Learn more about relocating or expanding to Illinois

Illinois business climate, manufacturer incentives, and advantages of IL communities

Relocate or Expand to Illinois - U.S. Industrial Expansion & Relocation Guide for Manufacturing Companies - Learn more about the Illinois business climate, manufacturer incentives, and advantages of IL communities. Helping decision makers at U.S. manufacturing establishments find new locations to relocate or expand.
Illinois Business Data*

Illinois

Population: 12,910,409
Total Labor Force: 6,549,100
Unemployment Rate: 8.7%
Number of Manufacturers: 17,661
Manufacturing Jobs: 782,588
Right to Work: No
Unemp. Ins. Tax: .708.4%
 
Corporate Income Tax:
9.50%

Sales Tax:
6.5%. Exemptions include: Machinery & equipment used in manufacturing.

Property Tax:
Real property is assessed at 33.4% of market value, except in Cook County where industrial assessment is 36% and commercial assessment is 38%. No state tax on personal property.

Leading Manufacturing Industries:
(by % of total manufacturing employment)
17% Industrial machinery and equipment
12% Food and kindred products
12% Fabricated metal products
8% Printing and publishing
8% Rubber and miscellaneous plastic products

Largest Manufacturing Establishments:
(by number of employees)
Caterpillar, Inc., Engine Div. (Mossville) - 4,950
Chrysler Group, LLC (Belvidere) - 4,887
Archer Daniels Midland Co. (Decatur) - 4,500
Abbott Laboratories, Global Pharmaceutical Opers. (North Chicago) - 3,400
Continental Tire The Americas (Mount Vernon) - 3,200
 
Counties with the Most Manufacturing Jobs:
Cook - 301,790
DuPage - 83,645
Lake - 58,045
Kane - 49,021
Winnebago - 31,630

Cities with the Most Manufacturing Jobs:
Chicago - 106,862
Elk Grove Village - 20,249
Rockford - 19,222
Decatur - 12,695
Wheeling - 12,094

Manufacturing Related Business Incentives:
Economic Development for a Growing Economy Tax Credit Program (EDGE)
Tax Increment Financing (TIF) Districts
River Edge Redevelopment Zones
0.5% corporate tax credit for investment in mining, manufacturing or retailing, plus an additional 0.5% if employment increases over 1%.
Manufacturer's Purchase Credit (MPC) (Sales Tax Credit)
Illinois Dept. of Agriculture AgriFIRST Grant Program
Advantage Illinois Capital Access Program (CAP)
Advantage Illinois Participation Loan Program (PLP)
Collateral Support Program (CSP)
Invest Illinois Venture Fund Program (IIVF)
Department of Commerce and Economic Opportunity (DCEO) Community Development Fund
Community Service Block Grant (CSBG) Loan Program
Enterprise Zone Participation Loan Program (EZ/PLP)
Illinois Finance Authority (IFA)
Manufacturing Modernization Loan Program
Revolving Line of Credit Program (RLCP)
High Impact Business (HIB) Program
Large Business Development Program (LBDP)
Employer Training Investment Program (ETIP)


Economic development agencies, chambers of commerce, and other organizations and businesses to help with your relocation or expansion:

Aurora Area Convention & Visitors Bureau
The Aurora Area Convention & Visitors Bureau is a private non-profit destination and marketing organization whose mission involves promoting our area to the traveling public, facilitating and encouraging the development of 'new' and the enhancement of existing tourism related products & services and educating our various publics about the value and impact of tourism as a revenue generator and job creator for our local community and the state of Illinois.
43 W. Galena Blvd., Aurora, IL 60506 (Map & Aerial View)
(630) 256-3190
www.enjoyaurora.com


Far South Community Development Corporation
Through planning & collaboration with private developers, governmental entities & other stake holders, the Far South Community Development Corp. (Far South CDC) strives to facilitate & foster quality retail businesses meeting the needs of the community, new industrial uses & new rehabilitated commercial & residential real estate developments that will create jobs & improve the quality of life for all people who live & work in its service area.
9923 S. Halsted St., Ste. D, Chicago, IL 60628 (Map & Aerial View)
(773) 941-4833
(773) 941-5252 Fax
www.farsouthcdc.org


Quad Cities First
Quad Cities First is the lead Bi-State economic development organization for Eastern IA & Western Illinois. Our centralized region, the only place in North America where the Mississippi River & Interstate 80 intersect, offers multi-modal transportation affording easy, cost-effective access to domestic & international markets.
622 19th St., Moline, IL 61265 (Map & Aerial View)
(563) 327-0160
www.quadcitiesfirst.com




Looking to reach Illinois manufacturers? Access the Illinois Manufacturers Database compiled by MNI.



*Manufacturing stats updated on 3/18/2014. All other stats updated on 3/18/2014. Listings updated on 4/23/2014.

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