Boone County reports record economic growth with 6000 new jobs and major investments

The Boone County Board convened on December 19, 2024, to discuss significant developments in workforce and economic growth within the region. The meeting highlighted the achievements of the past year, with a focus on investments and initiatives aimed at enhancing local business opportunities.

Kim, a representative with extensive experience in workforce and economic development, presented a report detailing a remarkable year for Boone County. She noted that the community has seen a total of 4 million square feet of newly developed and occupied space, contributing to an impressive $8.5 billion in added development. This growth has not only increased recognition for Boone County but has also attracted further investments and encouraged existing businesses to expand.

A key initiative discussed was the Boone County Success Network, which aims to create a pipeline for workforce development in collaboration with local school districts. This program will provide students with certifications, training, and internship opportunities, supported by new funding from the Illinois Manufacturing Association for scholarships in welding classes.

Additionally, the board is formalizing an automotive industry network to connect local manufacturers with innovative technologies and suppliers. This initiative is expected to bolster the automotive sector in Boone County.

The meeting also addressed the upcoming Entrepreneurial Week in February, which will feature workshops focused on funding resources and technology for small businesses. The goal is to equip local entrepreneurs with the tools necessary to sustain and grow their businesses in a challenging economic landscape.

Concerns were raised about the potential for new grocery stores in the area, with discussions highlighting the importance of demographic data and traffic patterns in attracting such businesses. The board acknowledged the current trend of online shopping impacting foot traffic in physical stores, which has led to some closures. However, optimism was expressed that as larger businesses establish themselves, grocery store opportunities will increase.

Overall, the Boone County Board meeting underscored a proactive approach to economic development, emphasizing collaboration, education, and strategic planning to foster a thriving business environment in the region. The board plans to continue these efforts into the new year, focusing on sustaining growth and supporting local enterprises.