Quarterly update to the Board of Directors of the Economic Alliance of Kankakee County. Operations report was accompanied by presentations by Frank Patton of Great Lakes Basin LLC and Michelle Michals of the Illinois Department of Commerce and Economic Opportunity.

1. Board Report
November 12, 2015
Olivet Nazarene University – Weber Leadership Center
Guest Speaker: Frank Patton, Great Lakes Basin LLC

2.  Q4 2015 Economic Indicators Report
• Population, Labor Force, Unemployment & Income
 Economic Alliance Q4 Programming Report
• Business Retention & Expansion
• Business Attraction
• Small Business & Entrepreneurship
• Community Development
• Workforce Development
• Regional Development
• Marketing & Promotion
Agenda

3. Q4 2015 Economic Indicators Report
Population, Labor Force, Unemployment & Income
May 10, 2015

4. Q4 2015 Economic Indicators Report
Population, Labor Force, Unemployment & Income

5. Q4 2015 Economic Indicators Report
Population, Labor Force, Unemployment & Income

6. Q4 2015 Economic Indicators Report
Population, Labor Force, Unemployment & Income

7. Kankakee County Labor Force
June 2008 56,082
June 2015 55,372
-1.3% growth
September 2015 55,830
Illinois Labor Force
June 2008 6,658,906
June 2015 6,491,046
-2.52% growth
U.S. Labor Force
June 2008 154,313,00
June 2015 157,037,00
1.76% growth

8. Kankakee County Unemployment
June 2008 8.0%
June 2015 6.0%
September 2015 5.9%
Illinois Unemployment
June 2008 6.3%
June 2015 5.9%
U.S. Unemployment
June 2008 5.6%
June 2015 5.3%

9. Per Capita Personal Income
Kankakee County
Source: U.S. Federal Reserve
Figures released November 20, 2014, by the U.S. Department of
Commerce Bureau of Economic Analysis (BEA) show Kankakee
County leading most metropolitan statistical areas nationwide in
personal income growth. According to the report, per capita
personal income grew 4.7% here from 2012 to 2013, exceeding
the U.S. growth rate of 2% and positioning Kankakee County sixth
nationally for this indicator.
Kankakee County
Per Capita Personal Income
2011 $33,945
2012 $35,243
2013 $36,892
Illinois Per Capita Personal Income
2011 $44,483
2012 $47,184
2013 $48,165
U.S. Per Capita Personal Income
2011 $44,208
2012 $45,326
2013 $45,362

10. Business Retention & Expansion
• Top Employer
Luncheon 10/1
• Local taxing district
outreach ongoing
• IL DCEO taking
important steps
forward on
development
incentives.
http://1.usa.gov/1Nre9vy

11. Business Retention & Expansion
CSL/Alliance to meet with State of Illinois 11/20/15

12. Business Attraction
Primary Prospects
 Project Irish
• Relocating coatings manufacturer
• 100,000 sq. ft. build in northern part of county
• Groundbreaking anticipated 60-90 days
 Project Current
• Illinois-based energy provider
• 50 jobs projected, $500M-$1B capital investment
• Site visit September
• Options on land, utility permits secured
 Project Purple
• $5-$10M capital investment
• 40+ jobs projected

13. Business Attraction
• Brochure creation
• Local and regional
publicity
• Connection of broker
team with nationwide
site selectors
• Open house TBA

14. Business Attraction
• Building supplier attraction strategy
based on strong growth projections
• Focus on equipment and service
providers v. raw material suppliers
• Initial meeting with procurement 12/1

15. Small Business & Entrepreneurship
 Saturday, November 28
 First-time countywide collaborative retail promo
 Dedicated web page for coupon posting
 http://www.kankakeecountychamber.com/shop-small
 Open to all small businesses

16.  Village of Bradley Strategic Planning Implementation
 Conceptual renderings: Broadway & Rte. 50 commercial corridors
 Broadway Redevelopment Committee technical support
 Downtown Kankakee Historic District Designation
 Technical support to Kankakee Development Corp., consultant & volunteers
 20% federal tax credit available for qualifying development
 November submission of preliminary application to State of Illinois anticipated
 I-57 Interchange @ Bourbonnais Parkway
 Market Feasibility Study RFP
 Project funding and contracting underway
Community Development

17. EASTERN EMPLOYMENT HUB
Mechanic Street Improvement – Momence

18. Workforce Development
 Opportunity 3000 Campaign
 CHEE brochure and K3CHEE landing page/website and Twitter
 Seamless Learning System for manufacturing careers
 School-Career cohort program at Kankakee High School
 New Partnerships
• CSL, Sears, First American Bank, Aqua, Johnsonville, Exelon
• KAHRMA
• KARVES and KACC superintendents
• Local media
 Budget & Fundraising

19. Regional Development
10/23/15 Summit on Regional Competitiveness, Federal Reserve Bank of Chicago

20. Marketing & Promotion
Media Placements
 25+ media placements
 Print and Radio: Bourbonnais Corporate HQ, Opportunity 3000 campaign, MVM IEDC
credentials, MVM IEZA president, Small Business Saturday
Events
 Sears Holdings corporate exec presentation, Opportunity 3000 Lunch & Learn,
K3 Housing Task Force, Global Logistics Summit, ONU Engineering Career Fair
New Materials
 THRIVE Magazine 2015
 Bourbonnais Corporate HQ brochure
 “Business in Focus” advertorial
 CHEE materials, including video
“Opportunity 3000: Career Success in Kankakee County”
Click image to play video.

21. Operations: Annual Appeal
New Private Investment Raised
$24,750.00