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Economic development partners report Savencia expansion, grants to local businesses and workforce programs
Summary
County economic-development staff reported a Savencia Colmena expansion tied to a Costco agreement, ongoing employer recruitment (NICOR due diligence), and three small businesses awarded state infrastructure grants. Officials also previewed entrepreneurship programs and a new membership director.
Speakers for the county economic development partnership told the Plan Development Committee that local business activity is progressing, including a major production increase at a processing facility and state-funded grants for small businesses.
Speaker 4 reported that November produced 915 unique job postings in Stephenson County, down from just over 1,100 in October, and that roughly 289 employers were posting positions with a median annual salary near $53,000. She listed frequent local employers as FHN, GPAC, Pro Pavilion, Walmart, Highland and LK Water Solutions, and…
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