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2020 Market Profile

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2020 Market Profile KANKAKEE COUNTY TOP EMPLOYERS TRANSPORTATION & INFRASTRUCTURE GENERAL MANUFACTURING LIFE SCIENCES FOOD PROCESSING FIBER: Dark fiber is accessible from multiple carriers. PUBLIC TRANSIT WATER: Aqua Illinois systemwide capacity totals 30 MGD. • Amtrak INTERSTATE ACCESS: Six I-57 Exits including new • River Valley Metro Bourbonnais Parkway interchange at Exit 318 bus service • Zagster bike share MARKET PROFILE AIR: Greater Kankakee Airport is the Chicago Southland’s largest regional airport, with the longest runway outside • Showbus rural KANKAKEE COUNTY, ILLINOIS Armstrong World Industries ........... 240 CSL Behring ...................................1,700 Van Drunen Farms ...................... 766 of Midway International, at 5,981 feet. As of 2017, GKA is bus service AAF Flanders .....................................171 MilliporeSigma ...................................77 Del Monte Fresh Produce Company 312 also home to a state-of-the-art, $65 million Illinois Army ITW Angleboard ................................160 OTHER Johnsonville ....................................300 National Guard Readiness Center and Army Aviation CLASS 1 RAIL Support Facility. J.R. Edwards Brushes and Rollers ....130 Urban Farmer LLC....................... 200 • Canadian National Crown Beverage Company ..............125 Silva International ........................171 Kankakee County is in close proximity to Midway Airport, IKO Midwest .....................................125 Gilster Mary-Lee Corporation ............110 which is drivable in 50 minutes and accessible by River • Norfolk Southern Edmund Allen Lumber Company ... 96 Bunge Milling .................................... 85 Valley Metro shuttle service, and O’Hare International • Union Pacific VanVoorst Lumber Company Inc ... 89 Plochman Inc ................................ 85 Airport, drivable in 60 minutes. Dayton Superior Corporation .............75 Dawn Food Products Inc ....................81 Electron Beam Technologies Inc ....61 FutureCeuticals .............................75 Momence Pallet ............................ 38 Olivet Nazarene University .............. 623 J.R. Short Milling Company ................75 Fibre Drum ................................... 36 Kankakee Community College ........400 Heartland Harvest ........................ 20 Vulcan Materials Company................ 33 Kankakee Nursery .......................128 K.B. Cores .........................................125 TRANSPORTATION / DISTRIBUTION Greif Inc ............................................. 25 / LOGISTICS Aamstrand Ropes and Twines ........15 The Daily Journal .........................100 Ag Reliant Genetics ............................ 13 Aqua Illinois ................................100 Illinois Army National Guard .............106 IRON,STEEL & METALS INDUSTRIES E2i Systems Engineering ...............47 PLASTICS MANUFACTURING Baker and Taylor ............................. 540 A.N. Webber Inc .......................... 300 DHL ...................................................152 Nucor Steel ......................................500 XPO Logistics.....................................141 INCENTIVES Peddinghaus Corporation ............274 Vision Logistics ...........................105 Shoup Manufacturing ................. 200 Pactiv Corporation ........................... 229 Hoekstra Transportation .............. 115 BASED ON LOCATION, PROJECTS MAY BE ELIGIBLE TO PURSUE ONE OR MORE OF THE FOLLOWING: Stor-Loc ........................................ 65 ITW Zip-Pak .................................. 45 Pepsi Beverages Company ............... 64 • New Markets Tax Credits • Historic Tax Credits • Special Service Area or Business VanFab Inc ....................................41 Ring Container Technologies ............ 30 Fedex Freight .................................... 30 • Opportunity Zone Financing • C-PACE Financing District benefits Arctic Snow and Ice Control .............. 45 HEALTH CARE Swift Transportation .......................... 25 ABC Coating ...................................... 40 Spikeball .............................................10 • Tax Increment Financing • Film Tax Credits and related incentives Belson Steel Center and Scrap .......... 41 HOSPITALITY & RECREATION Dabrico Inc ....................................21 ENTERPRISE ZONE PROGRAM INCENTIVES FOR QUALIFYING PROJECTS: CHEMICALS MANUFACTURING In Kankakee County, enterprise zones provide valuable tools that • 5-year property tax abatement enable business to invest, grow and hire. Together, our community’s • Sales tax exemption on building materials two enterprise zones have seen the addition of nearly 6,500 jobs, • Free/discounted building permits Riverside Healthcare ................ 3,178 as well as more than $1 billion in capital investment in more than • Investment tax credit # Cigna Healthcare...........................1,200 1 IN THE MIDWEST 250 projects. • Machinery/equipment sales tax exemption 5-YEAR GROWTH Shapiro Developmental Center ......1,150 Dairy Queen .....................................139 • Utility tax exemption AMITA Healthcare ..........................1,069 Kankakee Valley Park District ........... 93 BASF ................................................. 167 Illinois Veteran’s Home ....................341 BrickStone Brewpub ......................87 Sherwin Williams (formerly Valspar) .150 Indian Oaks Academy ..................... 340 Bourbonnais Township Park District ..75 Dow Chemical Company ................... 60 OAK Orthopedics ......................... 115 Monical Pizza Corporation ............ 56 Leading Metro Locations index Q4 2019 Sun Chemical .................................... 50 Hilton Garden Inn .............................. 40 W.W. Henry Company LP ................... 40 Tivoli Ent., Inc./Classic Cinemas .........27 For available property information or custom data drill-downs for local workforce readiness, wages, demographics, consumer trends, BrickStone Production ...................14 cost of doing business, cost of living, recent expansions and development incentives, please contact the Alliance office. Bold indicates headquarters location. Area Development magazine currently ranks the Kankakee MSA #1 in the Midwest among 399 metros nationwide for 5-year growth in employment and earnings. Fargo in Momence filming image courtesy the Daily Journal LABOR FORCE & JOBS LEADING LOCAL INDICATORS EDUCATION & TRAINING TOP SECTOR GROWTH SNAPSHOT OLIVET NAZARENE UNIVERSITY KANKAKEE AREA CAREER CENTER # With more than 140 fields of study and enrollment of nearly KACC aims to meet the vocational/technical education needs INDUSTRY RANK % GROWTH NET NEW JOBS 5,000, ONU is ranked as one of the Best Colleges for 2019 by of the regional high school students. The underlying function 1 INILLINOIS #6 IN USA U.S. News & World Report. This is the Bourbonnais university’s of the career center is to prepare students to select viable Health Services & Private Education ...................1 ........................8.90% .........................800 COST OF DOING 14th consecutive year for inclusion on this prestigious list. career paths and to obtain the training and skills essential for SMALL METRO FOR JOB continuing education and/or the job market. Manufacturing ......................................................15.......................5.90% .........................400 & TECH GROWTH BUSINESS Information ...........................................................25 ..........................0 ...............................0 2013, 2014, 2016 - 2019 Trade Transportation and Utilities ......................111 .........................1% ............................ 100 TOTAL EMPLOYMENT: 47,300 .............................................. 0.90% .................... 400 *Among 281 small metros. Source Headlight Data Dec. 2019 LABOR FORCE DRIVE TIMES 2 BILLION+ ONU’s ABET-accredited Martin D. Walker School of Engineering has seen strong growth over the last decade, now offering 2014-2019 MAJOR nine concentrations, including Architectural, Chemical, Civil, Computer, Electrical, Mechanical engineering. New for 2019- GRUNDY LIVINGSTON KANKAKEE CAPITAL INVESTMENT 20: Data Science program and Cybersecurity Defense major. WORKFORCE BOARD Cook KANKAKEE COMMUNITY COLLEGE The GLKWB is responsible for investing $2 million annually in KCC has award-winning and accredited programs to train support of local workforce training. the workforce and prepare students to transfer to 4-year The organization secured and administers a $216,332 Illinois Will universities and complete bachelor’s degrees. Lake Talent Pipeline Grant from the Illinois Department of Commerce Grundy The college builds its career programs with input from advisory & Economic Opportunity to upgrade the skillset of current Kankakee committees made up of local business and industry. As a direct employees in order to to support expansion. 30 MIN. County Newton 93% 841,352 result, the Industrial Machinery Registered Apprenticeship Over the past two years, GLKWB has supported local 45 MIN. Livingston Iroquois OF U.S. AVERAGE COST OF LIVING INDEX program began in 2018. Similarly, the electrical engineering employers by providing nearly $100,000 in training funds to technology program prepares students for renewable assist employers in their upskilling efforts. 2,843, 366 energy careers including solar, wind and geothermal. The Ford new Advanced Technology Education Center—a LEED Gold building—provides the training space. Source: U.S. Census Bureau, OnTheMap application
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