Bumped up for visibility.
* 7:36 pm - A group of way overboard NIMBYs lost a big one, thankfully…
Officials from Navistar International Corp. are expected to announce the engine manufacturing company’s plan to move its headquarters to Lisle at a Wednesday morning press conference, DuPage County Board president Bob Schillerstrom said Tuesday. […]
Navistar President Dan Ustian, Gov. Pat Quinn and Attorney General Lisa Madigan, as well as other state and local leaders, are expected to be at the 10 a.m. press conference at the Alcatel-Lucent site, 2701 Lucent Lane, in Lisle.
Navistar officials previously said they were exploring locations in Alabama, Texas and South Carolina because of local opposition to the proposed headquarters site in Lisle. The company is currently located in Warrenville.
In one November hearing before the village’s planning and zoning commission, about 100 people spoke out against Navistar’s proposal, including nearby residents and representatives of a school for autistic children that had just opened next door to the building. They were concerned in part about air pollution, noise, traffic and safety issues.
Background here.
LIVE session coverage...
- Park - Tuesday, Sep 7, 10 @ 8:28 pm:
yeah, that’s good and all. But taypayer $$. Someone needs to update this story early next year. who in Navistary leadership got how big a bonus for this?
- Steve - Tuesday, Sep 7, 10 @ 8:37 pm:
and no engine testing!!
… congrats to CHD!
http://www.chicagobusiness.com/article/20100907/CRED03/100909918/navistar-moving-hq-to-lisle
- Small Town Liberal - Tuesday, Sep 7, 10 @ 8:54 pm:
Congrats Governor Quinn and other leaders for protecting Illinois jobs once again.
Congrats Park for having the most incoherent comment I’ve seen in quite a while.
- DuPage Dan - Tuesday, Sep 7, 10 @ 9:04 pm:
Hey Park,
?
- anon - Tuesday, Sep 7, 10 @ 9:17 pm:
Great news for the village and building trades. Thanks Gov Quinn!
- about time - Tuesday, Sep 7, 10 @ 9:19 pm:
Quinn’s finally been making good on his jobs plan…. anyone know what the count is? There’s some big corporations in there too…. Ford, Navistar, Boeing. Not too shabby for a Dem without the Illinois Chamber of Commerce’s backing. Kind of makes you wonder what Brady promissed them.
- DuPage Dave - Tuesday, Sep 7, 10 @ 9:31 pm:
Big national corporations don’t typically get in line with the Chamber, which is pretty parochial. After all there’s a Chamber in every state so someone ends up happy no matter where they chose to go (or stay).
As to what Brady promised them? 1. Cut taxes. 2. Cut taxes. 3. Cut taxes. Just like every GOPer.
- OneMan - Tuesday, Sep 7, 10 @ 9:37 pm:
Glad to see this, sad thing is for Quinn is it is going to get buried by the Daley coverage.
- Will County Woman - Tuesday, Sep 7, 10 @ 9:52 pm:
This is good news for job seekers in the Chicago metro area.
Don’t worry one man, quinn will make sure that everyone hears about it for weeks.
- just sayin' - Tuesday, Sep 7, 10 @ 9:57 pm:
“As to what Brady promised them? 1. Cut taxes. 2. Cut taxes. 3. Cut taxes. Just like every GOPer.”
Sounds good, except for the fact only GOP governors have ever raised the state income tax, i.e. Thompson and Edgar. And it was a GOP governor who first instituted the state income tax.
5 bucks says a governor Brady would raise the income tax too.
- wordslinger - Wednesday, Sep 8, 10 @ 1:02 am:
That’s awesome. GOP and Dems (some up for re-election) just working it out with a private sector investor.
Back in the day, that wouldn’t be that big a deal. But here’s to it. Cheers.
- Mary, Sterling - Wednesday, Sep 8, 10 @ 5:14 am:
Just sayin’, myself: what did it take to get Navistar to stay in Illinois? Same as with every other job Quinn has ’saved’. TAX BREAKS. What does Quinn want to do, generally? Raise taxes!
See the obvious? Want job growth in IL? TAX BREAKS. Not increases. Might as well make it state-wide policy and see what happens, no?
- N'ville - Wednesday, Sep 8, 10 @ 7:37 am:
Mary, Sterling…you are absolutely right. Looks to me like Navistar is moving to Lisle DESPITE Governor Quinn…
- downstate hack - Wednesday, Sep 8, 10 @ 7:40 am:
A real good piece of news. Not sure it is a huge political gain for Quinn, but good news for the people of Illinois.
- soccermom - Wednesday, Sep 8, 10 @ 8:20 am:
Mary, Sterling
Navistar is staying in Illinois because we offer a well-educated workforce, excellent multimodal transportation, world-class amenities — all things that require public investment. And that investment comes from — you guessed it — tax revenues.
If taxes were all that Fortune 500 ceos cared about, they’d all move their headquarters to Alaska.
- In the 'ville - Wednesday, Sep 8, 10 @ 8:24 am:
Quinn had nothing to do with this.
Madigan had nothing to do with this.
Schillerstrom almost derailed this whole thing.
Village of Lisle proved how backwards their government is.
Should be fun to watch them fight over who gets the credit.
- Redbright - Wednesday, Sep 8, 10 @ 9:14 am:
Soccermom is right. I spent decades in Fortune 100 corporate HQs and not once heard an executive ask about state or local taxes. That’s all just part of the business model. What matters is access to appropriate employees.
For the biz execs personally, what matters is the quality of life including the types of other companies near by. Westchester County NY - a high tax state - is filled with big HQs because birds of a feather want to flock together.
- Niles Township - Wednesday, Sep 8, 10 @ 9:41 am:
Big save by Quinn. I hear he and his team along with Lisa worked hard on this.
- Springfield Alum - Wednesday, Sep 8, 10 @ 11:08 am:
To piggyback on Redbright’s post: Business Week did an article a few months ago in which it took a look at the top factors in company location/relocation decisions. The #1 factor was proximity to the homes of top management. State and local tax structures did not make the list.
- wordslinger - Wednesday, Sep 8, 10 @ 11:11 am:
I thought all those Fortune 100 companies located in Manhattan for the low state and local taxes. There aren’t any other reasons for choosing a location, right?
- PFK - Wednesday, Sep 8, 10 @ 11:22 am:
Rich, the NIMBYs (as you derisively refer to them) didn’t lose. They compromised and got a major part of what they wanted, which is that this office building will not be converted into an industrial diesel testing facility. Thanks to their advocacy, this project will have much less of a local environmental impact than what was originally proposed.
It’s a shame though that in the process of negotiating, Navistar used the empty threat of leaving the state to suck more money out of state and local government for themselves.
Question for Quinn: What are you going to cut in order to pay for Navistar’s $65 million incentive package?
- Park - Wednesday, Sep 8, 10 @ 7:24 pm:
DD: sorry, only do this at home.
The Navistar senior exec’s live close, lots of ‘em in Hinsdale. Wives all local social charity people. I always saw this ‘we’re leavin’ stuff as a smoke screen. And yes, taxpayers will be paying for them to stay, and yes the big guys will get big bonuses after Jan. That enough?
- Rich Miller - Wednesday, Sep 8, 10 @ 7:47 pm:
Park, has it ever occurred to you that the ridiculously aggressive legal tactics used by opponents resulted in the state having to step in? You people cost the rest of us a bunch of money. I’d stop whining if I were you.
- Park - Wednesday, Sep 8, 10 @ 8:22 pm:
Wrong number, Rich. I never opposed it, know lots of Navistar people, like the company, like to location. Just know a con when I see it. Also know more about DuPage than you do. There’s a world outside of Cook and Sangamon counties.
- Rich Miller - Wednesday, Sep 8, 10 @ 8:24 pm:
Sorry, Park, but this wasn’t an issue until the opponents started doing things like using subpoenas in zoning hearings. Just ridiculously overblown opposition.
- Park - Wednesday, Sep 8, 10 @ 8:33 pm:
Agreed.