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Illinois Revives Premier Corporate Tax Incentives

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Rauner also enacted an extension of the River Edge Redevelopment Zone tax credit program. The River Edge Redevelopment Zone Program helps stimulate the state’s economy and the local economies where the program is available. Specifically, SB 1783 extends the River Edge Redevelopment Zone tax credit until Dec. Rauner said.

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INDUSTRY FOCUS: Points of Entry for Cash-Rich Cargo

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Developers, investment interests and supply chain executives remain optimistic about our nation’s seaports,” said John Carver, head of JLL’s Ports, Airports and Global Infrastructure (PAGI) group, “Influenced by an evolving maritime logistics industry, global and trade transformations such as the extension of the Panama Canal and growth of U.S.

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Location Focus: Illinois – Trying to Make Headway in Every Way

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According to the Chicago Tribune , “The fund will award convertible notes initially ranging from $100,000 to $500,000 to early-stage Illinois-based companies working in renewable energy, energy efficiency, smart grid, next-generation transportation and water resource management. This venture capital fund allocated with $2.3

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LOCATION FOCUS: The Heartland of America Beats Strong

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Illinois has a broad economic base with Chicago in the northeast; small industrial cities and great agricultural productivity in the central and western regions; and natural resources like coal, timber and petroleum in the south. In addition, the state has more than 137 public use airports, 270 heliports and 840 aviation facilities.

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Logistics: On the Road, Water or Rails…or in the Air — AGAIN

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Through the Enterprise Zones Program business and industry can realize state incentives such as Job Creation Grants and Real Property Investment Grants, while also realizing a number of local tax and other incentives. Chicago is the nation’s rail hub that connects six of the seven class one railroads. Midwest Airports.

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Industry Focus: Logistics – Going With The Flow

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Located in the heart of Illinois; in the great Midwest; within 200 miles of metropolitan areas of Chicago, Indianapolis and St. The Decatur airport provides another important transportation option; with runways of 8,500 feet in length and 150 feet wide the airport is capable of handling large freight carrying aircraft.

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FEATURE STORY: Logistics Clusters Are Jobs Magnets

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These include transportation carriers of all kinds, as well as warehousing, distribution, third-party logistics services, manufacturers’ operations, retailers and distributers who may have their own distribution centers. You know if the white shirt should go to Kansas and the blue shirt should go to Chicago or the other way around.”.

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