Resource Category: Government

2025 is already well underway with huge economic development news. Chicagoland has been named the #1 U.S. location for corporate relocation and investment for the 12th consecutive year. Our president and CEO Kevin Considine has been appointed the Chair of the Greater Chicagoland Economic Partnership. The Chicago Tribune has taken note of Lake County’s flurry of activity in a recent story. We are staffing up, looking to hire 2 new positions to keep up with the action. And finally, we sit down with CMAP’s Erin Aleman to discuss recent successes in the region, and what’s next for the planning agency.

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We’re ending 2024 on a high note, with big news showcasing Chicagoland and Illinois’ prominence in life sciences and biotech. Also, we highlight the 20+ year success of nonprofit Reading Power, and a recent ribbon cutting for a Pizza Ranch in Round Lake Beach. Finally, gear up for the Hospitality and Retail Summit, slated to be held in March. We’re also fortunate to have a sit-down with Intersect Illinois’ new president and CEO, Christy George. See what she has to say for economic success in Illinois, and the key industries expected to grow.

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This month’s newsletter goes in-depth on the business decisions driving companies like Sysmex, Hollister, AbbVie, Medline, CDW, Baxter, Real Wheels and ACCO Brands to expand in Lake County. Also, meet Jim McConoughey, the new Director at the College of Lake County’s Manufacturing Alliance. We discuss how the Manufacturing Alliance will drive innovation and workforce development.

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Rosalind Franklin University’s Helix 51 biomedical incubator celebrated five years of operations with the entry of five new companies, bringing the roster of startups to twelve, including its first international representative. Hear from Michael Rosen to discover why so many growing biotech companies choose to be in Lake County. Also, tap into talent with initiatives like the new Career Navig8 and the many offerings coming up at the College of Lake County for Manufacturing Month this October. And finally, enjoy a recap of our recent Invested Together event.

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Lake County and Chicagoland are at the top of the charts for biopharma clusters and exporting in the U.S. See why, and go behind the scenes of booming nonprofit GiveNKind – a company that has grown 92% in the last year. Also, meet Ty Kovach, the Executive Director at the Lake County Forest Preserve District, and see how businesses are pitching in to protect open space and preserve Lake County’s legacy.

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In the first half of 2024, LCP has celebrated huge business wins including investments made by Medline, Valent BioSciences, OCM and T5 Data Centers. This newsletter does a deep dive of recent stories and metrics, and also highlights the changing face of healthcare in Lake County. Plus, meet local entrepreneur and career pathways evangelist Sue Dickson as she talks about her innovative program, Give Me 10.

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LCP joined local officials in celebrating major expansions in Lake County – including Valent BioSciences in Libertyville and T5 Data in Grayslake. Also, we’re recapping the powerful stories that emerged from our Big Event, and showcasing our award winner, Josh Fischer at Fischer Paper Products.

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Business growth is in full force this month, and Chicagoland is once again ahead of the trends. Get the latest on Smalley Steel Ring’s expansion, our thoughts on the Greater Chicagoland Economic Partnership, a data dive revealing why young talent is moving to the region, your tickets to the Big Event and a Q&A with Wight & Company’s Megan Zack, who weighs in on the latest trends in sustainability.

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