Business Climate

Chicagoland Industry Profiles

Greatest Workplaces DuPage County, IL

Chicagoland Industry Profiles is a set of data-driven snapshots designed to help companies, investors, communities, and partners understand where and why our region competes globally. These profiles bring together the latest data on output, employment, talent pipelines, and industry ecosystems across Chicagoland’s priority sectors. They are built to support site selection, expansion decisions, policy alignment, and storytelling.


Chicagoland’s economy is defined by its remarkable industry diversity, with industry clusters competing globally. Chicagoland is a place where ideas are developed, products are made, and goods move efficiently to markets across the country and around the world. Its economy combines world-class research institutions, advanced production capabilities, and one of the most connected transportation networks on the continent.

These industry profiles highlight the key sectors that power Chicagoland’s economy and position the region for long-term growth. 


Manufacturing

Anchored by a historic legacy of innovation and craftsmanship, Chicagoland’s manufacturing sector is both deeply rooted and intensely future-focused. The region offers manufacturers a powerful combination of skilled labor, dense supplier networks, and world-class transportation, distribution, and logistics infrastructure. For firms looking to incubate and scale high‑value, specialized production with access to talent, suppliers, and efficient multimodal freight connections, Chicagoland offers one of North America’s most compelling platforms for manufacturing success.

View Manufacturing Industry Profile


Transportation, Distribution & Logistics

The Chicagoland region is a national leader in Transportation, Distribution & Logistics (TD&L), strategically located at the center of the country and anchoring U.S. supply chains through unmatched rail, highway, air, and inland port connectivity as a global crossroads for moving goods, freight, and people at scale. The industry is supported by modernized logistics networks, e-commerce, and automation, while providing diverse jobs and training pipelines.

View Transportation, Distribution & Logistics Industry Profile


Finance & Insurance

Chicagoland is a premier U.S. finance and insurance hub, distinguished by its global exchanges, numerous major industry corporations either headquartered or having a key presence in the region, deep talent pool, and growing fintech sector. Its diversified financial ecosystem and central location drive high-wage employment, innovation, and sustained industry growth.

View Finance & Insurance Industry Profile


Professional Services

Chicagoland stands out as a premier headquarters destination for professional, scientific, and technical services , offering a robust ecosystem of consulting, legal, advertising, tech expertise, and more to fuel corporate success. With a deep set of top-tier firms and specialized talent, the city drives innovation in AI, analytics, and high-value services — creating high-wage jobs and inclusive growth while supporting seamless business expansion in a thriving and connected hub.

View Professional Services Industry Profile


Food Manufacturing

Anchored by a long legacy as the nation’s food capital, Chicagoland is home to the #1 food manufacturing cluster in the U.S., producing everything from packaged foods and beverages to ingredients and advanced food technologies. The region combines one of the country’s largest and most experienced food production workforces with a dense network of suppliers, co-packers, packaging firms, and R&D institutions. Supported by unmatched TD&L infrastructure, food manufacturers in Chicagoland can efficiently source inputs, innovate new products, and reach national and global markets—making the region one of North America’s premier platforms for scaling food production.

View Food Manufacturing Industry Profile


Life Sciences

Chicagoland is one of the nation’s leading life sciences hubs, thanks to its world-class R1 universities, medical schools, federal and corporate R&D, and growing lab space, especially in Chicago and Lake County. This ecosystem is fueling biotech and pharmaceutical innovation through specialized manufacturing, a deep talent pipeline, and investments in AI and bioinformatics, helping the region compete with top national markets at a fraction of the cost.

View Life Sciences Industry Profile


Digital Tech

The Chicago region’s digital tech industry is a fast-growing engine of innovation, especially in advanced computing and AI. A robust workforce that includes software, data, and fintech talent attracts R&D and nurtures startups while creating powerful cross-industry synergies across healthcare, logistics, finance, and manufacturing — supporting a more adaptable and inclusive regional economy.

View Digital Tech Industry Profile


Data Centers

Chicagoland is a key market for data centers, given its central location and proximity to industry users, such as finance and technology. State incentives, as well as power, talent, and land availability have driven industry growth. Moreover, the market is gearing up for the next generation of users, including demand for hyperscale and colocation data centers. Consumer patterns and increased computing capabilities — like AI and quantum — are driving increased data center needs.

View Data Centers Industry Profile


Quantum

Chicagoland is rapidly emerging as a national leader in the quantum industry, fueled by federal investment and a highly collaborative research and business ecosystem. Catalytic initiatives are accelerating commercialization and positioning the region for large-scale quantum development, as well as delivering new economic opportunities for Chicago’s South Side. Breakthroughs in computing, communications, sensing, and cybersecurity are poised to transform industries critical to Chicagoland — including finance, transportation, logistics, and healthcare — creating a long-term competitive advantage.

View Quantum Industry Profile


Vibrancy Industries

Chicago is one of the most vibrant cities and metro areas in the nation. The region’s collection of “vibrancy industries” — interconnected sectors that bring places to life by combining culture, mobility, design, entertainment, food, retail, and visitor activity — help create dynamic places where people want to live, work, and explore. Together, these industries represent one of Chicagoland’s strongest value propositions for attracting businesses, visitors, and talent.

View Vibrancy Industry Profile


Why Chicagoland

Chicagoland’s diverse economy and centralized location make it a magnet for business investment, entertainment and skilled talent attraction. Companies continue to choose Chicagoland to locate and grow. The proof is in the numbers: for thirteen years running, Chicagoland has been crowned by Site Selection Magazine the #1 metro area in the U.S. for corporate relocations and expansions. And Chicago belongs on the global stage: Kearney’s 2025 Global Cities Index once again named Chicago as one of the top 10 cities in the world. Moreover, the Chicagoland area is growing, adding 70,762 people between 2023 and 2024 — the ninth most among metro areas. Transformation and resilience are a core part of our identity, positioning the Chicago metro area as a global economic powerhouse.

News

Inland Signs 140K SF Headquarters Lease in Downers Grove

Inland Highland Parkway Downers Grove

JLL and The Inland Real Estate Companies, LLC (“Inland”) announced Inland signed an approximately 140,000-square-foot, 16.5-year headquarters lease at 3050 Highland Parkway in Downers Grove, Illinois, as part of the company’s long-term strategic business plan to foster collaboration, growth, attract talent and better serve employee’s needs.

The lease encompasses more than half of the 260,852-rentable-square-foot, multi-tenant office building, with Inland occupying floors 7, 6, 5 and a portion of the 4th floor. The company is expected to occupy the space later this year.

JLL represented the landlord in the transaction, led by Jeff Shay, executive vice president, and Allyson Birchmeier, vice president. Larry Sajdak, executive vice president, and Sean Steuart, vice president of leasing, represented Inland.

“Our new headquarters reflects a broader investment in our people and how we work together,” said Tony Chereso, CEO and President for The Inland Real Estate Companies, LLC. “Bringing our teams together in a highly amenitized, collaborative environment allows us to strengthen our culture, operate more efficiently and ensure our workplace supports the long-term growth initiatives of our business.”

With more than 57 years as one of the nation’s largest vertically integrated real estate investment and finance groups, Inland continues to evolve while maintaining long-standing ties to the communities it serves. The relocation reflects how Inland is aligning its workplace strategy with long-term business priorities and the changing ways its teams collaborate. Given Inland’s multiple years of experience in property management, as part of this transaction Inland has also been awarded the right to manage the building for the Landlord as part of its ongoing tenancy.

Located in the Eastern East/West (E/W) submarket, 3050 Highland Parkway is undergoing a comprehensive renovation of its common areas and shared amenities, positioning the building to meet growing demand for high-quality, amenitized office environments.

Planned upgrades include a refreshed lobby, a grand staircase connecting to the lower level, and brand-new tenant amenities such as a fitness center, tenant lounge, library-style workspace, deli/café, conference center and game room. These improvements will be delivered in tandem with Inland’s interior buildout.

“Inland’s commitment reflects how occupiers are re-evaluating their real estate through a long-term lens,” said Shay. “Comprehensive amenity investments and flexible, multi-tenant environments are increasingly critical to attracting and retaining tenants, and this lease is a strong signal of sustained demand for high-quality office product in the western suburbs.”

Inland’s decision aligns with broader workplace trends outlined in JLL’s Workforce Preference Barometer, which shows that while companies continue to optimize their footprints, occupiers are increasingly prioritizing workplace experience, collaboration and flexibility to support in-office engagement and productivity. As organizations refine established in-office policies, investment is shifting toward amenity-rich, technology-enabled environments designed to bring people together and support more agile ways of working.

In March, Crain’s Chicago Business reported that “Highland Park-based developer GTZ Properties is under contract to buy the Oak Brook property from Inland as part of a 27-acre retail redevelopment anchored by Amazon, GTZ Managing Principal Mitch Goltz confirmed. The Inland property is adjacent to the 17-acre Oak Brook Office Center complex that GTZ bought out of foreclosure last summer for $9 million.”


About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 113,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

About The Inland Real Estate Companies, LLC
The Inland Real Estate Companies, LLC, headquartered in Oak Brook, Illinois, is part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest vertically integrated real estate investment, finance, and operating groups. Since 1968, Inland member companies have collectively conducted over $125 billion in commercial real estate transactions and sponsored over 840 alternative investment programs, serving both individual and institutional investors. Inland member companies also deliver a comprehensive suite of commercial real estate services spanning acquisitions, asset management, development, finance, and property management. For more information about Inland and its member companies, please visit www.inlandgroup.com.

News

Tovala Signs Lease for 140K SF, State-of-the-Art Food Processing Facility in Winfield

Food Processing

Brennan Investment Group has announced that it has signed a long-term lease with Tovala, for a new 140,340-square-foot, state-of-the-art food processing facility in Winfield, Illinois. The facility will be developed as a build-to-suit with construction scheduled to commence in March 2026 and substantial completion expected in the second quarter of 2027.

This project represents Brennan Investment Group’s fourth build-to-suit development in the food service sector, further strengthening the firm’s growing niche and expertise in delivering mission-critical production facilities for customers in various industries, including food processing.    

Founded in 2015, Tovala is a leading meal delivery service. Their chef-prepared meals cook effortlessly in their proprietary smart oven, making home cooking a seamless experience. Tovala has delivered more than 45 million meals to date with a vertically integrated model that spans food manufacturing, software, and hardware. The new facility will provide expanded capacity to serve their rapidly expanding customer base.         

“This project reflects Brennan’s ability to deliver highly specialized, build-to-suit solutions for a wide variety of users, including those in the food service and food processing space,” said Tod Greenwood, Head of Build-to-Suit Development at Brennan Investment Group. “We’ve developed a strong niche in the food processing space by understanding the operational requirements of our tenants and partnering with best-in-class teams to execute complex facilities at a high level.”

Greenwood, along with Jack Brennan, Head of Brennan Investment Group’s Midwest Region, and Larry DiVito, Director of Development and Construction, represented Brennan Investment Group in the transaction. Jonathan Kohn of Colliers International represented Tovala.

“We’re excited to bring a development of this quality to the Village of Winfield,” said Jack Brennan. “This facility reflects our long-term commitment to the Midwest and our ability to deliver modern, highly functional industrial buildings that support job creation and economic growth in the communities where we invest.”    

“This facility represents an important next phase of growth for Tovala as we continue to scale our food operations to meet increasing demand,” said Taryn Aronson, Chief Financial Officer at Tovala. “Partnering with Brennan allows us to build a highly specialized facility designed around the complexity of fresh food manufacturing, while creating the infrastructure needed to support our customers across the eastern half of the country.”

About Brennan Investment Group

Brennan Investment Group, a Chicago-based private real estate investment firm, acquires, develops, and operates industrial properties in select major metropolitan markets throughout the United States. Since 2010, Brennan Investment Group has acquired or developed $6.5 billion in industrial real estate in 30 states. The company’s current portfolio spans 29 states and encompasses approximately 57 million square feet.

Brennan Investment Group co-invests with private and institutional capital to achieve outstanding risk-adjusted returns. The company has 18 regional offices throughout the United States, and the firm’s management team is among the most accomplished in its industry, having invested in over 5,000 properties covering more than 60 cities throughout the United States, Canada, and Europe.

For more information on Brennan Investment Group, go to brennanllc.com

About Tovala

Tovala is a leader in the meal delivery space, offering a unique twist on traditional meal services by combining chef-crafted meals with smart oven technology. With the simple scan of a QR code, customers can enjoy fresh, pre-prepped meals that cook automatically, creating a seamless, stress-free dining experience. The Tovala app expands this convenience by unlocking hundreds of chef-tested recipes and enabling the smart oven to scan and cook over 1,000 name-brand groceries perfectly with one touch.

Business Climate

GCEP 2025 Year in Review


View the GCEP 2025 Year in Review here.


Letter from GCEP Leadership

Dear Partners & Friends,

If we could call the first year of the Greater Chicagoland Economic Partnership (GCEP) an exploration of structured regionalism in the Chicagoland area, and the second year an expansion of it, then 2025 can only be characterized as a year of maturation and acceleration. Building upon the momentum and collaborative frameworks established in previous years, 2025 reinforced our commitment to elevating Chicagoland as a unified economic force on the global stage. This year marked several significant milestones that demonstrate the strength of our regional partnership:

Growing Our Capacity: GCEP expanded its team, enhancing our ability to serve the region’s economic development priorities with greater depth and strategic focus. This investment in our organizational infrastructure reflects our commitment to sustainable, long-term, data-driven regional collaboration.

Global Market Engagement: GCEP members participated in a trade delegation to Japan, strengthening vital international relationships and creating opportunities for cross-border investment and trade. This mission underscored Chicagoland’s position as a globally connected business hub and demonstrated our proactive approach to attracting international capital and fostering partnerships in key markets.

Celebrating Major Economic Wins: Throughout 2025, our region secured significant business investments and expansions, from companies like Abbott Labs and Osaka Soda, that validate our collective efforts. These victories span diverse sectors and reflect the breadth of Chicagoland’s competitive advantages—from our world-class talent pool and strategic location to our innovation ecosystem and business-friendly environment.

As we’ve stepped into the roles of Chair and Vice Chair this year, we’ve been consistently inspired by the dedication of our member organizations and the genuine spirit of collaboration that defines GCEP. The willingness of economic development leaders across our counties to work together, share resources, and champion the region as a whole continues to set Chicagoland apart.

We find ourselves in a period of both tremendous opportunity and considerable uncertainty. While external forces—national policy shifts, global economic headwinds, and evolving market dynamics—remain beyond our control, what we can shape is the trajectory of business growth in Chicagoland. That’s precisely where GCEP focuses its energy: on strategic, collaborative action that delivers results.

The pages that follow detail the work accomplished in 2025—work that positions Chicagoland not just to weather uncertainty, but to thrive in it. We invite you to review this progress and to continue standing with us as champions of this remarkable region. Together, we’re building something enduring: a super region with unmatched assets, unified purpose, and unlimited potential.

Thank you for your partnership and your unwavering belief in Chicagoland’s promise.

Sincerely,

Kevin Considine 
Chair, Greater Chicagoland Economic Partnership
President & CEO, Lake County Partners

Doug Pryor
Vice-Chair, Greater Chicagoland Economic Partnership
President & CEO, Will County Center for Economic Development


View the GCEP 2025 Year in Review

News

Chicago Glue and Machine Sets New Industry Standard with State Green Certification


Leading DuPage County manufacturer recognized for its commitment to environmental stewardship and sustainable operational excellence.

Chicago Glue and Machine set a new industry standard by earning green certification through Sustainable DuPage and the Illinois Green Business Program. The achievement recognizes the company’s commitment to environmental stewardship and its successful implementation of sustainable business practices across its operations.

Becoming a Certified Illinois Green Business isn’t just a certificate in a frame, it represents an acknowledgement in how Chicago Glue incorporated sustainability across all its operations. By meeting the IGBA’s high standards, the company has joined an elite group of Illinois businesses dedicated to reducing their environmental footprint while boosting economic performance.

“Sustainability is very important to CGM,” said Adam Norton, General Manager of Chicago Glue and Machine. “We want to make sure that we are doing everything that we can to reduce our impact on the environment.”

To earn this certification, Chicago Glue and Machine underwent a rigorous evaluation of its internal processes, focusing on six key areas of sustainability: energy efficiency, water conservation, waste reduction, pollution prevention, transportation, and community engagement.

“Chicago Glue and Machine was already implementing many sustainability initiatives that reduced waste and environmental impact,” said Cassie Carroll, Assistant Director at the EnergySense Resilience Center at the University of Illinois System. “Certification cemented their commitment to operating as a sustainable business and showcased how manufacturers in the Chicagoland area can join their lead.”

As a part of the certification process, Chicago Glue and Machine implemented several key initiatives, including:

  • Waste Diversion: Implemented a robust recycling program that captures hard-to-recycle materials, such as batteries and bread tabs.
  • Policies in Place: Approved policies to ensure sustainability practices are maintained over time in partnership with their “Stuck on Sustainability” committee.
  • Green Cleaning: Prioritized the use of less-toxic cleaning supplies that were EPA Safer Choice certified to improve indoor air quality and employee safety.
  • Water Conservation: Reuse water in their cooling process and installed low-flow faucet aerators on handwashing sinks to reduce water use.
  • Neighborhood Clean-Ups: Hosts annual neighborhood cleanups in their business park to reduce pollution and litter, keeping their business park clean.

Chicago Glue and Machine’s certification was made possible through the Sustainable DuPage Green Business Program, a partnership between the EnergySense Resilience Center and Choose DuPage.

“The Sustainable DuPage program through Choose DuPage is a powerful catalyst for an organization,” said Greg Bedalov, President & CEO of Choose DuPage. “The program provides practical tools, expert guidance, and a clear path forward, enabling a company to elevate their sustainability efforts and successfully achieve Illinois Green Business Certification. The partnership formed with EnergySense Resilience Center strengthens environmental impact and long-term business strategy.”

Chicago Glue and Machine set an example for others in their industry that demonstrates that increasing efficiency with sustainability in mind can also be a profitable business strategy for Illinois companies.


About Chicago Glue and Machine

At Chicago Glue & Machine, their mission is to keep bottles decent, boxes’ bottoms secured and rid the world of glue-mergencies, 24/7/365. We provide the glue, adhesives and equipment our customers rely on to avoid the drama of a world without glue.

About Sustainable DuPage

Sustainable DuPage is a sustainability-focused program led by Choose DuPage in partnership with the DuPage County Environmental Division, designed to help local businesses adopt greener practices, reduce environmental impact, and connect them to resources, incentives, and education. A key component is offering free Green Business Assessments and sustainability resources that help companies improve efficiency, lower costs, and take actionable steps toward environmental stewardship. The initiative also hosts webinars, toolkits, and sustainability planning tools aimed at educating and motivating organizations to implement sustainable practices in operations and long-term growth. 

Download the Sustainable DuPage Green Business Checklist here.

About the Illinois Green Business Program

The Illinois Green Business Program is a partnership between the nonprofit organization, the Illinois Green Business Association (IGBA) and the EnergySense Resilience Center at the University of Illinois System. Through the Illinois Green Business Certification Program, they provide the tools, support, and resources necessary for businesses to thrive while protecting the environment.

IGBA is a non-profit organization dedicated to helping businesses throughout Illinois adopt sustainable practices. EnergySense empowers organizations such as communities, businesses, and public agencies, with practical solutions for climate, energy, and sustainability. 

 

Business Climate

Illinois Ranks #2 for Corporate Expansion Projects, 4th Year in a Row

Greatest Workplaces DuPage County, IL

As the state’s business-led economic development organization, the Illinois Economic Development Corporation (Illinois EDC) is proud to share that Illinois ranks second for corporate relocations and expansions, according to leading economic development trade publication Site Selection.

“Illinois EDC has seen a surge of companies interested in moving to or growing in Illinois, and for good reason. Illinois offers a prime location and strong infrastructure, a balanced and resilient economy, and a diverse and skilled talent pool—the very requirements businesses want and need to thrive,” said Illinois EDC President and CEO Christy George. “Illinois’ streak of serving as a national leader for businesses demonstrates Illinois’ desirability, and the sustained trajectory is proof the hard work put into making Illinois attractive to job creators is paying off.”

This ranking reflects growth across the entire state, as Illinois is focused on strengthening the economy and expanding opportunity from Rochelle to Rantoul, Mattoon to Mt. Vernon, and Chicago to Collinsville,” said Illinois EDC Chairman John Atkinson. “The Pritzker administration’s steady focus on a stable budget, preparing sites so they’re open for development, and updating incentives has put Illinois at the forefront of economic development.”

Site Selection’s Governor’s Cup rankings are widely viewed as the economic development standard-setter.

Some fast facts about the findings of the “industry scorecard” for calendar year 2025:

This is Illinois’ fourth year ranking as #2 in the rankings (2022, 2023, 2024, 2025)

  • Illinois was runner-up in both cumulative and per-capita categories
  • A total of 680 Illinois projects qualified

This is the Chicago metropolitan area’s 13th year ranking as #1 Top Metro 

  • The metro area covers Chicago-Naperville-Elgin
  • The metro saw 606 qualifying projects

Three Illinois communities ranked within the Top 100 Micropolitans:

  • Charleston-Mattoon (tied with others for 25th)
  • Galesburg (tied with others for 25th)
  • Rochelle (tied for 40th)

Only major projects qualify. To be counted in the “Conway Projects Database,” projects must meet one or more of the following criteria:

  • Investment of $1 million or more
  • Creation of 20 or more new jobs
  • 20,000 square feet or more of new space

Team Illinois is led by Governor JB Pritzker and comprises the state Department of Commerce and Economic Opportunity (DCEO), local economic development organizations and real estate and utility leaders, and is lifted by Illinois EDC’s CEO-led board of directors.

“Capital flows to places where there’s momentum and confidence. Illinois’ performance in 2025 reflects both. For companies evaluating where to deploy significant investment, this kind of sustained showing creates a cycle of success, and that’s exactly what we’re seeing across Illinois,” said  Jim Reynolds, CEO of Loop Capital and Illinois EDC chairman emeritus.

“Manufacturers are leading the business boom in Illinois, driven by an ecosystem that supports innovation and cutting-edge technology. Our success is built upon a best-in-class workforce, comprehensive infrastructure, central location, and access to water,” said Mark Denzler, president and CEO of the Illinois Manufacturers’ Association. “Advanced manufacturing is driving the future economy, spurring growth and sustainability in communities throughout Illinois. We look forward to building on this momentum with new investments in safe, reliable and affordable energy including gas and nuclear, streamlining permitting processes, and continued development of data centers that are the foundation of a modern and innovative economy that includes advanced manufacturing and quantum computing.

Illinois EDC contributed to significant projects. New companies coming to Illinois on account of Illinois EDC and its Team Illinois partners include Pure Lithium, which moved its entire operations from Boston to Chicago to manufacture commercially viable lithium metal batteries, Damera Corporation which plans to make electric buses at first U.S. assembly plant in Greater Peoria, and Epic Pharma Solutions Inc. which will produce IV solutions at its first U.S. facility in Pekin. Illinois’ ascent as a leader in quantum also had new tenants agreeing in 2025 to join the Illinois Quantum and Microelectronics Park on Chicago’s South Side, including  DiraqInfleqtionPasqal,and Silicon Catalyst.

Business Climate

Chicagoland Named #1 U.S. Metro for Corporate Relocation & Site Selection

Chicagoland #1

$1.7B in Earnings, 26.3M Sq. Ft. of Space & 19,600 Jobs Fuel Top Ranking

The Chicagoland region has again been named the top U.S. metro for corporate relocation and site selection by Site Selection Magazine, marking a record 13th consecutive year in the No. 1 position. The annual ranking, based on verified corporate facility projects, is widely regarded as a measure of business expansion and investment activity nationwide and reflects the region’s unmatched talent pipeline, infrastructure, connectivity, and business climate.

“Chicago’s continued leadership in corporate relocation and expansion reflects the strengths our city has built over generations,” said Mayor Brandon Johnson. “From manufacturing and freight to transportation and global logistics, we have long served as the backbone of American commerce. That industrial depth, combined with modern infrastructure and a skilled workforce, is why companies continue to choose Chicago to grow, invest, and innovate. Recent commitments from Universal Horror Unleashed, Hexaware Technologies, The Hand and The Eye, Freedman Seating Company, Infleqtion, and the collaboration between David Byrne and The Goodman demonstrate that our historic strengths continue to power new industries and new opportunities.”

World Business Chicago (WBC) tracks corporate expansions, relocations, and new market entrants across the city and the Chicagoland region through its Pro-Chicagoland Decisions (PCDs) metric. The WBC Research Center dataset captures announced office, industrial, headquarters, warehouse, data center, and call center projects that meet defined square footage and employment thresholds, i.e., a standardized measure of business investment and growth in the city and region.

In 2025, WBC recorded 223 qualifying PCDs, a 40% year-over-year increase. These projects include companies expanding existing local operations, relocating from outside the region, or entering the Chicagoland market for the first time. Based on WBC’s methodology, this activity corresponds to an estimated 19,600 new and retained jobs, $1.7 billion in annual earnings, and more than 26 million square feet of commercial and industrial space. The pace of expansion and market entry outperformed 2024 totals and reflects sustained business confidence in the region’s workforce, infrastructure, and market access.

“Site Selection Magazine’s annual rankings once again underscore the scale of Chicagoland’s business momentum,” said Adam Bruns, Editor in Chief, Site Selection Magazine. “All told, more than 3,100 corporate facility projects qualifying for our database landed last year in the 30 U.S. metros listed among the top 10 by total projects in each of three population tiers. Chicagoland’s projects represented nearly 20% of the total. Those are some mighty big shoulders. Mayor Brandon Johnson is fond of the Scripture that says, ‘Where your treasure is, there your heart will be also.’ The quantity of corporate treasure pouring into his city and the entire region seems to indicate the economic heart of this globally connected heartland region is beating like never before.”

INDUSTRY BREAKDOWN: POWERING ECONOMIC GROWTH

WBC’s 2025 PCDs reflect a diversified economy performing across both legacy industries and high-growth sectors. Across 223 total projects, companies invested in areas that combine production scale, innovation capacity, logistics strength, and consumer-driven vibrancy — translating directly into jobs, capital investment, and long-term competitiveness.

  • Manufacturing remained the largest sector, accounting for 38% of all projects (86 total) and delivering 2,806 new jobs — reinforcing the region’s strength in advanced production and reshoring activity.
  • Professional, Scientific & Technical Services represented 16% (36 projects) and 632 new jobs, highlighting continued expansion in engineering, technology, and innovation-driven enterprises.
  • Transportation & Warehousing comprised 13% (29 projects) and 225 new jobs, reflecting sustained demand for Chicagoland’s unmatched multimodal logistics infrastructure.
  • Finance & Insurance accounted for 6% (14 projects) and 190 new jobs, with growth across financial services, insurance analytics, and fintech-related operations.
  • Retail, Arts & Entertainment, and Accommodation & Food Services collectively contributed 2,550 new jobs — underscoring the growing economic impact of talent-driven industries and destination-oriented investment.

Among the largest projects counted in the 2025 Site Selection ranking include:

  • Amazon – 1,200 jobs (Will County)
  • Hollywood Casino Joliet – 600 jobs (Will County)
  • NBC Universal Horror Unleashed – 400 jobs (Chicago)
  • Fortune Brands Innovations – 400 jobs (Lake County)
  • Hexaware Technologies – 250 jobs (Chicago)

 “Chicago wins because of structural advantages— central geography at the heart of North American trade, the busiest multimodal freight network in the country, unmatched global connectivity through O’Hare, and a 5.5 million–person workforce that spans advanced research to essential operations,” said Phil Clement, President & CEO, World Business Chicago. “Add nearly 150,000 students entering our regional economy each year, competitive utilities, abundant water, scalable industrial space, and a deliberate focus on vibrancy as an economic driver, and you have a region built for sustained growth.”

Clement noted that the organization’s long-term strategy, Chicago 2050 | A Plan for Economic Growth and Jobs, outlines a roadmap to grow the regional economy from approximately $950 billion today to more than $1.4 trillion by 2050. The plan emphasizes that sustained growth will depend not only on established sectors such as manufacturing, TD&L, and finance, but also on the economic power of big ideas like quantum, clean energy, and vibrancy. Download the full Chicago 2050 report here.

In Chicago, vibrancy is not peripheral to economic growth. It contributes directly to it. Cultural and experience-driven investments attract talent, increase visitor spending, activate commercial corridors, and strengthen the city’s global profile. Projects such as David Byrne’s Theatre of the Mind, Universal’s Horror Unleashed, and The Hand and the Eye, which is transforming a historic Michigan Avenue mansion into what is described as the world’s only permanent magic and illusion residency venue, demonstrate how adaptive reuse and creative reinvention are expanding the economic potential of existing assets while complementing new development across the city. As WBC advances the Chicago 2050 Plan for Economic Growth & Jobs, this convergence of culture, design, and technology reinforces a broader principle: long-term competitiveness depends not only on infrastructure and industry, but also on how it strengthens the vitality that attracts people and investment.

ONE REGION, ONE VISION

The Site Selection Top Metro ranking reflects the strength of a city and region that competes — and wins — as one. Through the Greater Chicagoland Economic Partnership (GCEP), Chicago and Cook, DuPage, Kane, Kendall, Lake, McHenry, and Will counties align around a unified strategy to attract capital, grow industry, and scale opportunity across the entire seven-county footprint. Learn more about GCEP here.

“This recognition reflects the evolution of Chicagoland as a fully integrated economic region,” said Kevin Considine, Chair of the Greater Chicagoland Economic Partnership and President & CEO of Lake County Partners. “Major investors aren’t evaluating city or county boundaries — they’re looking at regional scale, talent depth, infrastructure, and long-term competitiveness. Chicagoland delivers on all of it. The continued expansion of companies like Fortune Brands reinforces the confidence corporate leaders have in our collaborative model and our ability to execute.”

That confidence is translating into concrete investment decisions across the region, spanning advanced manufacturing, logistics, corporate headquarters, and global consumer brands. Companies are expanding operations, deepening their footprint, modernizing facilities, and committing long-term capital in communities across Chicagoland.

“Consolidating and expanding our headquarters in Deerfield was a strategic decision rooted in long-term growth,” said Kristin Papesh, Chief Human Resources Officer of Fortune Brands Innovations. “Chicagoland offers the talent depth, connectivity, and collaborative ecosystem we need to accelerate innovation and operate at scale. Our new campus is already strengthening engagement and speed to market — and this region provides the workforce and business environment that positions us for sustained success.”

In 2025, GCEP strengthened cross-county coordination and expanded international engagement, including hosting SelectCHI for global decision-makers and leading a strategic trade mission to Japan. Operating through WBC as the region’s convener, the GCEP supported major investments by Abbott Laboratories, Fortune Brands, and Osaka Soda. By aligning governments, industry, and workforce partners, the region competes as one, resulting in new jobs, expanded facilities, and long-term capital investment.

The Site Selection Top U.S. Metro ranking affirms that Chicago’s economic strength extends across a fully connected network of industries, institutions, and counties. From advanced manufacturing and logistics hubs to research universities and innovation centers, the region operates as one coordinated economic system. That alignment converts corporate interest into executed investment and measurable growth.

“Chicago is the greatest city in the world to build, grow, and scale a business,” said Mayor Johnson. “If you are planning your next phase of expansion, whether next year or over the next generation, let’s talk. All of us are ready to help you realize your plans, meet your goals, and become part of Chicago’s next chapter of growth.”


Regional Leaders Declare Chicagoland a National Model for Corporate Growth & Investment

DuPage County | Deb Conroy, DuPage County Chair:

“We are very pleased and proud that Site Selection Magazine has recognized the Chicagoland region for business expansion and relocation for an unprecedented 13 consecutive years.  This recognition reinforces our firm belief that Chicagoland is benefiting from our collective efforts concerning matters critical to business expansion and future growth.  We will continue to work hard and promote the region as a premier global business location.”

Cook County | Toni Preckwinkle, Cook County President:

“This recognition reflects the strength of Northeastern Illinois as a region that competes and succeeds through collaboration, talent and long-term investment. Our diverse economy, world-class workforce and growing innovation sectors, including quantum and advanced manufacturing, position us to lead in a rapidly changing global marketplace. Earning the top ranking once again underscores the value of the Greater Chicagoland Economic Partnership and our shared commitment to attracting new investment, supporting existing businesses and driving sustainable growth across Northeastern Illinois.”

Kane County | Corinne Pierog, Kane County Board Chairman:

“The Kane County Economic Development Organization, now in its second year, has strengthened and modernized our approach to economic growth. Now fully operational, the organization is advancing strategic partnerships and targeted financial tools to drive expansion in manufacturing, agriculture and tourism, sectors that define Kane County’s competitive advantage.

In collaboration with the Greater Chicago Economic Partnership and World Business Chicago, Kane County is firmly positioned as a competitive job generator on both the regional and global stage. That momentum is reflected in the Chicagoland region’s recognition by Site Selection Magazine for business expansion and relocation for an impressive 13 consecutive years.

The Kane County Economic Development Organization’s mission is centered on collaborative and sustainable business recruitment, workforce alignment, international engagement, and the continued affirmation of our agricultural industry, ensuring Kane County grows as a dynamic, multi-level hub for innovation, job creation, and long-term economic prosperity.”

Kendall County | Matt Kellogg, Kendall County Board Chairman:

“This recognition affirms what we see in Kendall County every day: businesses are choosing to invest in communities that are ready for economic development. As part of the Greater Chicagoland Economic Partnership, Kendall County understands that our success is tied to the strength and appeal of the entire region. Through this partnership, we now compete on a global stage while delivering local results to our residents. From manufacturing to logistics and professional services, Kendall County offers substantial land, a skilled workforce, and strategic access to major transportation corridors. We remain committed to smart growth that brings high-quality jobs and long-term opportunities to the region. As our population continues to grow exponentially, our infrastructure and capacity only improve further for continued economic development.”

Lake County | Sandy Hart, Lake County Board Chair:

“Chicagoland’s continued recognition as the #1 U.S. Metro for corporate relocation and site selection speaks volumes about the strength of our regional collaboration, diverse talent pipeline, and world-class infrastructure. Lake County is proud to play a key role in that success story. In 2025, Lake County was named one of the top 10 counties in the U.S. for site selection and celebrated its strongest year on record for capital investment and job creation.

When businesses choose this region, they’re choosing innovation, connectivity, and communities that are committed to sustainable, long-term growth. We will continue working with our partners across the region to ensure companies and people not only relocate here but thrive as well.”

McHenry County | Michael Buehler, McHenry County Board Chairman:

“For 13 straight years, Site Selection Magazine has recognized the Chicago Metro area’s unmatched economic strength—its world-class workforce, infrastructure, innovation, and business climate. No region can match what we bring to the table for job creators, investors, and innovators, big and small. McHenry County is proud to join the City of Chicago, and our county and municipal partners in the Greater Chicagoland Economic Partnership, in celebrating this milestone.”

Will County | Jennifer Bertino Tarrant, Will County Executive:

“The Chicagoland Region continues to lead the nation in attracting large-scale projects that deliver high-wage, sustainable careers. By working together, local leaders throughout the region have been able to harness our shared assets, drive development, and deliver results for our residents. It’s important that we keep this momentum going to ensure continued investment in our communities.”

News

Business and Community Leaders Gather to Unpack What Is Shaping the Year Ahead at Deep Dive DuPage

Deep Dive DuPage

On Wednesday, February 4, business and community leaders gathered at Hotel Arista to unpack what’s shaping the year ahead at Deep Dive DuPage.

Jon Adams, CFA, Senior Vice President and Chief Investment Officer with Calamos Wealth Management shared the realities of a K-shaped economy, a divided Fed, and how AI and equity markets are influencing growth and decision-making.

Greg Bedalov, President & CEO of Choose DuPage took a “deep dive” into DuPage County—discussing the economic trends that are impacting our community and what it means for businesses.

Hosted by Choose DuPage and sponsored by Dugan + Lopatka CPAs and Calamos Real Estate LLC, Deep Dive DuPage brings local leaders together to explore the issues that matter most. 

Download Greg Bedalov’s presentation.

News

2026 State of DuPage County

State of DuPage County

Originally published by Midwestern University

Midwestern University’s Downers Grove Campus recently welcomed civic and business leaders for the State of DuPage County Luncheon & Business Expo, hosted by Chamber630 on January 22, 2026. The event brought together voices from government, healthcare, economic development, education, workforce, and nonprofit sectors to discuss the county’s trajectory and shared priorities.

Joshua Baker, O.D., M.S., President and CEO of Midwestern University, greeted attendees and later joined the leadership panel. Located in Illinois’ second-most populous county, Midwestern’s Downers Grove Campus plays a significant role in DuPage County’s educational, healthcare, and economic landscape.

County Leadership Highlights Fiscal Strength and Growth

DuPage County Board Chair Deborah Conroy emphasized that the County’s strong financial position is enabling meaningful investment in residents and local institutions. She noted that reduced debt, healthy reserves, a balanced budget, and an AAA bond rating from all three major agencies allow DuPage to fund major initiatives without raising taxes.

Chair Conroy highlighted Midwestern University’s planned Doctor of Veterinary Medicine program as a major regional asset, describing it as both an economic driver and a vital addition to Illinois’ healthcare and animal care workforce. She said the program is expected to foster partnerships with local organizations such as the DuPage Animal Shelter while reinforcing the County’s broader focus on health and community well-being. She also highlighted the powerful impact of the County’s new Crisis Recovery Center, which provides a centralized location for individuals experiencing mental health or substance use crises.

Midwestern University Focused on Workforce Needs

The panel discussion was moderated by Karyn Charvat, Executive Director of PowerForward DuPage, and also featured Chair Conroy, Greg Bedalov, President and CEO of Choose DuPage; Eric Rhodes, President of Advocate Good Samaritan Hospital; and Mike Briggs, President of Little Friends. During the discussion, Dr. Baker underscored the importance of collaboration in meeting workforce needs.

“Probably the most important thing we’re doing is listening to our partners,” Dr. Baker said. He pointed to the new academic building under construction on campus, the future home of the veterinary medicine program, as an example of aligning academic growth with regional demand.

Dr. Baker also emphasized the importance of expanding residency training in partnership with health systems. “One of the most effective ways to help students stay in this region is by building strong residency programs,” he said. “There’s clear data that students tend to stay where they train.” Midwestern has a dedicated team focused on helping healthcare partners develop and sustain residency programs, strengthening the local pipeline of healthcare professionals.

Keeping Healthcare Education Within Reach

Dr. Baker also addressed a major national challenge affecting students pursuing advanced healthcare degrees. Changes at the federal level are eliminating the Graduate PLUS loan program, a key source of funding for many professional students. The loss of this option creates a significant financing gap for future healthcare providers.

In response, Dr. Baker highlighted Midwestern’s long-standing institutional MWU Loan program, which offers lower-cost financing funded through the University’s own bond-supported model.

“We believe in our students. They get great educations, they get great jobs, and they pay back their loans,” he said. The University is now working to expand this program to help ensure that finances do not become a barrier to pursuing a healthcare career, particularly as workforce shortages persist across the region.

A Shared Vision for DuPage’s Future

Throughout the discussion, panelists returned to a common theme: DuPage County’s future depends on strong partnerships among business, healthcare, education, and community organizations. Events like the State of DuPage meeting highlight how institutions such as Midwestern University contribute not only to workforce development, but also to the long-term health and economic vitality of the region.

News

Chicago Takes Flight: O’Hare Crowned America’s Busiest Airfield

O'Hare

New FAA data shows O’Hare overtook Atlanta in 2025 for first time since 2019, leveraging its position as the most connected airport in the U.S. for the past four years.

Mayor Brandon Johnson today announced that O’Hare International Airport is the busiest airfield in the United States, according to newly released preliminary data from the Federal Aviation Administration. In 2025, 857,392 aircraft landed or took off from O’Hare—more than any other airport in America.

While final global rankings and full passenger figures for 2025 are still pending, the FAA’s operations data confirms what Chicagoans already know: O’Hare is the beating heart of American aviation and a cornerstone of the nation’s economy.

“This is more than a statistic, it’s a statement about Chicago’s momentum,” said Mayor Brandon Johnson. “From the runways of O’Hare to the neighborhoods across our city, Chicago is building, growing, and leading. We are open for business, open to the world, and once again setting the pace for the nation.”

O’Hare’s return to the top spot reflects a powerful post-pandemic recovery, the strength of Chicago’s workforce, and the impact of sustained investment in airport modernization, airfield capacity, and global connectivity. As the country’s best-connected airport, O’Hare continues to serve as a gateway not only to Chicago, but to the Midwest, the nation and the world.

“Every one of those flights represents jobs, commerce, tourism, and opportunity,” said Commissioner Michael McMurray of the Chicago Department of Aviation. “Our CDA team and our key airline partners, like United Airlines and American Airlines and their many O’Hare operations workers, move mountains every day to keep O’Hare running at this busy level, no matter the season, no matter the obstacles. This achievement belongs to them—and to the people of Chicago.”

The milestone underscores the need to continue to invest in Chicago’s multi-billion-dollar ORDNext program, which is expanding capacity, improving the passenger experience, and preparing the airport for the next generation of global air travel, starting with the $1.3 billion, 19-gate New Concourse D, scheduled for completion in late 2028.

“O’Hare’s return as the busiest airport in America underscores one of Chicago’s greatest competitive advantages: unmatched global connectivity,” said Phil Clement, President & CEO of World Business Chicago. “For companies deciding where to locate, expand, or invest, access to markets, talent, and customers is critical—and O’Hare sits at the center of that equation. This recognition reinforces the importance of continued investment in our airports, including the ORDNext capital program and the new $1.3 billion Concourse D, recent examples of why O’Hare continues to deliver one of the best airport experiences in the country.”

“This achievement for O’Hare is a powerful reflection of Chicago’s momentum and our unmatched connectivity to the world,” said Kristen Reynolds, President and CEO of Choose Chicago, the city’s official destination marketing organization. “Our airports are more than international hubs for transportation—they are our front door, the first touch point for millions of visitors every year, and a symbol of how Chicago is Never Done and Never Outdone. Having the busiest airport in the United States underscores the strength of our aviation partners, our workforce, and our visitor economy, and it reinforces Chicago’s position as a global hub for both business and leisure travel.”

Preliminary data also shows that Midway International Airport ranked 38th in the nation for takeoffs and landings, with 210,930 in 2025, behind Raleigh-Durham International Airport and ahead of Portland International Airport in Oregon—further underscoring Chicago’s strength as a dual-hub system. Across both O’Hare and Midway, an aircraft took off or landed in Chicago every 30 seconds in 2025. “With Midway playing a critical role in serving millions of business and leisure travelers last year, Chicago’s dual-airport system is unmatched by any other U.S. city,” said Commissioner McMurray.

Preliminary global data expected early this spring is likely to confirm O’Hare as the busiest airfield in the world, with official rankings from Airports Council International—the global authority on airport data—to be released later this summer.