Also in August, Tyson Foods, Inc. announced a $180 million expansion of its Caseyville facility to boost production of snacking and breakfast items under its Hillshire Farms and Jimmy Dean brands. The expansion will add more than 250 new jobs. Production is expected to start this fall, with the 170,000 square foot expansion set to be completed next summer.
“Tyson’s decision to expand in Illinois speaks to our strengths in manufacturing, our world-class infrastructure, and our abundant – and highly talented – workforce,” Illinois Governor JB Pritzker said in a statement.
Tyson already employs more than 4,000 people in Illinois, including nearly 300 in Caseyville. The company said it generated more than $933 million worth of economic impact in Illinois last year. The expansion received an Economic Development for a Growing Economy (EDGE) tax credit, which stipulates investing at least $130 million and creating 220 jobs over two years.
Meet Economic Driver: Smita Shah, Founder & CEO, SPAAN Tech Inc.
Welcome to our latest installment of our Economic Drivers series profiling AANHPI business leaders for May’s Asian American, Native Hawaiian, and Pacific Islander Heritage Month! We’re deeply honored to spotlight Founder & CEO of SPAAN Tech Inc. and Illinois EDC Board Member Smita Shah, who is a proud lifelong Illinoisan. As you’ll quickly learn, her story is one worth your attention.
Meet Economic Driver: Gil Quiniones, President & CEO, ComEd
We’re excited to continue on in our Economic Drivers series by highlighting ComEd President & CEO and Illinois EDC Board Member Gil Quiniones. It’s the final week of May—Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month—so take a minute to check out our latest Data Detective, too, for a deep dive into AANHPI immigration into Illinois!
Behind the Numbers: What Illinois’ Quantum Talent Data Reveals
The Illinois EDC Economic Research Center recently collaborated with industry experts at the Illinois Quantum and Microelectronics Park (IQMP), the Chicago Quantum Exchange (CQE), and the Illinois Science & Technology Coalition (ISTC) on ISTC’s most recent Index Insights report, “Mapping Illinois’ Quantum Talent Pipeline: A Framework for Defining Quantum-Relevant Degrees and Certificates,” released May 21,…
