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Annual Report 2015

1 TABLE OF CONTENTS

Chaired by Mayor Rahm Emanuel, World Business drives regional economic growth. WBC collaborates to create jobs, cultivate talent, and put Chicago at the forefront of the global economy.

A unique public-private partnership, WBC engages business and community leaders to advance Chicago’s 4 LETTER FROM THE CHAIRMAN 46 INNOVATION Plan for Economic Growth and Jobs. 5 LETTER FROM THE VICE CHAIRMAN, 56 PROGRESS AND PRESIDENT & CEO 59 FELLOWSHIP PROGRAM 6 WBC IMPACT 60 BOARD ACKNOWLEDGEMENTS 12 SUCCESS STORIES 65 FINANCIALS 32 NEW AND EXPANDING COMPANIES 67 PHOTO CREDITS & CONTACT 38 GLOBAL REACH

40 INTERNATIONAL DEVELOPMENT

3 LETTER FROM THE CHAIRMAN LETTER FROM THE VICE CHAIRMAN, AND PRESIDENT & CEO

Mayor Rahm Emanuel Michael Sacks and Jeff Malehorn

Since I took office in 2011, my administration has announced It is essential that we remain competitive in order to continue to In 2015, World Business Chicago (WBC) worked with an WBC and Chicago Sister Cities International (CSCI) continued to nearly 40,000 new jobs from 160 companies, including nearly 40 bring companies—and jobs—to Chicago. In 2011, I tasked World impressive number of partners and businesses, continuing to make work to strengthen Chicago’s international business and cultural headquarter moves to Chicago. World Business Chicago’s work has Business Chicago with creating a plan to drive growth throughout an economic impact in and around Chicago. WBC’s core activities relationships with countries such as China, Italy, and Mexico. been integral to this growth as we strive to make Chicago the most the city and region. included retaining, creating and attracting businesses and jobs We were honored to organize business and cultural exchanges business-friendly city in the nation, and assure that companies and connecting people to markets through initiatives. with leaders and delegations from across the globe. succeed throughout the city and its neighborhoods. The following annual report highlights how our economic growth plan is impacting the city through business development, Our success last year, as always, is largely attributable to the Under the leadership of Mayor Emanuel, and with the tremendous Today, Chicago is among the world’s most competitive cities for neighborhood development, talent development, and more. fundamental strengths of Chicago. However, our staff, our board support of our board and partners across Chicago, WBC’s reach business. Our economy rivals nations, and is the most diversified in and the myriad of partners we work with are critical and we thank continues to evolve. With plenty of need and plenty of good work the . Companies continue to locate and expand in the I invite you to read about the impact our plan has made so far and all of you. ahead of us, WBC will continue to work hard to create opportunity city, noting Chicago’s tremendous talent pipeline, easy access to encourage you to get involved. Our city’s future is dependent on our and capability across the city. In particular, we look forward to the world, and business climate. collaboration for inclusive economic growth. We are pleased that the efforts growing out of the Plan for working with the Mayor, Deputy Mayor Steve Koch and their Economic Growth and Jobs, including 1000 Jobs for Chicagoland teams, and newly appointed Deputy Mayor Andrea Zopp to drive Our city is a top five international business destination; our thriving Manufacturing, Chicago Anchors for a Strong Economy (CASE) and inclusiveness and opportunity for neighborhoods across the city. central business district is surrounded by diverse neighborhoods Sincerely, Metro Chicago Exports (MCE), have truly begun to impact the city that reflect the globe. We are a hub of innovation with an and region, increasing the metro area’s competitiveness and footprint. We invite you to read our annual report for a detailed understanding unmatched quality of life and competitive cost of doing business. of our efforts and once again would like to thank our partners In 2015, Chicago was named the Top Metro for corporate investment throughout the region for their collaboration. Rahm Emanuel for the second year in a row by Site Selection Magazine, as we Mayor, City of Chicago tracked a record number of business expansions and corporate

relocations. WBC is proud of our work in this arena. Sincerely,

Last year we saw companies including ConAgra, Echo Logistics, Glassdoor, Kraft , Solutions, and more commit to adding jobs in the city. A number of factors including close collaboration with innovation centers, the proactive identification and recruitment companies, and strategic recruitment programs targeting Michael J. Sacks key industries such as advanced manufacturing, e-commerce, Jeff Malehorn Vice Chairman President & CEO biotech, medtech, and food, were critical to our success.

4 5 WBC 2015 IMPACT

332 13,407 +73% 287 Businesses Assisted Job Connections Media Mentions Partners

Through one of WBC’s programs, including corporate Jobs created, retained, placed, and committed to 2014-2015 change in mentions of “World Business Relationships with external person or company, connections, referrals to service providers, grant recipients, (at time of announcement) as a direct result of a WBC Chicago.” Top tier is classified as media outlets with not including volunteers, who is vested in the success technical assistance, relocation and expansion services, program or initiative. readership >250,000. of a WBC program or initiative. recruitment services.

7 NEIGHBORHOOD IMPACT OF WBC PROGRAMS & INITIATIVES

Map reflects:

76 expansion or relocation projects accounting for 12,943 jobs WHY COMPANIES CHOOSE CHICAGO 224 Chicago Anchors for a Strong Economy (CASE) participants – Generated more than $9 million Workforce/Talent in new contracts since its inception in 2014 Metro Chicago Export (MCE) grant recipients – Awarded $225,000 to 54 businesses to advance exports Access to Markets 1000 Jobs for Chicagoland Manufacturing companies (79) and 5 host organizations – Placed 361 people in manufacturing jobs and 148 in training programs Quality of Life Chicago Sister Cities International (CSCI) community projects – Hosted more than 100 events, exchanges, and initiatives in 2015 Central Location

Diverse Economy

Data is for 2015 only. Map includes business development assisted projects, financial assistance provided by WBC initiatives, including MCE (grants); and WBC capacity-building and training programs, including CASE (suppliers and anchor institutions), I000 Jobs (employees placed through the program, Includes data (where disclosed) for companies that expanded in 2015. companies with placements and host organizations), and CSCI (neighborhood community services). Multiple expansion reasons may be reported for individual projects.

8 9 Success Stories

10 11 ÄKTA

Two Chicago neighborhoods, the Heart of Chicago Amazon’s presence in Chicago has had a great impact Chicago-based digital design and engagement consultancy, on the South Side and on the North Side on the city, creating approximately 250 new jobs, including ÄKTA, moved to 205 West to accommodate “ÄKTA experienced tremendous growth over (pictured above), became home to new Amazon distribution 150 distribution jobs and 100 office jobs in a new space its rapid growth. The new two-floor, 18,000-square-foot the last five years and this new headquarters centers in 2015. The 51,970-square-foot Goose Island located at 227 West Monroe Street. The new distribution headquarters and Innovation Center in Chicago’s Loop distribution center marked the e-commerce giant’s first centers in densely-populated areas create jobs within quadrupled the size of its previous office. Founded as a represents the next chapter of our story. facility in . Shortly after the facility opened, Amazon Chicago’s neighborhoods, while allowing Amazon to get UX/UI design firm, ÄKTA has grown to a full-service mobile We are creating one of the city’s most leased approximately 150,000 square feet of a South Side closer to its urban customers. and digital experience consultancy. Named to the 2014 and pioneering work spaces as an investment in warehouse at 2801 South Western Avenue in order to 2015 Inc. 5000 list of fastest-growing private companies our team and in Chicago, as an epicenter of reach customers faster and more efficiently. in the U.S., ÄKTA doubled in size in 2015. In September, after its move, ÄKTA was acquired by Salesforce to growth and innovation in the tech industry.” help support the technology leader’s focus on digital John Roa - CEO, ÄKTA transformation for its customers.

12 13 AVANT BUCKETFEET

Avant, an online marketplace lending platform, signed a BucketFeet, a footwear company on a mission to connect long-term lease for approximately 80,000 square feet at 222 “Chicago has the right climate for people through art, expanded to a 5,000-square-foot space at “Chicago is the perfect place for BucketFeet North LaSalle Street. The location serves as the new home 401 North Morgan Street, a newly renovated manufacturing a tech-based startup to succeed. to do business and grow. Chicago as a of Avant’s headquarters, which has been based in Chicago complex called Morgan MFG in the Fulton Market district. since the company was founded in 2012. Avant’s business We’re seeing top talent that may Chicago-based BucketFeet initially worked out of startup city and culture has always been very model is driven by big data and machine-learning algorithms have started their careers in other incubator space Catapult in River North. Founded in 2011, collaborative and people here are always that have transformed the traditional personal loan process. BucketFeet has raised more than $16 million in funding cities begin to flock here.” very supportive of each other. There’s a To date, $1 billion in loan originations have been issued since then. The company works with 20,000 artists from ton of alignment between what our brand through the Avant technology platform, providing funding Al Goldstein - CEO, Avant 100 countries and chose to stay in the neighborhood that is for more than 200,000 customers. Avant continues to attracting innovative companies such as Google, Threadless, represents and what this city represents.” strengthen the city’s reputation as a major tech hub across Twitter, and Uber. Raaja Nemani - Co-Founder and CEO, BucketFeet the country.

14 15 CENTRO CONAGRA

Centro, a provider of enterprise-class software for digital In July 2015, ConAgra Foods announced the relocation advertising, signed a multi-year lease to occupy 70,000 “Building a beautiful physical environment “Locating our headquarters and our of its headquarters from Omaha, Nebraska to Chicago. square feet in Chicago’s landmark Loop building, the Sullivan is critical to creating and maintaining a largest business segment in Chicago Approximately 700 employees will relocate to 200,000 square Center. The company plans to move its more than 250 local feet in the city’s , including the company’s happy, creative, imaginative and hard- places us in the heart of one of the employees to the new offices. Centro has created more than senior leadership team and certain functions of its consumer 150 new jobs in the city since 2010. The company has been working atmosphere. I’m excited for Centro world’s business capitals and foods business. ConAgra joins other food industry leaders cited by media outlets as one of the best places to work in to anchor a technology revitalization in the consumer packaged goods centers.” that recently located headquarter offices in Chicago Chicago. Nationally, it ranks as the eighth best workplace including ADM, , and Sara Lee/Hillshire Brands. among medium-sized businesses and the number one heart of the city in the Loop.” Sean Connolly - Chairman and CEO, ConAgra Foods The growing food industry is a large part of the region’s overall workplace in the advertising industry. Shawn Riegsecker - Founder and CEO, Centro economy; the industry includes 4,500 firms, accounting for 130,000 employees and $32 billion in sales. Chicago is one of the world’s leading destinations for food companies.

16 17 ECHO GLOBAL LOGISTICS GEMS WORLD ACADEMY

“Chicago is a world-class city and GEMS offers a world-class education that prepares students to compete in today’s global economy.”

Sunny Varkey - Chairman, GEMS Education

Echo Global Logistics announced the company will In 2014, the GEMS global network of international “Chicago is an emerging technology center more than double its workforce in Chicago, bringing its schools opened its first grade school in the United States, and provides unparalleled access to talent, total number of employees in the city to more than 1,600. GEMS World Academy (GWA) in Chicago. GWA Chicago, an The company is relocating more than 550 employees from international Pre-K-12 academy featuring an International expansive transportation options for our a corporate acquisition of Command Transportation, Baccalaureate-based program, is located at 350 East South employees, and a leading cultural scene who will join an existing 800 Chicago-based Echo employees Water Street. In 2015, GWA Chicago broke ground for phase — all of which matter to our growing at a single new office. The company also plans to add II, an adjacent 240,000-square-foot Upper School featuring up to 300 new positions. Founded in Chicago in 2005, state-of-the-art design. The Upper School will include a employee base.” Echo Global Logistics is a leading provider of technology- digital theater and media workshop, specialized laboratories Douglas R. Waggoner - Chairman and CEO, enabled transportation and supply chain management dedicated to astronomy, astrophysics, automation and Echo Global Logistics Echoics services. The company is headquartered in Chicago with robotics, and a 500-seat auditorium rivaling the top more than 30 offices around the country. learning centers around the world.

18 19 GLASSDOOR GOOGLE

Glassdoor, a global jobs and recruiting marketplace, Google moved into its new 300,000-square-foot office “Chicago is an ideal market to support announced plans to open a Chicago office, adding more “Our move to the West Loop neighborhood, located throughout 10 floors at 1000 West Fulton Market Glassdoor’s expansion with its central than 250 jobs in the city over the next three years. Glassdoor adding 52,000 square feet, signals Google’s in Chicago’s West Loop. After two years of renovating the employs more than 550 people worldwide and has raised offices, the company moved 650 employees to the innovative location and incredible talent pool. We look commitment to growing in the city and approximately $160 million to date. It recently surpassed 10 space in a former cold storage plant. The office is a major forward to becoming an integral part of million reviews, ratings, salary reports and other workplace anchoring its presence in the Chicago expansion and investment in Chicago for Google, which is Chicago’s business community and working insights for more than 445,000 companies around the globe. community...we look forward to all [we] will actively involved in philanthropic initiatives throughout the city. Chicago will be Glassdoor’s fifth office. with organizations such as World Business continue to do in the great city of Chicago.”

Chicago and Skills for Chicagoland’s Future.” Margo Georgiadis - President of Americas Operations, Google Robert Hohman - Co-Founder and CEO of Glassdoor, Inc.

20 21 GRUBHUB INTERNATIONAL EXPANSIONS

Grubhub expanded its Burnham Center headquarters Testament to Chicago’s position as one of the most connected “There is that Grubhub has (111 West Washington Street) by nearly 57,000 square “Chicagoans will now have a refreshing cities in the world, six air carriers announced, or began, new or benefited from being a part of the feet. The nation’s leading online and mobile food alternative when traveling to Iceland and expanded service from Chicago in 2015: ordering company occupied four floors in the Burnham generous Chicago community for more beyond, and Icelanders and Europeans • Icelandair, Iceland Center beginning in 2012 and went public in 2014. • Volaris, Mexico than a decade. We are proud of our roots Grubhub has grown to more than 680 employees in will have direct access to the vibrant and • Hainan , China as a Chicago born and bred technology Chicago, with the new space providing the room to historic city of Chicago...we look forward • China Eastern, China continue growing. The company’s platform allows • Finnair, Finland company.” diners to order directly from more than 44,000 takeout to welcoming Chicago aboard.” • Copa Airways, Panama Matt Maloney - Co-Founder and CEO, GrubHub restaurants in over 1,000 U.S. cities and London. Birkir Hólm Guðnason - CEO, Icelandair All of these expansions add to Chicago’s unparalleled access to the world, with more than 1,400 daily departures to more than 200 cities worldwide.

22 23 KRAFT HEINZ - LIVINGSTON INTERNATIONAL

“We are establishing a significant leadership presence in Chicago and expanding our suburban location to support the continued growth of our U.S. and international business. We selected Chicago because it is an international trade hub and it offers a large talent pool in areas strategic to our future.”

Steven Preston - CEO, Livingston International

Oscar Mayer announced that an estimated 250 employees Livingston International, a global logistics company focused “The Kraft Heinz Company saw an immediate will relocate from Madison, Wisconsin to the new Kraft Heinz on customs brokerage and trade compliance, located its opportunity to firmly establish our dynamic new headquarters in the Center (200 East ). new U.S. headquarters in Chicago. Livingston added 75 Earlier in the year, Kraft Heinz made a long-term commitment employees at its office in the historic Chicago Board of culture, based on meritocracy, speed, efficiency to Chicago, signing a 12.5 year lease for five floors in the Trade building (141 West Jackson Boulevard). Livingston’s and collaboration, in a new Chicago . Oscar Mayer was founded in Chicago in 1883; new U.S. headquarters will support its continued growth open-office space to support our next chapter the company made Madison its corporate headquarters in the U.S. market. The company chose Chicago for its in 1919. Oscar Mayer’s decision to return to Chicago highly skilled workforce, access to transportation networks, of growth while further strengthening our world- was in part due to the city’s talented workforce, world- and the diversity of the city’s economy. Livingston’s global leading brands.” class transportation network, and unmatched business headquarters is in Toronto and the company has a second environment. The move adds to the city’s strength as a U.S. office in Itasca, IL. Michael Mullen, SVP, Corporate & Gov. Affairs, The Kraft Heinz Company leading destination for food companies.

24 25 MEAD JOHNSON

“Our company began in this city eighty- seven years ago, and today we’re pleased to announce that our headquarters is coming home. This is another transformative step in ensuring a future of continued innovation, and will provide us with greater access to high-tech talent.”

Greg Brown - Chairman and CEO, Motorola Solutions

Mead Johnson, a leader in pediatric nutrition, announced that Motorola Solutions, a leading global provider of “Locating in of a vibrant, world- it will relocate its global headquarters in Chicago, bringing 250 innovative communications solutions for public safety class city and business hub like Chicago jobs to the city. Mead Johnson chose to locate in Chicago for and commercial customers, announced that it will relocate the city’s proximity to key agencies and service providers, easy its global headquarters from Schaumburg to Chicago, is consistent with our vision...Our new access to attractive, world-class amenities for employees and employing 1,100 in the city. Motorola Solutions will move downtown location will offer us advantages global visitors, the availability of public transportation, simple into 150,000 square feet of space throughout six floors at in terms of access to resources, employee and direct airport access, and a strong platform for recruiting 500 West Monroe Street. This move marks a return to the and hiring top talent. The company’s new global headquarters and visitor amenities, and our ability to city for the company, which was founded in Chicago will be located in the River Point Tower (ground breaking in 1928. Approximately 800 employees will be located attract and retain the very best talent.” pictured above) now under construction on the west bank at the new downtown headquarters and the company’s Kasper Jakobsen - President and CEO, Mead Johnson of the . customer briefing center. Motorola Solutions will also maintain its current 46,000-square-foot sales headquarters at 224 South Avenue.

26 27 PRESCIENT REVOLUTION BREWING

“It has been an exciting year for Prescient. “Chicagoans are enjoying a lot of Revolution Our move to Chicago has already resulted brews, and this expansion project gives in significant growth and opportunity for us the ability to keep that beer flowing our new commercial platforms. We have for many years. Revolution is leading a hired incredibly talented professionals who renaissance of Chicago’s great brewing possess the ability to take our platforms to culture and industry that has been part of the next level.” the city’s history since day one.”

David Walsh - CEO, Prescient hgdferi Josh Deth - Chairman of the Party, Revolution Brewing

Revolution Brewing, one of the fastest growing breweries in the country, announced the expansion of its Avondale production facility located at 3340 North Kedzie Avenue. The brewery Prescient, an international risk management and technology expanded into the neighboring space within its building, company, opened its global headquarters in Chicago. boosting plant capacity to 300,000 barrels annually, installing The company employs 60 people at its new, state-of the- solar panels on the roof, and increasing cold storage space. art facility located at and expects The expansion will also allow Revolution to add more variety significant job growth in the coming years. Previously to its lineup including Fist City, a Chicago Pale Ale. headquartered in McLean, VA, Prescient Edge combines leading-edge technology solutions and analysis to humanize Revolution added 15 full-time positions, bringing the intelligence and help clients mitigate enterprise-wide company’s total workforce to 180 employees. Established in risks. The company’s 23,616-square-foot facility supports 2010, Revolution Brewing operates a bustling brewpub at 2323 operations for a comprehensive suite of due diligence, North Milwaukee Avenue, in addition to the 90,000-square-foot traveler safety, and risk management services for domestic production brewery and taproom, which brews more than 60 and international business. styles of beer each year including the popular Anti-Hero IPA.

28 29 TMAXSOFT VELOCITYEHS

VelocityEHS, a cloud environmental, health, safety “The city has emerged as a key player in the (EHS), and sustainability software provider, leased TmaxSoft, Inc., a multinational technology innovator 90,000 square feet in Chicago’s Merchandise Mart for focused on infrastructure software, announced that it technology community and we are proud to “[Chicago’s] central location, large its global headquarters. The larger space accommodates will locate its new U.S. headquarters in Chicago. Having technology talent pool and growing stature be a partner in that evolution. We look forward the company’s recent growth and provides room for matured its technology in multiple Asian markets over the to continuing to add to Chicago’s technology its continued expansion. VelocityEHS has experienced past decade, TmaxSoft will now launch its U.S. outreach as an international hub of trade all make it steady growth since it first opened its doors in 1996. with a new Chicago base of operations, relocating from sector with the addition of new jobs that keep the ideal location from which to expand our More than 90 percent of VelocityEHS employees rely on New Jersey. Headquartered in Seoul, South Korea, the U.S. U.S. presence as part of the larger global the brightest and best here in the Midwest.” public transportation to get to work, and the Merchandise headquarters office (located at 101 North Wacker Drive) Glenn Trout - President, VelocityEHS Mart’s location was an important consideration in the move. will create more than 30 jobs across all levels and areas TmaxSoft initiative.” Since 2014, the company has added 100 jobs in its Chicago of business over the next year. Joshua Yulish - President and CEO, TmaxSoft, Inc. office, bringing the total to more than 300 employees.

30 31 BUSINESS CLIMATE: NEW AND EXPANDING COMPANIES

1WorldSync 181 10th Magnitude 123 Remodeling 30Zebra 3M 511 Capital A&C Plastics A1 Storage AAA Car Care Academy for Global Lenny's Gas N Wash | LG | Lightolier | Little Sunshine's Playhouse Livingston International | Load Delivered Logistics | Lockton | Loews Hotel | Logan Square Citizenship Accelerated Accertify Accordant Media Accreditation Council for Graduate Medical Education Accuity Ace Hotel Acosta Sales & Marketing Aluminum Supply | Logistics Team | Lowes Home Centers | LSG Sky Chefs | Lucas Museum of Narrative Art | Luminii | Lurvey Landscape Supply | M&R | Advance Auto Parts | Advocate Health Care | AFD Industries | Affordable Office Interiors | AFN | AGS Technology | AJR Filtration | AKHAN Semiconductor | Printing Equipment | Magenta Plastics | Main Event Entertainment | Main Stay Therapeutic Farm | MakeSpace Labs | Marco Die Supplies | Marcus Theaters ÄKTA | Akuna Capital | ALDI | Allergan | Alliant Credit Union | Alpha Baking | Alta Equiptment | Amalgamated Bank of Chicago | Amazon | AMC Theater | Amcor | Mariano's | Market6 | Marosi Designs | Mars | Marz Brewing | Marzocchi Pumps USA | McDonald's | McNichols | Mead Johnson Nutrition | Medline | Meijer | American Access Casualty | American Crystal Sugar | American Eagle Bank | American Institute of Steel | American Institutes for Research | American | Metropolis Coffee | Metropolitan Warehouse and Delivery | Michaels | Midway Windows and Doors | Midwest Air Technologies | Midwest Refrigerated Postal Workers Union | American Stair | American Writers Museum | America's Health Insurance Plans | AmerisourceBergen | AMIC Global | AMLI Residential Services | Midwest Warehouse | Mitchell Gold + Bob Williams | MKM Partners | Mobilitie | Motion PR | Motorola Solutions | Mount Sinai Hospital | Multifilm | APL Logistics | Applewood Rehab | Aquion Water Treatment Products | Arc Logistics | ArcLight Cinemas | Argon | Art Van Furniture | Arthur J. Gallagher Packaging | Museum of Contemporary Art (MCA) | MV Plastics | Nadzar Ink | National Technical Systems | Nationwide Insurance | Navigant Consulting | & Co. | Aryzta Bakeries | Ashley Furniture | Astronics | AT&T | Atlantic Packaging | Atlas Companies | Autonation USA | Avant | Avery Dennison | Axis Capital | NCSA Athletic Recruiting | Nerdery | Nestle USA | New Congress | Newly Weds Foods | NNR Global Logistics | Noble Network of Charter Schools | Nobu Hotel Baderbräu | Balton Corp | Balyasny | Barilla | Barry Callebaut | Baxalta | BCI Acrylic Bath Systems | Bear Paddle Swim School | Berman Auto Group | Best Western | Noil Petroleum | Nordstrom Rack | Norfolk Southern | North American Herb and Spice | Northbridge Church | Northfield Presbyterian Church | NorthShore International | Big R | Binny's | Black Swan Manufacturing | Blackdog Speed Shop | Blain Supply | blippar | Blue Chip Marketing Worldwide | Blue Plate | BMW University HealthSystem | Northwest Polymers | | Novomatic Americas | Now Health Group | NTN Bearing | Nufarm Limited | | Bob's Discount Furniture | Boelter | BOX Partners | BrainLAB | Bremskerl | Brite Logistics | Brook Street | Bucher Industries AG | BucketFeet | Bulley & Andrews Nutriad | NXT Capital | Ocenco | Old World Industries | OlÈ Mexican Foods | Omobono (USA) | One North Interactive | Option Care | Orange Crush | O'Reilly | Burger King | Burlington Coat Factory | Bus and Truck | Busy Brains | Buttermilk and Honey | C.H. Robinson Worldwide | C-4 Analytics | Cadence Health | Auto Parts | Otak | Otto Engineering | Oxford Capital Group | Ozburn-Hessey Logistics | Ozinga | Pacific Architects and Engineers | Paper Source | Paris Cadence Premier Logistics | Calpipe Industries | Cambria | Capital One | Carepoint | Casa Dei Bambini Montessori | Castle Metal Products | CDW | Ceannate Presents | Parker Plastics | ParkWhiz | Peerless of America | Pella | PepsiCo | PerkinElmer | Persio | Pet Food Experts | Phoenix International Publishing | Centimark Central American Group | Central DuPage Hospital | Central Steel Fabricators | Centro | Cermak Fresh Market | CEVA Group | Chamberlain Plastic Reclamation Partners | PODS Enterprises | Polsinelli Shughart | Portilloís Food Service | Power Equipment Direct | Power Solutions International | Group Charter Fitness | Chicago Coffee Roastery | Chicago Filmmakers | Chicago Literacy Alliance | Chicago Records Management | Group PowerReviews | PPG | Pratt Industries | Precision Color Graphics | Prescient Edge | Presence Health Network | Prime Woodcraft | Primrose Schools | | ChicagoLand SportsPlex | Choice Hotels | Cinemark | Cinkciarz | Clark Hill | Clingan Steel | CloudOne | Clubcorp | CNA | Coldwell Banker | Colonial Brick | Industries | Principle Construction | PrintPak | Professional Freezing Services | Professional Meters | PTS Logistics | ProTrans | PSAV | Pullman Community Combined Warehouse | | ComEd | ConAgra Foods | Consolidated Distribution | ContextMedia | Convenience Concepts | Con-Way | CoreCentric Center | Qualanex | Quality Technology Centers | Quantum Group | Midas Medici Group | Rainbow Lighting | Raise Marketplace | Rana Foods | RBI Bearing | Solutions | Coregistics | Corptax | | Crawford Laboratories | Creative Werks | Culver Franchising System | CVS Health | D2K Traffic | Dakkota | D'Artag Real Trucking | Reflektion | Regis Technologies | Regus | Renewable Energy Systems Americas | Renishaw | Restoration Hardware | Revolution Brewing | nan | Davenport Family Funeral Home | DaVita Healthcare Partners | De Amertek | Deal Genius | Diageo | Diamond Technical Services | Dick's Sporting Goods Rightsize Facility Performance | Rise Interactive | Riverside Medical Center | RJW Transport | RM Lucas | Robert C. Weisheit | Robertshaw | RocHaus | Roent | Digital Factory | DMI | Docusign | DOD Technologies | Dovetail Brewery | DS Containers | DS Smith Plastics | Dublin Dallas Partners | Duluth Trading | Dunkin gen USA | Ropak | RRM Transportation | RTC Industries | Rush University Medical Center | Rush-Copley | Saddle Creek Logistics | Sage Products | Saks Fifth Brands | Dynamic Manufacturing | E3 Diagnostics | EA Logistics | Echo Global Logistics | Eco Brite Linens | Ecolab | Economy Packing | Edsal Manufacturing Avenue | Salesforce.com | Salt Creek Club | Salvation Army | Savage Bros. | Savers | S.C. Johnson| Schneider Electric | SD Wheel | Seafood City | Search | | Edward-Elmhurst Healthcare | Elevation Point | Eli's Cheesecake | Emmi Solutions | Engler Callaway Baasten & Sraga | Enterprise Recovery Systems | Semblex | Shiftgig | ShopperTrak | Shorr Packaging | Simplomatic Manufacturing | Skender Construction | Sky Zone | Smack Shack | SMS Assist | Snapsheet Equinox Fitness | Eris Brewery and Cider House | Exegistics | Fabricators & Manufacturers Association | Facebook | Family Dollar Stores | Famous Dave's of | Sonoco | Space | Specialty Print Communications | Speedway | SPINS | SpotHero | SPR Consulting | Sprig | St. Vincent | StandFast Packaging | STATS | America | Famsa USA | Fat Ricky's | FedEx | Fellowes | Ferguson Enterprises | Fermilab | Ferrara Candy | Festival Foods | FHC Marketing | Fibre Craft | First Steppenwolf Theatre | Stevens Engineers and Constructors | Studio Gang Architects | Subaru of America | Suburban Accessory | Suburban Machine | Suhas Logistics | Fletcher Jones Imports | Flextron Circuit Assembly | Floor and DÈcor Outlets of America | FMGlobal | Focus Products Group | Fooda | Forest Patel | Swap.com | Swiss Precision Machining | Synthesis Technology | Sysco | T&B | Takisawa | Target | Tax Air Freight | Textura | The Advisory Board Envelope | Fort Knox Studios | Fox Rothschild | Freeborn & Peters | Freedman Seating | Fresenius Kabi USA | Fresh Thyme | Fruition Partners | Fuchs Company | The Big Four | The Cary Company | The Chefs' Warehouse | The Community Builders | The LockUp | The Mill | The Millard Group | The Pritzker Lubricants | Fuji Food Products | Fullerton Engineering Consultants | Gallant Construction | Gap | GCG Financial | GEMS World Academy | Generation Brands Organization | The Visual Pak Companies | Thermal Care | Thorntons | ThreadUP | Tianjin YongZheng Tailorshop Group Company | TmaxSoft | Tony's Finer | Gerflor | Getaround | GFX International | Glassdoor | Go To Logistics | Goby | Goddard Systems | Gogo | Good Foods | Goodyear Tire and Rubber | Gourmet Food | Toolamation | Top Quality Hardwood Flooring | Topline Furniture | Tosca Services | Toyota Motor Sales U.S.A. | Tradebe Environmental Services | Foods International | Grayhill | Great Central Brewing | Great Kitchens | Great Lakes Technology | Groot Industries | | GrubHub | Grupo Posadas | Transitional Care of Arlington Heights | Trimaco | Tri-Par Die and Mold Corporation | Tru Grind | Trunk Club | Tru-Spec Metals | TST Impreso | Tytan Express H&M | H.B. Fuller | H.D. Smith | Hansen Plastics | Hardware Restaurant | Harrison Street | Havas | HD Supply | Heartland Dental | Henson Consulting | | U.S. Auto Force | Uline | Ulta | Underwriters Laboratories | USI Packaging | | Union Electric Steel | Union Pacific | United Continental Holdings | Univer Highland Solutions | Hill-Rom | Hilton | Hiwin | HMX Group | Hobby Lobby | Hoist Liftruck | Holland | Home Products International | Horizon Academy | Horizon sity of Chicago | UPS | Uptake | UTi Worldwide | MSDSonline | Venta Airwasher | Veritas Document Solutions | Verizon Wireless | Vertiport Chicago | Viceroy Logistics | Horizon Pharma | Houlihan Lokey | HSBC | Hotels | Hyundai Motor America | Illinois Bone & Joint Institute | Illinois Pallets | iManage | Hotel Management | Victory Packaging | VisaNow | Vistex | Vokal | W.W. Grainger | | Wal-Mart Stores | Warehouse Specialists | Water Street Independent College Bookstore Association | Industrial Specialty Chemicals Inland Real Estate Interceramic InterContinental Hotels Group Interna Healthcare Partners | Wauconda Care | WebAnywhere | Weber Stephen Products | Weiss-Rˆhlig | West Liberty Foods | West Marine | West Monroe Partners tional Paper | International Transload Logistics | Iris USA | J&R Dairy | Jellyvision | Jeron Electronics | Jet Brite | Jo-Ann Fabrics | Jollibee Foods | Kane is | WeWork | Wheaton Montessori | Whirlpool | Whitehall Hotel | Whole Foods Market | Winpak Portion Packaging | Wisdom Adhesives Worldwide | Wise Plastic Able | Kapow Events | KapStone Paper and Packaging | Kellen | Kentucky Trailer | Kineo | Kitchen Cubes | Kloeckner Metals | Knowles | Koch Carbon (KCBX Technologies | Wong Enterprises | WoodSpring Suites | Woodward Controls | Woolf Distributing | Worldwide Material Handling | WSI Integrated Logistics | Terminals) | | Korean Bethel Presbyterian Church | KPMG | | La Quinta Inn and Suites | Lakeside Bank | Lakeside Wealth Management Wyspa Dzieci | WyzAnt | XPO Logistics | Xsport Fitness | Yelp | Youth Organizations Umbrella | Zahoransky AG | | ZirMed ZS Associates Group | Land of Lincoln | Lansing Building Products | LaSalle Investment Management | Lavezzi Precision | Law Auto Group | LBP Manufacturing | Lear |

32 33 BUSINESS CLIMATE: NEW AND EXPANDING COMPANIES* BUSINESS CLIMATE: INDUSTRY IMPACT*

Capturing WBC research Expansions by Industry (Chicago Metro)

0 50 100 150 200

Manufacturing 165 Retail 98 Warehousing/Distribution 93 Kenosha (13) Info/Digital/Media 64 Business Services 56 Healthcare 30 704 Accommodation 25 Other 24 Entertainment 23 Projects McHenry (16) Lake (47) Education 21 Transportation 21 Finance 19 Food Service 17 Construction 11 Biotech/Pharma 8 Insurance 7 Real Estate 5 Cook (411) Research 4 47,739 Association Chicago (243) 3 Utilities/Energy 3 Jobs Kane (48) Energy 3 DeKalb (1) Government 2 Telecom DuPage (87) 2

Jobs Added & Retained by Industry (Chicago Metro)

133 0 2000 4000 6000 8000 10000 12000 Kendall (0) Manufacturing 11,925 Headquarter Facilities Info/Digital/Media 8,995 Warehousing/Distribution 5,734 Will (67) Porter (4) Retail 4,083 Lake (9) Business Services 3,294 Finance 3,006 Transportation 2,295 Insurance 2,165 Grundy (1) Biotech/Pharma 1,525 Food Service 1,230 $6.2b Other 1,072 Telecom 1,050 Generated Education 395 Healthcare 374 Entertainment 190 Newton (0) Jasper (0) Accommodation 150 Construction 110 * Refers to data (where disclosed) for new and expanding companies with a physical address in the Utilities/Energy 106 *Refers to data (where disclosed) for new and expanding companies with a physical address in the 14-county 14-county Chicago region that meet at least one of these criteria: $1M investment, net gain of 20,000 sq Research 30 Chicago region that meet at least one of these criteria: $1M investment, net gain of 20,000 sq ft, net gain of ft, net gain of 20 FTE jobs, headquarters facility, and/or WBC involvement in expansion. WBC captures Real Estate 10 20 FTE jobs, headquarters facility, and/or WBC involvement in expansion. WBC captures project information project information from media outlets, press releases, company websites, subscription services and Association 0 from media outlets, press releases, company websites, subscription services and WBC internal reporting; the WBC internal reporting; the quality of each record depends on the availability of data and resources to uality of eac record depends on te availability of data and resources to input and confirm information. Data input and confirm information. Data is finalied in te first uarter of te folloin year to allo for te Energy 0 is finalied in te first uarter of te folloin year to allo for te time la in project reportin yeartodate time lag in project reporting; year-to-date numbers are subject to revision and addition of projects. Government 0 numbers are subject to revision and addition of projects.

34 35 Global Reach

36 37 GLOBAL REACH INSET MAP

MOSCOW

GOTHENBURG

VILNIUS HAMBURG GALWAY BIRMINGHAM WARSAW KYIV PRAGUE PARIS LUCERNE MILAN SEE INSET MAP BELGRADE

ATHENS

TORONTO TORONTO SHENYANG SHENYANG

BUSAN BUSAN OSAKA CASABLANCACASABLANCA OSAKA PETACH TIKVAPETACH TIKVAAMMAN AMMAN LAHORE LAHORESHANGHAI SHANGHAI DELHI DELHI

MEXICO CITYMEXICO CITY MAP REFLECTS: • International business missions led by WBC, ACCRA ACCRA including two to China and one to Italy BOGOTA BOGOTA • 34 international delegations hosted by Chicago Sister Cities International on behalf of the City of Chicago COUNTRIES REACHED • Foreign direct investment (FDI) in Chicago. United States Germany Morocco Sweden The city tops nation FDI according to the 2015 Australia Guatemala Netherlands Switzerland IBM Global Location Trends report: Austria Hungary Pakistan Taiwan DURBAN DURBAN Belgium Iceland Panama Thailand – FDI in Chicago created 4,800 jobs, Bermuda Ireland Philippines Turkey the second highest number among Canada Italy Poland UAE China Japan Romania UK all metro areas Czech Republic Jordan Singapore Ukraine – Chicago is ranked sixth in the world for Finland Korea South Africa the number of FDI projects (74) France Mexico Spain

CHICAGO SISTER CITY 38 39 INTERNATIONAL DEVELOPMENT

IBM ranked Chicago first in North America and sixth globally In addition, CSCI took a delegation of more than 40 in significant foreign direct investment (FDI) projects in 2015 Chicagoans to Milan, Italy in September for Chicago Week (2014 data). The number of FDI projects were up in both the in Milan. The week included Chicago-themed business, city of Chicago and the region. More than 30 countries were cultural, culinary, and education programming during the represented, highlighting the breadth of international direct 2015 World Expo. investment activity. WBC contributed to this growth through international outreach efforts. CSCI received Sister Cities International’s 2015 Innovation Award for Economic Development for its work with World Chicago Sister Cities International (CSCI) hosted 34 delegations Business Chicago on the Global Cities Economic Partnership in 2015 on behalf of the City of Chicago, including mayoral between Chicago and its sister city of Mexico City. delegations from Galway, Ireland; Lucerne, Switzerland; and Prague, Czech Republic. CSCI also supported important CSCI provides leadership to develop, manage, and outbound delegations, including Mayor Emanuel’s mission coordinate comprehensive programs and projects with to Paris, France and the more than 20 member business Chicago’s 28 sister cities, focusing on business, culture, delegations to Shanghai and Shenyang, China. education, immigration, and tourism. CSCI expands Chicago’s global reach benefiting the city of Chicago,

WBC continued to strengthen Chicago’s business its residents, and businesses. relationship with China, coordinating the successful visit to four Chinese cities with Deputy Mayor Steve Koch (including celebrating the 30th anniversary of sister city partnerships with Shanghai and Shenyang), and signing a first-of-its-kind CHICAGO’S 28 SISTER CITIES business accelerator program with the Chinese Ministry of Commerce. Additionally, WBC organized Mayor Emanuel’s ACCRA BIRMINGHAM DELHI HAMBURG MEXICO CITY PARIS SHENYANG GHANA UNITED KINGDOM INDIA GERMANY MEXICO FRANCE CHINA visit for the 26th US-China Joint Commission on Commerce AMMAN BOGOTA DURBAN KYIV MILAN PETACH TIKVA TORONTO and Trade. While there, the Chicago delegation met with JORDAN COLOMBIA SOUTH AFRICA UKRAINE ITALY ISRAEL CANADA more than 100 companies. ATHENS BUSAN GALWAY LAHORE MOSCOW PRAGUE VILNIUS GREECE REPUBLIC OF IRELAND PAKISTAN RUSSIA CZECH REPUBLIC LITHUANIA KOREA BELGRADE GOTHENBURG LUCERNE OSAKA SHANGHAI WARSAW SERBIA CASABLANCA SWEDEN SWITZERLAND JAPAN CHINA POLAND MOROCCO

40 41 CHICAGO CONSULAR CORPS GALA

CSCI and WBC hosted the annual Chicago Consular Corps HONOREES Gala: A Tribute to Our Global Partners on December 15, 2015. The gala takes place in the fourth quarter each year. Global Citizen Award Jim McNerney With a guest list that included members of the 85 Chairman of The Company foreign and honorary consulates in Chicago, the Gala raised over $900,000 to support the work of Corporate Ambassador Award CSCI and WBC and to fund Chicago Consular Corps scholarships to the University of Illinois at Chicago. ChicagoNEXT Award The Chicago Consular Corps honored Jim kCura McNerney, Chairman of The Boeing Company, for making an extraordinary contribution to Chicago’s Chicago Sister Cities International Volunteer of the Year international reputation, stature, and global reach Dr. Tariq Butt with the prestigious Global Citizen Award. Co-Chair of the Lahore Committee of CSCI

In addition, three other awards were presented at the Gala: the Corporate Ambassador Award to Walgreens Boots Alliance; the ChicagoNEXT Award to kCura; and the Chicago Sister Cities International Volunteer of the Year Award to Dr. Tariq Butt, Co-Chair of the Lahore Committee of Chicago Sister Cities International.

Jim McNerney (center), Chairman of The Boeing Company, accepts the 2015 Global Citizen Award from Glenn Tilton, 2014 Global Citizen Award Honoree, and Consul General of the Republic of El Salvador Patricia Maza-Pittsford, Dean of the Chicago Consular Corps.

42 43 Innovation

44 45 INNOVATION BUSINESS CLIMATE: TECHNOLOGY ECONOMY

$1.9b 300 R&D at Chicago Colleges Corporate R&D Facilities and Universities 143 $1.7b Companies Funded In Venture Capital Funding With the guidance of WBC’s council on technology, Group and the organization’s previous Chairman, now serves ChicagoNEXT, 2015 proved to be a strong year for Chicago’s as Chairman Emeritus. Tebbe brings his deep experience in tech community. Integral to WBC’s mission, ChicagoNEXT business and technology to WBC. focuses on driving growth in Chicago’s tech economy by increasing access to capital for early-stage startups; With support from the community, Chicago’s tech companies expanding the talent pipeline of recent graduates in STEM continued to thrive in 2015. According to Built In Chicago, 97 39 $8.2b fields; and connecting resources and opportunities in 143 companies raised more than $1.7 billion in venture Incubators, accelerators, Exits Raised From Exits innovative industries including bioscience, cleantech, capital, making it the best year ever for funding. Additionally, fintech, and web/mobile. there were 39 exits accounting for $8.2 billion. co-working spaces, and innovation hubs WBC impacted the community with efforts including ThinkChicago, ChicagoMade, Cleantech Innovation Bridge, and MATTER in 2015. Mark Tebbe was named Chairman of

ChicagoNEXT; J.B. Pritzker, Managing Partner of Pritzker Source: Built In Chicago 2015 Startup Report, Manufacturers’ News, Inc., National Science Foundation, and World Business Chicago

46 47 THINKCHICAGO

ThinkChicago celebrated its fifth year by hosting PARTICIPANTS INCLUDED: nearly 300 top technology, design and entrepreneurship students for programs surrounding –– Mayor Rahm Emanuel –– 1871 and Chicago Ideas Week. The programs showcased –– Charles Adler –– Kickstarter Co-Founder Chicago’s innovation hubs, fast-growing technology –– Cleverbridge –– Harper Reed –– kCura firms, and many of its leading entrepreneurs and 2012 Obama campaign technologists. Students learned about Chicago’s CTO and entrepreneur –– LinkedIn thriving innovation ecosystem via tech talks, site visits, –– Jimmy Chamberlain –– MATTER company showcase events, and networking opportunities. Entrepreneur and Smashing –– Motorola Mobility Pumpkins drummer

Since ThinkChicago’s launch, nearly 1,000 students have participated with applications from nearly 100 universities. The program highlights Chicago’s position as a thriving city for graduating students, and encourages young professionals from around the country to build their careers in the city.

“ThinkChicago...caused me to re-evaluate my career path and made me realize that I ultimately want to be a part of this exciting movement of innovation. I was

taken aback by the humility and genuine kindness that many of the speakers and STUDENTS FROM MORE THAN 40 TOP UNIVERSITIES INCLUDING: tech leaders exhibited towards us. There was no sense of entitlement, but rather Carnegie Mellon University Illinois Institute of Technology Princeton University University of Illinois there was every sense of desire to help young entrepreneurs get on their feet.” Columbia University London School of Economics Purdue University Georgia Institute of Technology Mass. Institute of Technology Stanford University University of Texas at Austin Kelly Samara - Bachelor of Science in Civil Engineering, University of Illinois at Urbana-Champaign Harvard University Northwestern University University of Wisconsin

48 49 CHICAGOMADE

WBC leveraged Chicago’s top innovators, artists, and TO DATE, CHICAGOMADE HAS designers as brand ambassadors to raise awareness – Generated more than 176 news stories of their city through ChicagoMade. The unifying effort highlights Chicago’s entrepreneurs, creative makers, and – Hosted events with executives from Amazon, innovative products in order to elevate the city as a premiere Google, Apple, Warner Bros., and more destination for business, talent, tourism, and entertainment. – Organized more than 30 meet-and-greets with Chicago leaders including Mayor Rahm Emanuel, ChicagoMade once again had a presence at South by Jimmy Chamberlin, Harper Reed, Martin Atkins, Southwest (SXSW) in Austin, Texas in 2015 with an exhibit J.B. Pritzker, Brad Keywell, Howard Tullman booth at the trade show and an official SXSW Chicago – Showcased artists including music showcase. The effort included meet-and-greet and Vic Mensa opportunities with leaders from Chicago’s technology, – Connected with companies that have committed to music and film industries, along with performances by a growing their Chicago presence including Music Dealers, variety of Chicago’s rising and established musical acts. Dom & Tom, Fort Knox Studios, and Inventables

50 51 CLEANTECH INNOVATION BRIDGE

The Cleantech Innovation Bridge (CIB) matches clean The first program group was led by , Invenergy, energy researchers and early-stage ventures with and Schneider Electric. The program culminated in a demo corporations seeking innovative energy technologies day showcase, where each corporation saw pitches from and solutions. The program is accelerating the pace 16 startups; 13 have received some form of engagement of clean energy innovation by facilitating business to date. The program will run in the year ahead with new opportunities between corporations and startups. partners including, ADM (Archer Daniels Midland), The Cleantech Innovation Bridge is a partnership AEP (), and AGL Resources, between Clean Energy Trust, Freshwater Advisors, parent company of . and ChicagoNEXT with consulting support from Accenture, Deloitte, and Ernst & Young.

MATTER

MATTER is a community of startups and industry - Secured $9 million in public and private funding leaders working together in a shared space to fuel the - Grown from 70 to 117 members and 70 industry partners, future of healthcare innovation. Incubated as an initiative including some of world’s leading hospital systems, pharma of ChicagoNEXT’s bioscience committee and launched companies, universities, and financial institutions in 2015, the innovation space located in Chicago’s - Generated dozens of substantive relationships between MATTER’S PARTNERS INCLUDE Merchandise Mart to date has: industry partners and member startups

Abbott Astellas JPMorgan Chase Sinai Health System AbbVie City of Chicago Jump Trading Simulation Takeda Pharmaceuticals USA, Inc. & Education Center Ernst & Young University of Pharmaceuticals American Medical Association Healthios University of Illinois NorthShore Health System Ann & Robert H. Lurie Children’s Illinois Department of Commerce BlueCross BlueShield of Illinois Hospital of Chicago and Economic Opportunity Northwestern University Healthcare REIT Horizon Pharma OSF Healthcare

52 53 Progress

54 55 1000 JOBS FOR CHICAGOLAND MANUFACTURING METRO CHICAGO EXPORTS

Metro Chicago Exports (MCE) is an unprecedented regional collaboration between the City of Chicago and the seven counties in Northeastern Illinois to increase exports from small and midsize enterprises (SMEs) and support regional job growth.

In 2015, MCE:

– Awarded $225,000 to 54 SMEs to advance their international trade, specifically exports – Received funding commitment from key program sponsors to launch initiative – Appointed managing director – Developed working relationships with key export service providers at the federal, state, and local levels – Secured regional support from county chairs and 1000 Jobs for Chicagoland Manufacturing completed its – Matched 77 different manufacturers across the economic development organizations across the region first full year in 2015. Funded by more than $1 million in Chicago region with qualified candidates who were – Received commitment to continue initiative through public and private contributions, the initiative aims to drive able to fill open jobs second year immediate impact in the regional manufacturing sector by – Launched an outreach campaign to raise the profile of – Generated $10 million in revenue placing 1,000 people on a path to a career in manufacturing. advanced manufacturing careers and increase qualified candidates Metro Chicago Exports builds on the Global Cities Initiative, In 2015, the initiative: – Coordinated with workforce development organizations, a joint project of the Brookings Institution and JPMorgan – Provided grants to five community-based workforce employers, and training providers to learn how the Chase. organizations to match residents with open jobs and workforce development system can create a sustainable training programs pipeline of people prepared for careers in advanced manufacturing – Placed 361 people in manufacturing jobs and 148 in training programs, including more than 140 job placements for ex-offenders

56 57 CHICAGO ANCHORS FOR A STRONG ECONOMY - CASE FELLOWSHIP PROGRAM

Chicago Anchors for a Strong Economy (CASE), with seed In 2015, the program recognized its greatest World Business Chicago’s Fellowship program offers funding from Polk Bros. Foundation, has generated more contributors with three inaugural awards: exclusive, professional development opportunities for “My Fellowship made me a than $9 million in new contracts since its inception in 2014. mid-level executives to help WBC drive Chicago’s growth. Anchor of the Year The program leverages anchors (large institutions with WBC’s talented fellows work full-time for four to six months confident leader and helped me significant buying power) and the small business ecosystem Advocate Healthcare to help guide the development and implementation of recognize my abilities to adapt to to create middle income jobs and neighborhood vibrancy BMO Harris initiatives vital to Chicago’s future. Fellows gain leadership changing situations and influence throughout Cook County. Through CASE, Chicago-area Northwestern University opportunities and build lasting relationships within the anchors become buyers of products and services offered public and private sectors. diverse groups of stakeholders to by local small businesses. Business of the Year align their efforts.” Digby’s Security and Detective Services Inc. In 2015, WBC hosted 18 Fellows from 16 organizations More than 200 businesses have participated in CASE to including: Avison Young, , CohnReznick Rachana Sharma - Senior Associate Advisory, KPMG, CSI 3000 Former WBC Fellow date, creating more than 70 jobs and $9.4 million in revenue. LLP, DeVry Education Group, Exelon/ComEd, EY, Ford Motor Partner of the Year Company, Gensler, Grant Thornton, Hyatt, Joliet Junior Rachana Sharma participated in WBC’s Fellowship program from Polk Bros. Foundation College, KPMG, Merrill Lynch, PrivateBank, UL, and Zurich Oct 2014 – Mar 2015. During her Fellowship, she led initiatives to North America. strengthen Chicago’s position as an advanced manufacturing hub.

2015 ANCHOR INSTITUTIONS “On a scale of 1-10, our experience

has been a 10, maybe an 11. –– Advocate Health Care –– Northwestern Memorial Everything that was presented –– BMO Harris Bank Healthcare –– Chicago Housing Authority –– Rush University about the program has been what –– Chicago Transit Authority Medical Center we expected and more. CASE is –– City of Chicago –– University of Chicago –– Commonwealth Edison –– University of Chicago a great initiative for small, local –– Cook County Medical Center businesses in the Chicagoland area.” –– Illinois Institute of Technology –– University of Illinois

Amy Van Howe - Vice President, West Fuels, Inc. hello –– Museums in the Park at Chicago trial sdasdasdasdasdad –– Northwestern University

58 59 BOARD ACKNOWLEDGEMENTS

Jim Abrams Mellody Hobson Henry M. Paulson, Jr. WBC BOARD GENERAL CHAIRMAN James S. Crown * LEGAL ADVISORY Chief Operating Officer President President Chairman J. Douglas Sparkman COUNSEL MEMBERS Medline Industries, Inc. Henry Crown and Company Ariel Investments The Paulson Institute COO Fuels, North America BOARD Rahm Emanuel BP Products North America, Inc. Mayor Anthony K. Anderson* Mark S. Hoplamazian* Jose Luis Prado Advocate Health Care City of Chicago Deborah DeHaas LAW FIRM MEMBERS Gail Hasbrouck Retired Vice Chairperson and Vice Chairman and Chief Inclusion Officer President and CEO President Byron Spruell SVP, General Counsel Managing Partner of the Midwest Deloitte LLP Hyatt Hotels Corporation Prado Strategic Consulting Vice Chairman, Central Region and Chicago Baker & McKenzie and Corporate Secretary VICE CHAIRMAN Ernst & Young LLP Former President Managing Principal Michael Morkin* Mary Dillon* Lamar A. Johnson Quaker Foods North America Deloitte LLP Managing Partner Archer Daniels Midland * Andrew Appel President and CEO Managing Principal Company Michael J. Sacks President and CEO Gensler John Pratt Paula Steiner † CEO Ulta, Inc. Chapman and Cutler Thuy Vo IRI Worldwide Managing Director, Investment Banking President and CEO Tim Mohan GCM Grosvenor Chief Counsel M&A Steve Kersten Bank of America Merrill Lynch Health Care Service Corporation Chief Executive Partner * Craig J. Duchossois Jeffrey Aronin CEO Owner and President AON, plc Chairman and CEO WaterSaver Faucet Co. Richard Price Hugh Sullivan PRESIDENT & CEO The Duchossois Group Dentons Peter Lieb Marathon Pharmaceuticals, LLC. Chairman and CEO Vice Chairman Mary Wilson EVP and General Counsel Donald Edwards James P. Kolar Mesirow Financial Morgan Stanley Managing Partner, Chicago Office Jeff Malehorn Rita R. Athas Greater Chicago Market Managing Partner World Business Chicago Managing Principal * BP America Inc. Senior Advisor Flexpoint Ford, LLC PricewaterhouseCoopers LLP (PwC) J.B. Pritzker Robert Sullivan DLA Piper Stephen C. Lee World Business Chicago Co-Founder and Managing Partner President and CEO Lee I. Miller Managing Counsel, US Downstream Michael Englehart † Mitchell J. Krebs Pritzker Group Fifth Third Bank Global Chair Emeritus Melissa Bean CEO President and CEO Care Capital Properties Inc. Chairman of the Midwest Presence Health Network Coeur Mining, Inc. Frank Ptak Donald Thompson Goldberg Kohn Kristen M. Benson JPMorgan Chase & Co. President and CEO Retired President and CEO Kenneth Ulrich EVP, General Counsel Becky Frankiewicz Eric Lefkofsky Marmon Holdings, Inc. McDonald’s Corporation Principal and Corporate Secretary Jim Brady † Managing Partner General Manager, Quaker Foods North * Central Region Managing Partner America Lightbank John Rau Glenn F. Tilton Jenner & Block Duchossois Capital Grant Thornton, LLP PepsiCo President and CEO Chairman Craig Martin Management Dan’l Lewin Miami Corporation The Chicago Council on Global Affairs Co-Chair (Litigation) Eric A. Reeves Bill Brodsky Corporate Vice President, Mark Furlong * General Counsel Chairman and CEO Retired President and CEO Technology and Civic Engagement Jim Reynolds Timothy P. Walbert Jones Day and Managing Director Chicago Board Options Exchange BMO Harris Bank Corporation Co-Founder, Chairman and CEO Chairman, President and Chief Executive Tina Tabacchi Loop Capital Officer Partner in Charge, Chicago Office Gensler Greg Q. Brown Margo Georgiadis Aylwin Lewis Horizon Pharma Amy Skaggs Chairman and CEO President of Americas Operations President and CEO Larry Richman Katten Muchin Rosenman Regional Counsel Motorola Solutions Google Inc. Potbelly Sandwich Works President and CEO Gregory D. Wasson Gil M. Soffer The PrivateBank Former President and CEO Managing Partner, Chicago Office Hyatt Hotels Corporation John Buck Charles Matthews † Walgreens Boots Alliance Matthew Gibson † Rena Hozore Reiss Chairman and CEO Co-Head of Investment Banking, President Robbie Robinson Wasson LLC Kirkland & Ellis EVP, General Counsel The John Buck Company Midwest Region People’s Gas/North Shore Gas Managing Director James H.M. Sprayregen and Secretary The Goldman Sachs Group, Inc. BDT Capital Partners Keith Williams Partner Martin Cabrera Samuel M. Mencoff President * Mesirow Financial Founder and CEO Ilene Gordon Co-CEO Desiree Rogers Underwriters Laboratories Inc. Locke Lord Dennis Black Cabrera Capital Markets, LLC Chairman, President and CEO Madison Dearborn Partners CEO Lou Cohen General Counsel, SMD Johnson Publishing Company, Inc International Chair Incorporated † and Corporate Secretary Debra A. Cafaro Jamie S. Miller Finance and Real Estate * Chairman and CEO Alex Gourlay President & CEO Pat Ryan, Jr. TUR Partners LLC Ventas, Inc. President GE Transportation Founder and CEO Mayer Brown Josh Strickland INCISENT Labs Group Marc Sperber Walgreen Co. * Vice President Patrick Canning Michael H. Moskow Corporate Practice Leader and Corporate Counsel Chicago Office Managing Partner Antonio Gracias Vice Chair and Distinguished Fellow, Muneer A. Satter KPMG LLP Founder, CEO and Chief Investment Officer Global Economy Chairman Seyfarth Shaw ULTA Salon Valor Equity Partners The Chicago Council on Global Affairs Satter Investment Management, LLC. J. Stephen Poor Jodi J. Caro Gregory C. Case Chairman * General Counsel President and CEO Daniel M. Hamburger* Thomas F. Motamed Samuel Scott and Corporate Secretary Aon plc President and CEO Chairman and CEO Retired Chairman, President and CEO DeVry Education Group CNA Financial Corn Products International, Inc. Chris Abbinante , Inc. David Casper Co-Chair, Private Equity Thomas Newton Bolling President and CEO Dean Harrison Kimberly Simios Vice President BMO Harris Bank President and CEO President and CEO Office Managing Partner Winston & Strawn and Deputy General Counsel Northwestern Memorial HealthCare United Continental Holdings, Inc. Ernst & Young LLP Brian M. Schafer Stephen Chipman Partner † Senior Vice Chair Lori Healey Pin Ni Virginia Simmons Grant Thornton LLP CEO President Senior Partner Metropolitan Pier and Exposition Authority Wanxiang America Corporation McKinsey & Company Christopher Crane (MPEA) President and CEO William A. Osborn James Skogsbergh* † Board members as of 2016 Exelon Corporation Retired Chairman and CEO President and CEO * Executive Committee member Corporation Advocate Health Care

60 61 BOARD ACKNOWLEDGEMENTS

CONTINUED

MarySue Barrett CLEANTECH Laura Ferris Anderson WEB/MOBILE Dan Wagner UNIVERSITY PARTNERS PLAN STEERING Metropolitan Planning Council CHICAGONEXT JPMorgan Chase Civis Analytics COMMITTEE LEADERSHIP Sunil Garg Eric Lefkofsky T.J. Augustine Frank Beal Uptake (Co-Chair) David Fisher Lightbank (Committee Co-Chair) Peter Wilkins University of Illinois CO-CHAIRS Civic Consulting Alliance Mark Tebbe* Enova Hyde Park Angels University of Chicago Booth Michael Polsky Matt Maloney David Baker Michael J. Sacks Melissa Bean School of Business (Chair) Invenergy (Co-Chair) Al Goldstein GrubHub (Committee Co-Chair) Kevin Willer Illinois Institute of Technology WBC Vice Chairman, CEO of GCM JPMorgan Chase & Co. Avant Chicago Ventures Grosvenor J.B. Pritzker Erik Birkerts Andrew Appel Caralynn Nowinski Collens Steve DeBretto Pritzker Group (Chairman Emeritus) Clean Energy Trust Brett Goldstein IRI Worldwide UI LABS Glenn Tilton Industrial Council of Nearwest Chicago GCM Grosvenor WBC Executive Committee Member; MEMBERS: Jason Blumberg George Bousis Linda Darragh Chairman, The Chicago Council on Ivo Daalder Energy Foundry Jim Gray Raise Northwestern University Global Affairs The Chicago Council on Global Affairs BIOSCIENCE G-Bar LP Declan Flanagan Mike Gamson John Flavin EX OFFICIO Ty Fahner Jeff Aronin Lincoln Clean Energy Jason Henrichs LinkedIn Chicago Innovation Exchange The Civic Committee of the Commercial Marathon Pharmaceuticals, LLC FinTEx Chicago Steve Koch Club of Chicago (Committee Chair) Amy Francetic Chris Gladwin Laura Frerichs Deputy Mayor, City of Chicago Invenergy Roger Hochschild Cleversafe University of Illinois Terry Mazany Shradha Agarwal Services Chicago Community Trust ContextMedia Antonio Gracias Fred Hoch David Miller Valor Equity Partners John Hoesley Illinois Technology Association DePaul University Theresa Mintle Andrew Cittadine The PrivateBank Chicagoland Chamber of Commerce Diagnostic Photonics Mark Harris Brad Keywell Matthew Tirrell IL Science & Technology Coalition Amit Jhawar Chicago Ideas Week The University of Chicago Michael H. Moskow Steven Collens Braintree The Chicago Council on Global Affairs MATTER Pete Kadens Adam Koopersmith SoCore Energy Mohit Kapoor Pritzker Group Venture Capital Jorge Ramirez Steve Gould TransUnion Chicago Federation of Labor Chicago Innovation Mentors Nathan Laurell Logan LaHive New Frontier Holdings Joanna McGinley Belly Desiree Rogers Nancy Joseph-Ridge Morningstar Choose Chicago Takeda Barry Matchett Amanda Lannert Environmental Law & Policy Center Ryan Miller Jellyvision Julia Stasch Michael Liang Bank of America John D. and Catherine T. MacArthur Baird Venture Partners Tim Stojka Phyllis Lockett Foundation Agentis Energy Rumi Morales LEAP Innovations Nina Nashif CME Group Howard Tullman Healthbox John Tolva Eric Lunt 1871 and the Chicagoland PositivEnergy Practice Scott Murray Signal Entrepreneurial Center Norbert Riedel Northern Trust Naurex Jessica Yagan Talia Mashiach Impact Engine Gerald O’Connor Eved Warren Ribley CBOE iBio Jeff Miller FINTECH Eero Pikat Motorola Mobility Jim Robinson Barchart Astellas Pharma Phupinder Gill Maura O’Hara CME Group (Committee Chair) Kristi Ross Illinois Venture Capital Association Nick Rosa Dough Sandbox Industries Joe Mansueto Dan O’Neil Morningstar (Vice Chair) Joe Scoby Smart Chicago Collaborative David Schonthal Achievement Asset Management Fusion Ventures Don Wilson Harper Reed DRW (Vice Chair) Kim Trautmann Modest Staffan Schuberg DRW Lundbeck Mike Bousch Benedict Rocchio Discover Financial Services David Weinstein Baird Venture Partners Nancy Sullivan Freshwater Advisors IllinoisVENTURES Steve Brodsky Neal Sales-Griffin Spot Trading Bob Zagotta The Starter League Timothy P. Walbert CME Group Horizon Pharma Shawn Carpenter Shelley Stern Grach YCharts Microsoft Sona Wang Ceres Venture Fund Vahe Dombalagian Howard Tullman Madison Dearborn Partners 1871 Jeff Yordon * Executive Committee member Sagent Pharmaceuticals

62 63 BOARD ACKNOWLEDGEMENTS FINANCIALS

CONTINUED Audited financial statements available at WorldBusinessChicago.com/Annual-Report

Mexico City, Mexico CHICAGO SISTER CHICAGO SISTER Committee Chair: Alejandro Silva CITIES CITIES Milan, Italy INTERNATIONAL INTERNATIONAL Committee Chair: Paula Waters REVENUE EXPENSES ADVISORY BOARD COUNCIL OF CHAIRS Moscow, Russia 2014: $8.1M 2014: $7.6M Samuel C. Scott III Accra, Ghana Committee Co-Chair: Aleksandra Efimova Chairman Committee Chair: Linda Quarshie Committee Co-Chair: Prince Piotr Galitzine 2015: $9.9M 2015: $8.7M Osaka, Japan Laura Ferris Anderson Amman, Jordan Excludes: Contributed Service Income Excludes: NATO, Contributed Service Expense, Depreciation & Amortization JPMorgan Chase & Co. Committee Co-Chair: Phil Palmer Committee Co-Chair: Yoko Noge-Dean Committee Co-Chair: Stephen Quazzo Committee Co-Chair: Mark Scott Rita Athas World Business Chicago Athens, Greece Paris, France Committee Co-Chair: Nicholas Black Committee Co-Chair: Brett August Dr. Tariq Butt Committee Co-Chair: Demetrios Kozonis Committee Co-Chair: David Reithoffer Lahore Committee of CSCI 2014 2014 (Council of Chairs representative) Belgrade, Serbia Petach Tikva, Israel Committee Co-Chair: Desko Nikitovic Committee Chair: Daniel Shure 2015 2015 Chris Clark Committee Co-Chair: Louis Milicich Motorola Solutions Prague, Czech Republic Birmingham, United Kingdom Committee Co-Chair: Edward Dellin Vera Eliashevsky Committee Chair: Rupert Ward Committee Co-Chair: Judith Munson Kyiv Committee of CSCI (Council of Chairs representative) Bogota, Colombia Shanghai and Shenyang, China Committee Chair: Marcelino Garcia Committee Co-Chair: Raymond Chin Daniel J. Lynch Committee Co-Chair: William Spence United Airlines Busan, Republic of Korea Committee Co-Chair: Nam Hung Paik Social Services Courtney A. Thompson Committee Co-Chair: Susan Hollender Committee Chair: Kathleen Borland The Boeing Company Casablanca, Morocco Toronto, Canada Committee Co-Chair: Lisa Roberts Committee Co-Chair: Linda Loving Committee Co-Chair: Julie Stagliano Committee Co-Chair: Lynn Osmond Delhi, India Vilnius, Lithuania Committee Chair: Smita Shah Committee Chair: Stanley Balzekas Durban, South Africa Warsaw, Poland Committee Chair: Vacant Committee Co-Chair: Thaddeus Makarewicz Committee Co-Chair: Iwona Wegrzyn- CONTRIBUTED SERVICES Galway, Ireland Bochenska Committee Co-Chair: William Gainer Committee Co-Chair: Billy Lawless, Sr. Provider(s) Gothenburg, Sweden Category Value Committee Chair: Don Ahlm Advertising and Marketing $152,000 Hawthorne Strategy Group, Modern Marketing Partners, B. Shah Hamburg, Germany Committee Co-Chair: Rolf Achilles Committee Co-Chair: Johann Christoph Lichtenfeld Avison Young, Baker & McKenzie, Chapman and Cutler, CohnReznick LLC, DeVry Education Group, Humanitarian Committee Duane Morris, Ernst & Young, Exelon, Ford Motor Company, Gensler, Goldberg Kohn, Grant Thornton, Committee Co-Chair: Susan Leonis Professional Services $1,800,000 Hyatt, Joliet Junior College, Jones Day, Katten Muchin Rosenman, Kirkland & Ellis, KPMG, L.E.K. Committee Co-Chair: Stephen Smith Consulting, Locke Lord, Mayer Brown, McKinsey, Seyfarth Shaw, Sidley Austin, The PrivateBank, Kyiv, Ukraine US Trust, Bank of America, Winston & Strawn, and Zurich Insurance North America Committee Chair: Vera Eliashevsky Lahore, Pakistan Travel and Meeting Space $120,000 United Airlines, Inc., Baker & McKenzie, Kirkland & Ellis, Locke Lord, Skydeck Chicago Committee Co-Chair: Tariq Butt Committee Co-Chair: Tariq Malhance Lucerne, Switzerland Committee Co-Chair: Camille Julmy Committee Co-Chair: Albert Lacher evenue and penses differ from te udited inancial tatements due to te classification of direct special event ependitures ic are son as an offset to revenue in te udited inancial tatements. Direct special event ependitures are classified in te nnual eport as epenses.

64 65 FINANCIALS PHOTO CREDITS & CONNECT WITH US

CONTINUED

Cover: Honest When You’re Tellin a Lie by Thomas Hawk - Flickr Mead Johnson: Mead Johnson Groundbreaking by Hines Private Funding Misson WBC Impact: Sunset Views by Christopher - Flickr Motorola Solutions: Chicago Skyline by Andrew Horne - WikiMedia Why Companies Choose Chicago: Sunset at Navy Pier by Chris Smith - Flickr Kraft Heinz-Oscar Meyer: Wienermobile by Victorgrigas - WikiMedia $ 5,000 - 49,999 $ 5,000 - 49,999 continued $ 50,000 - 99,999 Over $100,000 Success Stories: Chicago Theater Night by Chris Smith - Flickr Prescient: Prudential Building, Chicago by Wayne Silver - Flickr AbbVie, Inc. Tawani Foundation Abbott Advocate Health Care Accenture The Chicago Council on Global Affairs Archer Daniels Midland Company Aon Foundation Amazon: North Ave Bridges by Jaysin Trevino - Flickr Revolution Brewing: Revolution Brewing Access Community Health Network The Greater Cincinnati Foundation BP Corporation Bank of America Insurance Co. The Kraft Heinz Company Chauncey & Marion D. McCormick Family Foundation BMO Harris Bank N.A. Ariel Investments, LLC Wiegel Tool Works, Inc. Chicago Housing Authority Chicago Community Trust ÄKTA: ÄKTA TmaxSoft: Chicago River @Washington St. by David Wilson - Flickr ASK POWER William Blair & Company Foundation Chicago Transit Authority CNA Financial Corporation Avision Young, Inc. Winston & Strawn LLP Coeur Mining Cook County Avant: Avant VelocityEHS: Chicago by Oren Levine - Flickr Baker & McKenzie Zurich North America Commerical DeVry Education Group Exelon Corp/ComEd Bank of China Duchossois Shared Services, Inc. GCM Grosvenor Bucketfeet: Bucketfeet Global Reach: The Spider and the Giants by Thomas Hawk - Flickr Inc. Ernst & Young GE BDT Capital Partners, LLC Fifth Third Bank JPMorgan Chase & Co. Centro: Centro The Chicago Consular Corps Gala: Ana Miyares Caterpillar, Inc. Flexpoint Ford LLC MacArthur Foundation CDW Gensler Motorola Solutions Chapman and Cutler, LLP Goldman Sachs & Co Polk Bros. Foundation ConAgra: 5:15pm by Laurie Chipps - Flickr Innovation (two-page spread): Thompson Center by Robert Martinez - Flickr Chicago Board Options Exchange Google Inc. Satter Foundation David Prange Grant Thornton The Boeing Company Echo Global Logistics: Echo Global Logistics Innovation: BLUE1647 Dentons Health Care Service Corporation/Blue Cross Blue Shield The Walgreen Company Desiree Rogers Henry Crown and Company UI Labs GEMS World Academy: bKL Architecture LLC ThinkChicago: Jake Trussell DLA Piper LLP Horizon Pharma USA, Inc University of Illinois Chicago Embassy of Switzerland Hyatt Corporation Ventas, Inc. Glassdoor: Glassdoor ChicagoMade: Choose Chicago Embassy of the Republic of Poland IRI Wanxiang America Corporation Globetrotters Engineering Corporation KPMG LLP Gogo LLC Loop Capital Markets, LLC Google: 1KFulton Lobby by Steinkamp Photography Progress: Mary Bartelme Park by Jovan J - Flickr Goldberg Kohn Ltd. Madison Dearborn Partners Greeley and Hansen LLC Marathon Pharmaceuticals Grubhub: Grubhub MATTER: MATTER Inc. Mesirow Financial Ingredion, Inc. Microsoft Inc. International Airline Expansions: Hainan Airlines U.S. Office 1000 Jobs for Chicagoland Manufacturing: Ardagh Group JCCC Foundation Morgan Stanley Jenner & Block Motorola Mobility Foundation Livingston International: (Holabird & Roche, Metro Chicago Exports: Lasalle Bridge at Sunset by Chris Smith - Flickr Jones Day Museums In the Park, Inc. Joyce Chelberg Northwestern Memorial Healthcare Katten Muchin Rosenman LLP Northwestern University 1929-30 by S. N. Johnson-Roehr (JR) - Flickr Fellowship Program: Yolanda Richards KCura LLC PepsiCo/Quaker Foods North America Kirkland & Ellis LLP PricewaterhouseCoopers LLP Locke Lord LLP J.B. and M.K. Foundation Luxottica Rush University Medical Center Magellan Development Ryan Enterprises Group, LLC Mayer Brown, LLP Madison Dearborn Partners Michael and Nancy Gilbane The 1111 Foundation Nancy Linder The John Buck Company Patrick and Shirley Ryan Foundation The Lefkofsky Family Foundation PNC Bank The LLC Potbelly Sandwich Works, LLC The Private Bank Prado Family Fund The University of Chicago Medical Center Facebook.com/ Linkedin.com/company/ Twitter.com/ Presence Health Ulta Inc. Samuel C. Scott III Underwriters Laboratories LLC WorldBusinessChicago world-business-chicago WorldBizChicago Sidley Austin LLP University of Chicago Sumitomo Corporation of Americas Valor Management Corp. Swiss Benevolent Society of Chicago WaterSaver Faucet Co.

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