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Elgin EDC reports $28 million in new investment, details incoming businesses and jobs
Summary
EDC director Kaylee Frye told the Elgin City Council that the Elgin EDC recorded $1.5 million in sales tax revenue for 2025 and $28 million in new investment in the EDC business park, and outlined multiple construction projects, business incentives and upcoming openings.
Kaylee Frye, introduced to the council as the Elgin Economic Development Corporation director, presented an annual update highlighting recent private investment and projects in Elgin.
"We did 1,500,000 in sales tax revenue last year," Frye said, adding that the EDC recorded "$28,000,000 in new investment in our Elgin EDC business park." She told the council there are currently four businesses under construction in the park and identified several named projects.
Frye described construction progress on Yerco, a…
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