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Economic Alliance outlines $2.5 billion in local investment, flags housing and workforce gaps
Summary
Tim Nugent, president of the Economic Alliance, presented the organization's annual report, citing roughly $2.5 billion in investment over five years, more than $8.8 billion in exports, roughly 7,000 local manufacturing jobs, and an ongoing need for housing and workforce training.
Tim Nugent, president of the Economic Alliance, presented the organization’s annual report to the Kankakee County Board, saying the group works with municipalities, realtors and state partners to retain and attract employers and to market county assets.
Nugent told the board that the Economic Alliance tracked about $2,500,000,000 in investment in Kankakee County over the last five years and said county exports total about $8,800,000,000 over the same period. He said the county has roughly 7,000 manufacturing jobs and that manufacturing wages produce nearly $933,000,000 in payroll locally. Nugent also highlighted two recent large projects the alliance helped advance: a CSL Behring…
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