Home > News & Events > Page 3

News & Events

The Economic Alliance works dilligently to report in a timely manner on things like local business expansion, new business development, new and enhanced development incentives, economic news and other items of interest to our community investors and investor prospects.

Sign up for our e-newsletter today to receive the Economic Alliance’s quarterly reports. For more regular updates, connect with us on Twitter and LinkedIn and follow our news feed.

News Feed

Tuesday, August 15, 2017

Hoekstra Transportation Doubles Space at New Kankakee Site

Hoekstra Transportation is growing. After 25 years at its current location in St. Anne, Illinois, the company is moving to Kankakee’s Eastgate Industrial Park. “We’re going from 15,000 square feet to about 32,000 square feet,” said company President Steve Hoekstra. The move will allow the company to better serve its employees and customer and position for future expansion.

Read More

Friday, July 7, 2017

CSL Behring Purchases Bunge Property

CSL Behring has purchased the neighboring 74-acre shuttered Bunge Edible Oil property along Illinois Route 50 in Bourbonnais Township. The acquisition, a move made to build capacity for future expansion of the global bioscience firm in Illinois, means the company will own 138 prime acres at the southwest section of Armour Road and Illinois Route 50. Bunge ceased edible oil production at the end of 2016.

Read More

Tuesday, June 27, 2017

Urban Farmer Plans Manteno Expansion

Established in 2013, Manteno-based gluten-free, non-GMO and organic pizza maker Urban Farmer has 50 employees and has expanded to two shifts, five days a week. It also plans another expansion at the 10-acre site within the next year. And, in December, the company purchased the Peotone-based Teresa’s Pizza, a low-cost frozen pizza found in many Midwest grocery store.

Read More

Tuesday, May 9, 2017

WorkKankakee.org Relaunches with Improved Navigation, Content

With steady corporate expansion, Kankakee County consistently led Illinois metropolitan areas in associated job growth in the first quarter of this year. Among small Illinois metros, the community has led three of the past four years in job as well as technology growth, according to Milken Institute. To better connect the Greater Chicago region with the wealth of employment and training opportunities throughout Kankakee County, the community has relaunched WorkKankakee.org with improved content and navigation for students, parents and educators as well as current job seekers.

Read More

Tuesday, January 24, 2017

Kankakee County Positioned in Top 10 Nationally for Millennial Growth

A report issued January 23 by leading location advisory, economic incentive and corporate real estate services firm Site Selection Group places the Kankakee Metropolitan Statistical Area (MSA) – which shares boundaries with Kankakee County – among the nation’s top 10 metros positioned for growth of the millennial demographic. Using data provided by Claritas, Dallas-based SSG’s “The Best Metro Areas for a Talent Pipeline” forecasts that the Kankakee MSA will experience 6.1% growth of the millennial population – classified by the firm as the post-college population under 35 – from 2016 to 2021.

Read More

Monday, January 23, 2017

Food Innovator FutureCeuticals Expands Momence, Illinois, Headquarters

Leading food innovator FutureCeuticals Inc. announced last week a $2 million, 14,700 square foot expansion of its headquarters operation in the Greater Chicago community of Momence, Illinois. According to the company, which holds more than 50 patents for functional food ingredients, the additional space will house its 50 to 60 member sales, customer service and marketing force. Another 20 to 30 employees are expected to be hired within the next 12 to 24 months.

Read More

Tuesday, January 10, 2017

2016 Major Projects Yield More Than $120M in Capital Investment

In terms of growth in the local industrial, institutional, military, utility, multifamily residential, infrastructure and commercial markets, 2016 projects announcements in Kankakee County in 2016 are projected to yield $120,700,000 in capital investment, 699,290 square feel of new space and 904 new jobs.

Read More
1 2 3 4 5 15