image
LIVE session coverage...
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Adventures in economic development

Tuesday, Aug 19, 2014

* AP

A planned 200,000 square foot jet-repair and maintenance center will run 24 hours a day when it opens in Rockford, a move that’ll create up to 500 jobs in the northern Illinois region that’s become a hub for aerospace-related business, officials said Monday.

Construction on the $40 million facility — a private and public partnership — will start in the next year. The hangar is expected to open in 2016 and will be located at Chicago Rockford International Airport. It’s leased to Wood Dale-based AAR Corp., the largest operator of maintenance and repair sites nationwide.

Officials said they chose Rockford because of its specially trained workforce, location and distribution network. The jobs will be created over the next five years, according to Gov. Pat Quinn’s office.

* Are we sure that’s why the company chose Rockford? Greg Hinz

But the entire capital cost of the project will be funded by taxpayers, with Wood Dale-based AAR leasing the facility. […]

The state will provide $15 million for the facility, with $600,000 for job creation. The rest of the $40 million will come from airport and federal funds.

* In related news

Illinois Gov. Pat Quinn, other state officials and local leaders on Aug. 14 broke ground on a $7 million infrastructure project for the future Port of East St. Louis, Ill.

The project calls for building an on-site road, rail lines and utilities to create access to the inland port via train, truck and barge. The Illinois Department of Commerce and Economic Opportunity provided $5 million for the project, while the port’s developers contributed $1.25 million. Slay Industries/Kinder Morgan will provide $2 million for the private property portion of the road.

“It’s all about location in the shipping industry, and East St. Louis is ideally situated to ship and receive goods by truck, rail or river,” said Quinn in a press release. “The Port of East St. Louis will be a major economic driver for the Metro East region.”

The 200-acre port will link the Midwest to world markets through waterway, highway and rail connections, according to state officials. The port will be located less than a mile from the Poplar Street River Bridge, and will have access to several Class Is and unit-train capabilities.

* This isn’t the first preelection Port of East St. Louis announcement. From October 14, 2010

Governor Pat Quinn today announced $8 million to redevelop a 200-acre former industrial site on the Mississippi River to clear the way to build the Port of East St. Louis and help another local company expand. This investment will create approximately 65 jobs and is funded through the River Edge Redevelopment Zone program. When completed, the multi-modal Port of East St. Louis will create approximately 1,200 direct and indirect jobs.

“Today’s announcement will help East St. Louis create a world-class transportation facility in the heart of the Metro East area,” said Governor Quinn. “The River Edge program allows us to clean up areas that have suffered from years of neglect and turn them into economic engines, creating jobs and boosting Illinois’ continued economic recovery.”

The city of East St. Louis will receive a $5 million River Edge Development Zone grant to build a north entrance into the port, including turn lanes, ramps and a branch of the main loop. Slay Industries and Kinder Morgan together will receive $2 million to redevelop approximately 200 acres for the Port of East St. Louis. The first phase of construction is expected to cost $35 million. When completed, the port will support increased commercial traffic on the Mississippi River, boost the regional economy, and relieve traffic and rail congestion across the Midwest.

At this rate, the port will be completed in the 22nd Century.

- Posted by Rich Miller        


11 Comments
  1. - OneMan - Tuesday, Aug 19, 14 @ 1:51 pm:

    So will the maintenance staff be union?


  2. - wordslinger - Tuesday, Aug 19, 14 @ 2:01 pm:

    At least there’s some upfront private money in the East St. Louis deal. For the Rockford project, if it’s a reasonably scheduled lease back, could be worth it.

    If you’re going to have a DCEO, I guess projects in places like East St. Louis and Rockford is where the money should go.

    Beats handing over employee tax payments to profitable Fortune 500 companies in EDGE credits.


  3. - 47th Ward - Tuesday, Aug 19, 14 @ 2:10 pm:

    AAR Corp is American Airlines, no? If they plan to use Rockford as a maintenance hub for their O’Hare operations, that’s a major commitment and should be a great long-term investment by the state.


  4. - OneMan - Tuesday, Aug 19, 14 @ 2:15 pm:

    47th…
    No it isn’t American Airlines

    http://www.aarcorp.com/


  5. - 47th Ward - Tuesday, Aug 19, 14 @ 2:20 pm:

    Thanks OneMan.

    AAR. AAL. Close but no cigar.


  6. - Motambe - Tuesday, Aug 19, 14 @ 2:35 pm:

    Instead of spending millions on a new Mississippi River bridge to send Illinoisians to work and shop in Missouri, State of Illinois should have invested in a state of the art business park and industrial center on the Illinois side of the river. Infrastructure already exists to bring Missouri workers eastbound over the river for jobs.


  7. - Sir Reel - Tuesday, Aug 19, 14 @ 2:40 pm:

    Any port in a storm (of an election) I guess.


  8. - walker - Tuesday, Aug 19, 14 @ 3:15 pm:

    These are good things. Better here than elsewhere.


  9. - Arthur Andersen - Tuesday, Aug 19, 14 @ 10:21 pm:

    All good, but how far away is the port, also built with plenty of government help, in Granite City?


  10. - A guy - Wednesday, Aug 20, 14 @ 7:46 am:

    If it weren’t for elections, nothing would get built. Silver lining.


  11. - 4 percent - Wednesday, Aug 20, 14 @ 10:17 am:

    Kinder Morgan is a major shipper of coal and petcoke. Interesting that if the Governor and AG’s regulatory scheme had passed, it may have reduced their investment because they were in Springfield lobbying against it.


Sorry, comments for this post are now closed.


* Cuz4Congress site goes live as announcement approaches
* *** UPDATED x1 - Rahm Emanuel denounces effort *** Rauner's draft resolution for local governments
* Today's quotables
* Question of the day
* What would the environment be like without the civil justice system?
* *** UPDATED x1 *** Two Aurora men busted for alleged ISIS terror conspiracy - National Guardsman planned to attack Illinois military base, target officers
* Charter school faces closure after judicial ruling
* *** UPDATED x1 *** All eyes turn to the Senate
* Gaming the system or technology neutral?
* *** UPDATED x1 - AFSCME responds *** Poll: Rauner approval at 33 percent, but anti-union message well received
* ComEd’s Energy Plan for Illinois’ Future
* A sign of the times
* Credit Unions – Cooperative in structure, valued in community service
* Illiana cover-up?
* Rockford worried about losing hoped-for Amtrak service
* Today's number: 0.07 percent
* *** LIVE *** Session coverage
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Good morning!
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * Three iPhones for 2015, Galaxy S6 dates, Microsoft Surface & more – Pocketnow Daily
        * Huawei rumored to launch Ascend P8 this April
        * Nexus 6 availability expands as six markets start selling the device
        * Meet the incredible winner of our latest #LumiaChallenge
        * Qualcomm video shows off how fast Quick Charge 2.0 is
        * Apple's Tim Cook leads different
        * Neo smartpen N2 fuses physical handwriting and digital notekeeping

        * Loot Crate March 2015 Review and Coupon Code
        * Why developers want to be on WhatsApp so badly
        * News Republic v5 Comes With A Host Of New Features
        * T-Mobile, Sprint Taking HTC One M9 Pre-Orders Tomorrow
        * The Olio Model One Smartwatch Plays Nicely With iOS And Android
        * Samsung Rumored To Triple Galaxy S6 Edge Production
        * Leak Unleashes Paper Mario: The Thousand-Year Door, 3DS-Remake Launch?

        * Gillaspie confident plantar fasciitis is under control
        * Penny misses mark in latest audition
        * Rodon could be game-changer for White Sox
        * LaRoche happy to have Thome as mentor
        * Samardzija eager to get season started on right foot
        * Robertson managing soreness in right forearm
        * Carlos Rodon dominates Royals, even without a changeup

        ...............


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        March 2015
        February 2015
        January 2015
        December 2014
        November 2014
        October 2014
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Knight: Labor goes to court on fees, Rauner cou.....
        * Diversity, community relations among topics in .....
        * Senate passes plan to fix $1.6B budget hole..
        * Rauner signs budget fix..
        * Senate approves plan to cut education funding..
        * Rauner signs into law compromise plan to fix bu.....
        * Tollway board approves higher speed limits but .....
        * Chicago-area cousins accused of planning US ter.....
        * US: Chicago-area cousins planned US terrorist a.....


        * NTSB releases transcript of comments made by train operator
        * Jesse Jackson Jr. at halfway house after leaving prison
        * Case continued for Virginia student in bloody arrest
        * US: Chicago-area cousins planned US terrorist attack
        * Emanuel, Garcia debate Lucas museum for Chicago lakefront
        * Reform panel seeks 25 percent drop in prison population
        * Illinois Senate passes compromise plan to fix budget hole
        * Illinois has needle-exchange programs in 5 cities
        * Suspects in new Islamic State case appear in Chicago court
        * Tollway board approves higher speed limits but not 70 mph

        * Illinois Army National Guard member, cousin arrested for allegedly supporting Islamic State group
        * Senate passes plan to fix $1.6B budget hole
        * Schock says he leaves Congress with sadness, humility
        * Suburban Chicago men arrested for allegedly supporting Islamic State group
        * Bill would bar public funds for graduation speakers at state universities
        * Bills banning powdered caffeine, alcohol pass committee
        * Illinois Senate on spot to find votes to close budget gap for current year
        * Court reporter contingencies go down to the wire
        * Illinois Senate on spot to find votes to close budget gap
        * Aging brickwork prompts restrictions at Capitol's north entrance

        * Garcia: Lucas Museum a 'a monument to Darth Vader'
        * Emanuel, Garcia debate Lucas museum for Chicago lakefront
        * Meet ad exec Jim Misener of 50,000feet
        * You can clothe yourself in Big Macs--if you're Swedish
        * Chicago's Inventus buys London's Unified to add legal services


          * Friends, relatives gather to remember slain mail carrier
          * Released from prison, Jesse Jackson Jr. arrives at Baltimore halfway house
          * Feds: Guardsman, cousin plotted to attack Illinois military base, fight for ISIS
          * Garcia goes on the attack against Emanuel in 2nd debate of runoff
          * Blue Line crash at O'Hare: NTSB releases train driver interview, documents
          * Man shot to death on West Side porch
          * Cops: Guard used illegal police radio to call in foot chase after shooting threat, vandalism
          * In Endia Martin case, juvenile who took gun pleads guilty to weapons charge
          * 3 hurt when pickup crashes into restaurant in Kane County village
          * Indiana Gov. Pence defends religious objections law: 'This bill is not about discrimination'


          * Where can a politician wield more influence? Chicago's City Council vs. Illinois' Statehouse
          * More people moved away from Illinois last year than any other state
          * Flamin' Hot Cheetos top Chicago Public School vending machines
          * Flamin' Hot Cheetos top some Chicago Public School vending machines
          * Flamin' Hot Cheetos top Chicago Public School vending machines
          * ACLU: Chicago police make more stops than New York at its peak
          * Under Emanuel, more unsolved murders, fewer detectives
          * Indiana Gov. Pence signs religious objections bill
          * Jesse Jackson Jr. leaves federal prison for halfway house
          * Kennedy: Jesse Jackson Jr. leaving prison for halfway house


          * Illinois Army National Guard member, cousin arrested for allegedly supporting Islamic State group
          * Senate passes plan to fix $1.6B budget hole
          * Schock says he leaves Congress with sadness, humility
          * Bill would bar public funds for graduation speakers at state universities
          * Bernard Schoenburg: Ward 10 race heats up over attendance
          * Tony Leone: Restructure Lincoln Presidential Library and Museum to find success
          * Eugene Robinson: An early look at the GOP field
          * George Will: Who says economics is hard?
          * Bills banning powdered caffeine, alcohol pass committee
          * Illinois Senate on spot to find votes to close budget gap for current year


          * Students told respect a two-way street with police
          * Police Beat
          * HS Softball: Rantoul vs. Fisher
          * Illinois vs. Arizona...10 years ago
          * Mate of slain eagle caring for young
          * Rick's House of Hope joins Vera French
          * Top softball teams: Arcola at No. 2
          * Severe weather likely caused fatal accident
          * Sports Talk 03-26-15
          * Rawlings Highway plan takes step forward


          * Kaminsky scores 19 as Wisconsin hangs to beat North Carolina 79-72
          * Tri-Cities area girls track and field preview
          * Abreu stays hot, but Kershaw stymies White Sox
          * Girls soccer/Scouting Northwest
          * Scouting DuPage County boys track

          * Bill aims to align education with needs of...
          * Question of the day
          * Rotering To Run For Congress
          * State Dept. Investigated over Anti-Netanya...
          * Highland Park mayor, Schneider in for a ru...
          * Supreme Court gay marriage case highlights...
          * Sharp partisan divide in US Supreme Court'...
          * Sharp partisan divide in high court's same...
          * Ex-congressman, radio host Joe Walsh endor...
          * Women's Connection selects Gayman as director

          * Wheel could be to blame for fiery Galena t......
          * The Difference Between Tom Cotton and John......
          * Bill to improve fairness of federal disast......
          * Champaign mayor candidate Q&A: Don Gerard...
          * ADC Welcomes Updated FBI Hate Crime Data C......

          * U.S. Senate votes unanimously for amendmen......
          * Bill to improve fairness of federal disast......
          * David Axelrod (very nicely) warns Chicago ......
          * Senate Votes for Amendment Making it Easie......
          * US Senate threatens Iran with new sanctions...

          * EXTRA: Chuy said what??!?
          * Poll: Chicago 7th Ward Ald. Holmes 16 Points Ahead Runoff Opponent
          * Jitu Brown At Education Rally
          * Alderman Pope’s dirty money in the 10th ward.
          * After Public Backlash, Emanuel To Join Garcia At Chicago State Forum
          * Your vote counts button
          * Education Rally To Unveil Chicago Teachers Union Contract Demands
          * Chicago Teachers Union Vice President Jesse Sharkey
          * I can’t resist posting this comment about the Tribune and Hinsdale senior Marissa Dupont.
          * New Poll: Attack ads continue to produce results for Emanuel


          * Nominating Petitions Available For Illinois Commodity Board Seats
          * Health Matters: 2015 Illinois Minority Health Efforts - Creating & Sustaining Healthy Communities
          * ‘Text First, Talk Second’ Often Best Way to Contact Loved Ones When Disaster Strikes - IEMA Encourages People to Have Plan for Communicating with Family Members, Friends during Emergencies
          * New Illinois Server Training Law effective July 1 - State currently offering FREE responsible beverage server classes
          * Motorists Urged to ‘Expect the Unexpected’ in Work Zones this Construction Season in Illinois - Work Zone Safety Week Reminder: See Orange. Slow Down. Save Lives.




              Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller