CEO Guide to Site Selection

Illinois

Powering a New Era of Growth

Illinois is riding a wave of economic momentum. The state consistently ranks among the top states for foreign direct investment. In 2025, Illinois introduced a six-point plan to drive industry growth in traditional and emerging sectors. The initiative targets workforce development, innovation and supply chain resilience, with a focus on supporting manufacturers and tech-driven businesses statewide with training programs, investments in infrastructure upgrades and incentives for expanding operations.

“Illinois is proving that when we partner with industry and invest in our people, we can lead the nation in innovation, economic growth and high-quality manufacturing jobs.”
JB Pritzker
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of students graduated high school in 2019

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

decrease between 2020 and 2024

KEY INCENTIVES

Economic Development for a Growing Economy Tax Credit Program: Offers annual corporate income tax credits to businesses that create jobs and invest capital in Illinois, covering up to 50 percent for new hires and 25 percent for retained jobs.

Blue Collar Jobs Act Tax Credit Program: Offers corporate income tax credits to businesses that invest at least $10 million, with credits up to 75 percent of income tax withholding for construction wages

EDCs

Illinois Department of Commerce and Economic Opportunity
dceo.illinois.gov

Illinois Economic Development Corporation
illinoisedc.org

World Business Chicago
worldbusinesschicago.com

Together Chicago
togetherchicago.com/economic-development

BIG DEALS

  • Damera announced in May 2025 a $31.5 million investment and 90 new jobs at its first U.S. assembly plant in Greater Peoria.
  • Rivian announced in May 2025 a $120 million investment and nearly 100 direct jobs at a new supplier park in Normal.
  • Quantum computing company Infleqtion announced in July 2025 a $50 million investment and 36 jobs at its new headquarters in Chicago.
  • Pure Lithium Corporation announced in July 2025 a $46 million investment and 50 new jobs in Chicago.

BIG COMPANIES

Thirty-two Fortune 500 company HQs in the state.

Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.