Q1 2016 Economic Developments Newsletter

The Lake County Partners Quarterly E-Newsletter: April 2016

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Click here to see the economic indicator charts from the April 2016 newsletter.

Save the Date for Lake County Partners’ Big Event!

Join hundreds of business and community leaders as we collectively work towards strengthening, sustaining and leveraging Lake County’s business assets at our upcoming “Big Event,” to be held in the morning on Friday, June 3rd at the Lincolnshire Marriott Resort, located at 10 Marriott Drive in Lincolnshire. This event sold out in 2015, so don’t miss your opportunity to attend this year! Register for the event online here.


Lake County Partners is proud to announce that renown author Joel Kotkin will serve as the event keynote speaker. Kotkin has been described by the New York Times as “America’s uber-geographer,” and in April he is set to release The Human City, a new book on the important role that the suburbs play in economic development. Immediately following the Big Event, Kotkin will be available for a book signing.

Lake County Partners would like to take this opportunity to thank our Gold Level Sponsors for their support of the Big Event: 

There are additional event sponsorship opportunities still available! Click here to learn more about how you can support this annual event and be recognized.
 

What’s New for Lake County Partners in 2016?

With the generous support of our investors, Lake County Partners made great strides in 2015 to advance many of the objectives recommended by the Comprehensive Economic Development Strategy (CEDS) related to workforce development, coordination and marketing/public outreach. We are building on this significant groundwork and continuing to expand our services in several key areas.

Better Business Outreach

Lake County Partners has implemented a groundbreaking partnership with the Lake County Workforce Development Department and the Workforce Investment Board to provide outreach services and ensure that existing local businesses have what they need to thrive. As a part of this effort, Lake County Partners has met with senior leadership at over 100 local businesses in the manufacturing, professional services, BioPharma and healthcare industries to discuss Lake County’s business climate and address specific needs.

This program is ongoing, and Lake County Partners staff is available to meet with businesses at their convenience to provide support and facilitate connections with local stakeholders. To schedule a visit or learn more about our business outreach efforts, contact Kevin Considine, Managing Director of Existing Business Outreach and Strategy, at kconsidine@lakecountypartners.com or 847-597-1226, or click here to request additional information. 

More Municipal Services 

In early 2015, Lake County Partners formed the Municipal Economic Development Advisory Group to provide a quarterly forum with information on topics of interest that can assist municipal staff with their economic development efforts. These meetings coincided with the quarterly dissemination of over 200 customized reports with key data that municipalities can use to attract business. Lake County Partners also invested in analytical tools that have improved the organization’s ability to connect with and refer potential leads and assess the economic impact of proposed projects.

Based on positive feedback from participants, Lake County Partners is continuing the meeting series and new method of data reporting in 2016. Upcoming meetings will be held at the University Center on June 22nd, September 14th and December 7th. To learn more and get involved, contact Barbara Prusila, Economic Development Manager, at bprusila@lakecountypartners.com or 847-597-1230.

Long-term Leadership in the County

In partnership with its economic development investors, Lake County Partners launched Leadership Lake County to attract and retain young professionals, aged 22-39, in Lake County. The initiative is overseen by a steering committee of young professionals from prominent businesses located throughout Lake County, and the group has been meeting over the course of this year to better understand young professionals’ role in the local economy.

The steering committee has led focus group discussions with young professionals and human resource professionals at companies throughout Lake County, and the group is in the process of aggregating the feedback to share findings with local stakeholders.  To learn more, contact Barbara Prusila, Economic Development Manager, at bprusila@lakecountypartners.com or 847-597-1230. Additional information on the initiative can also be found on the Leadership Lake County Facebook page and Twitter feed.

Lake County Partners is able to provide these important services because of the generous support of our investors. To discover how your company can invest in Lake County Partners, benefit from our services, and support our efforts to enhance the business climate in Lake County, submit your interest online here.


Business Spotlight: Little Lady Foods in the Village of Gurnee 

Lake County Partners’ Business Outreach Program has resulted in specific feedback that has identified a clear relationship between a strong workforce and long-term economic development success. One such example of this intersection can be seen at Little Lady Foods in Gurnee. The company currently has operations in both Elk Grove Village and the Village of Gurnee and recently determined that one of these facilities would undergo a $30 million modernization that would create 30 new jobs.

Representatives from Lake County Partners, the Workforce Development Department, the College of Lake County (CLC), the Village of Gurnee and the Illinois Manufacturing Excellence Center worked together to assemble a creative solution for the company which revolved around Lake County’s strong workforce and the College of Lake County’s top-notch Mechatronics program. Specifically, the Workforce Development Department will be provide on-the-job-training grants for the new hires from CLC as well as subsidized training for approximately 60 of the company’s existing employees. The Village of Gurnee also pledged to efficiently work through the complex permitting for the facility. This cross-organizational cooperation resulted in Little Lady Foods selecting the Gurnee facility to receive the modernization dollars and additional jobs.


Thank you to Our Board of Governors!

Lake County Partners benefits from the leadership of a Board of Governors that represents a diverse group of professionals from businesses and organizations throughout the county. We would like to thank the following outgoing Board Members for their service and dedication: Darade Collins, Suzanne Zupec, and Marvin Bembry, who served as Vice Chair of the Board in 2008 and Chairman of the Board in 2009 and 2010. We would also like to take this opportunity to welcome two new members to our Board: Jeff Anderson and Kevin Myers.

Jeff Anderson is the President and Chief Executive Officer of the Lake Forest Graduate School of Management. Prior to joining the School in October 2014, Mr. Anderson served as an Associate Dean for Leadership Development at the University of Chicago’s Booth School of Business. He is also a co-founder and partner at The Chatham Group, a consulting advisory firm that he launched in 2003. Lake County Partners will benefit from Mr. Anderson’s extensive experience working with senior executives in the distribution, consumer product, energy, investment banking, consulting, telecommunication and automotive industries.

Dr. Kevin Myers currently serves as the Superintendent of Mundelein High School District #120. Dr. Myers has over 24 years of experience in education, having previously worked at Streator Township High School, Indian Prairie, Indian Plains High School and in the East Chicago, Indiana community. While at Streator Township High School, Dr. Myers facilitated the support of city, county, and state officials to gain approval for a solar energy project that created jobs in the community and $900,000 in revenue for the school district. He also worked with the school board and community members on the development and implementation of a five-year district strategic plan based on community and staff input. In addition to his district level educational responsibilities, he managed a budget that received the highest recognition status from the state.
 

Ignite Business Growth at the Upcoming Small Business Success Event

The Illinois Small Business Development Center and the College of Lake County will host the Small Business Success Event on May 5th at the Holiday Inn Gurnee Convention Center. The purpose of the meeting is to provide entrepreneurs and business owners with cutting-edge business strategies, tools and resources. Congressman Bob Dold, Lake County Board Chairman Aaron Lawlor and Lake County Partners’ President and CEO Michael Stevens are scheduled to speak at the event. Click here to learn more and register to attend.

 

Loyola University Chicago Launches Educational Partnership Program

Recognizing the importance of continuing education, Loyola’s Educational Partnership Program offers a 10% tuition reduction for employees of partner companies. Loyola is dedicated to delivering premier educational experiences at several academic levels, ensuring graduates are prepared for subsequent career paths through more than 140 graduate, professional, certificate, and degree-completion programs.

Many of the professional degree and certificate programs approved for the Educational Partnership Program are now offered locally at the Cuneo Mansion & Gardens, 1350 N. Milwaukee Avenue, in Vernon Hills, including the Masters in Business Administration (MBA), the Bachelors in Management, and Bachelors in Applied Studies.

For more information on how your company can join Loyola’s Partnership Program, please request more information at corporate@luc.edu or contact Dr. Janet Deatherage at jdeathe@luc.edu or 312-915-6512.
 

 

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