opportunities for women through the 3.8 program. Learn more about how the program will provide education, networking and support to create a pipeline of boardroom-ready female talent here.
Gurnee Mills has announced that $6 million will be invested in the property to enhance the visitor experience. Get a glimpse of the new project here.
The Lake County Promise guarantees top-ranking schools. Congratulations to Adlai E. Stevenson High School for being listed as one of the top three public high schools in the United States!
Great Wolf Lodge will invest $65 million to transform their new property in the Village of Gurnee. Get a sneak peek on the project here.
Congratulations to Sysmex America for the company's recent expansion of its reagent manufacturing facility in the Village of Mundelein! Sysmex America has exhibited double-digit growth in recent years, and this $24 million investment will almost double the square footage of the facility and increase production capacity by 80%. Read the full press release here.
Congratulations to Rosalind Franklin University of Medicine and Science in North Chicago for receiving a $2.8 million grant from the National Institutes of Health to advance breakthrough research on neurological repair.
Tourism drove $1.3 billion in spending and created 10,790 jobs in Lake County in 2016. Our latest economic update shows why crowds from across the region are still flocking to Lake County attractions and events to check off summer bucket lists.
Congratulations to young entrepreneur and SmartHealth Activator co-founder, Tianyi Joe Zhu, for being among the distinguies award recipients of the Outstanding 50 Asian Americans in Business. Click here to learn more about how SmartHealth has partnered with Rosalind Franklin University to pursue a $50 million Biotech Innovation Park.
Our latest e-newsletter is live, with updates on our Big Event, the Lake County Workforce Ecosystem, Millennials in the suburbs, recent business re-locations and expansions and more. Click here to enjoy it!
Special thanks to our partners at Lake County for capturing the essence of our recent Big Event in this video overview.
Talent was a fitting theme for this year's Big Event, as over 500 business and community leaders gathered for insights on county initiatives, macro-economic trends and demographic insights. Learn more in our press release.
See how the Lake County Workforce Ecosystem is helping businesses meet their needs in this Growing the Talent Economy video, recently unveiled at our Big Event.
Get a fresh economic outlook from Mesirow Financial's Sumit L. Desai in this recent presentation from the Big Event.
The economic incentives and minimal price increases for energy are just a few reasons why businesses choose to locate in Illinois. Learn more in this fact sheet from our partners at ComEd.
Our new Annual Report is now online, with stories from local professionals that perfectly illustrate why talent sets Lake County apart when it comes to doing business.
If you missed the Big Event or just want to relive it, check out our photo gallery of over 500 business and civic leaders networking and tuning in to a locally-tailored, inspiring program.
Big Event Keynote Speaker Matt Carmichael covered 25 trends in 25 minutes highlighting the demographic and consumer trends defining Lake County today. Click here to review his presentation.
There is a lot to see & do in Lake County for all ages this summer, and we're proud to work with our partners at Visit Lake County to enhance & promote it.
With Caterpillar's announcement of the company's upcoming move to Deerfield, this year's Fortune 500 List features 12 Lake County-based headquarters!
Congratulations to silicone medical device manufacturer Flexan for choosing to call a 70,000-sq. ft. building in Lake County home for 100 employees!
Get updates on Metra’s marketing, Dump the Pump Day, a shared-use mobility center and more in this TMA of Lake Cook Summer Transportation Update.
Lake County Board Chairman Aaron Lawlor says that our Big Event is a catalyst that brings business, government and non-profit leaders from across Lake County together to cultivate new opportunities to grow our local economy. Learn more about why you should register to attend here.
The new Baxter Innovation Lab at the College of Lake County will encourage collaboration and development that will enable Lake County to remain competitive in an increasingly global economy.
Lake County Partners is a proud sponsor of the BioPathways Entrepreneur Speaker Series at Rosalind Franklin University, bringing together prominent entrepreneurs, executives and venture capitalists in the biotechnology industry on a monthly basis.
Our latest economic update finds that Lake County high schools are award winning, and our students are more likely to graduate and continue their educations.
Waukegan High School students recently explored careers in manufacturing with local employers, and they used their graphic design skills to help publicize the event. Click here to read more, or see a video overview here.
Caterpillar's decision to locate its global headquarters in the Village of Deerfield can be seen as a nod to Lake County's deep talent pool and amenity-packed communities.
Millennials are hitting the housing market, and our new economic update shows that Lake County is ready for them and their preferences.
Lake County Board Chairman Aaron Lawlor recently met with Deerfield Mayor Harriet Rosenthal and our President and CEO Kevin Considine to discuss Caterpillar's announcement that it will be moving its global headquarters to Lake County. Get their insights in this video clip.
In this Crain's Chicago Business story on the Caterpillar headquarters announcement, Lake County Partners President & CEO Kevin Considine argues that the shift-to-the-city movement has been oversold, as suburban advantages continue to attract businesses and newly formed families.
As this Chicago Tribune article notes, Caterpillar's decision to locate in Lake County is a reminder that the suburbs compete for tenants because they offer unparalleled amenities.
Yet more data suggesting that young homebuyers want the same things as previous generations—those under age 36 are the most likely to purchase in the suburbs.
Lake County is proud to welcome Caterpillar, Inc. to the company's new global headquarters in the Village of Deerfield! Read our press release on the news here.
Caterpillar, Inc. has announced its decision to move the company's global headquarters to Lake County, in the Village of Deerfield, citing local transportation access and the strong workforce as key factors. Read more about their choice here.
Find updates on recent TMA of Lake Cook meetings, ways to save money, local events and more in this spring transportation update.
This new simple-to-use online guide can help your business understand how to get started in the Village of Deerfield.
Business growth depends on safe, smart and reliable electricity infrastructure and, as seen in this video, ComEd’s services help Lake County companies meet their needs.
Congratulations to Lake County-based Horizon Pharma for being recognized by Crain’s Chicago Business as one of the top 25 places to work in the region!
Booming business Rust-Oleum has announced the company’s plans to expand its facility in Lake County to accommodate an additional 108 workstations.
More than 350 students recently had the opportunity to meet with nearly 20 participating employers at the Lake County High Schools Technology Campus to pursue job opportunities in a variety of manufacturing fields. Click here to learn more about how the Workforce Ecosystem is connecting Lake County businesses to a pipeline of talent.
Rosalind Franklin University of Medicine and Science has announced plans to invest $50 million to construct an innovation and research park on its campus in North Chicago. Learn more about the anticipated economic impact here.
Nearly 4,300 Lake County businesses have participated in ComEd’s Energy Efficiency program, resulting in $24.2 million in business incentives. Learn more about how your business can benefit from local energy initiatives in this fact sheet.
Lake County's population is holding the line, likely due to a strong mix of assets including jobs, housing and schools. See how Lake County differs from its neighbors in this recent News-Sun article.
Get to know our new President & CEO, Kevin Considine, in this Q & A with the Chicago Tribune.
Check out our latest newsletter for highlights on recent economic development stories related to transportation, career development, municipal services, the Millennial generation in Lake County and more!
The Lake County Partners Board has named Managing Director Kevin Considine as new President & CEO as Michael Stevens accepts a position in Columbus, Ohio after 5 years with the organization.
Lake County high schools are again among the best in the nation. See the latest rankings here.
The high number of people both living and working in Lake County is a testament to the high quality of life, as illustrated in this News Sun article.
Our latest economic update finds that Lake County commuters are ditching their cars and enjoying shorter commute times than those in more urban areas!
ComEd has been recognized as "Best in Class," and the company plays a major role in Illinois' competitive energy market, where businesses can rely on smart grid infrastructure and extensive energy efficiency programs.
As the Millennial generation comes of age, the pendulum is set to swing back to the suburbs. For those taking a long-term view to workforce development and location strategy, our President & CEO Michael Stevens offers a few trends to note before counting the suburbs out.
See why our President & CEO Michael Stevens expects to see a major shift in Millennial migration to Lake County in the coming years in our latest press release.
We're forecasting continued growth in Lake County in 2017! Read more about the local economy in our latest economic update.
The New York Times reports that urban cities have reached their peak in attracting Millennials, and the generation is now seeking the suburbs.
We’re proud to be a part of workforce development in Illinois, a state that was recently recognized as among the top in the field by Site Selection Magazine.
Learn about how a recent grant from JP Morgan Chase has enabled us to assist Lake County businesses such as Mundelein-based Amcor with workforce needs.
The Village of Libertyville is successfully creating the city vibe in the suburbs, with an active and competitive social scene.
Lake County-headquartered Zebra Technologies is capitalizing on changes in the retail industry & offering innovative solutions for traditional department stores.
The Village of Buffalo Grove is embarking on a market study to plan for future economic growth in the Lake Cook corridor.
More than 160 students from 13 colleges and nearly 30 Lake County businesses participated in the 1st annual Engineering Internship & Career Fair that we co-hosted with the College of Lake County. Learn more about this unique event here.