Capitol Fax.com - Your Illinois News Radar » Adventures in economic development
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.


* Reader comments closed for the weekend
* Amazon HQ2 site list unveiled
* Out of sight out of mind?
* Frerichs tries to use state investments to prod Facebook into cleaning up its act
* The rise of the billionaire governors
* Camelot promises to grow lottery sales by 40 percent
* Munger tries to defend Rauner veto of Debt Transparency Act
* Rauner: "I can’t comment on any business disputes"
* Question of the day
* Rauner finally takes a stand on a federal issue
* Moody's says "political backlash" against pop tax could make other tax hikes more difficult
* Report: Amazon subsidy could add up to $2 billion
* *** UPDATED x1 *** 10,800 jobs lost in a single month, but Illinois media barely notices
* SUBSCRIBERS ONLY - Supplement to today’s edition
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* MLB open thread
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

...............
<


Loading


* The Sunday Spin: Politics with Rick Pearson Ful.....
* Word on the Street: Why no Amazon love for mid-.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....
* Here's why Illinois governor's race could be co.....


* 'Welcoming City' resolution considered for Springfield
* Family donates boxed linked to Lincoln to historical society
* Family donates boxed linked to Lincoln to historical society
* Vietnam veteran from Coffeen has been awarded Bronze Star
* New testing benchmarks to rely only on SAT exam in Illinois
* New testing benchmarks to rely only on SAT exam in Illinois
* Lincoln Museum plans special events on Veterans Day
* EXCHANGE: After years of searching, adoption mystery solved
* EXCHANGE: Architect saves his deteriorating childhood home
* Chicago restaurant brawl leaves 3 with gunshot wounds

* Governor's race could be costliest in U.S. history
* Voter advocates push Illinois to exit multistate database
* Lawmakers set to return Tuesday for veto session
* Illinois Lottery's new manager projects $4B in sales
* UIS students could study at newly proposed Chicago research center
* Aaron Schock attorneys contest federal claims on misstatements
* Under the Dome Podcast: Will lawmakers address gun control during the veto session?
* Chicago lawyer announces bid for Illinois attorney general
* Illinois borrows $1.5B at reduced interest to pay down debt
* Rauner cuts human services, other area in state budget

* Like our roundup? Share it around.
* Northwest Indiana: 'Right-to-work zone'
* Is Dem primary over? No, but Pritzker rivals need to pick up pace
* The biggest Chicago-area building sales
* Here are the sites Chicago is pitching to Amazon


* Pit bull bite in Woodridge sends woman to hospital
* Bears slow ‘slippery’ Panthers RB Christian McCaffrey in win
* Bears’ Akiem Hicks salutes Willie Young, says own injury will be ‘OK’
* Why did Bears coach John Fox kick a FG from inside the 1-yard line?
* Week 8 Further Review: Notre Dame is up there with any one-loss team
* Three-and-Out: Tarik Cohen ‘I blame myself’ for not scoring long TD
* Run-heavy plan works again, but John Fox will need Mitch Trubisky soon
* STEINBERG: How do you hang a virtual finger painting on the fridge?
* Eddie Jackson’s dream-like performance puts Bears’ D on another level
* Cubs move quickly to reunite Joe Maddon with old pitching coach Hickey


* 'Energy line' can produce goals for the Blackhawks as well as spirited play
* Call me crazy, but Bears look good enough to make .500 season realistic goal
* Stacked Dodgers and Astros present a World Series matchup for the ages
* Nine injured when vehicle backs into Waukegan restaurant
* Trump joins House GOP call to rally support for Senate budget bill
* Notre Dame's red-hot run rewarded with entry into top 10 of AP poll
* Cubs mum on Chris Bosio firing, but explanation is needed
* What we learned: The James Franklin mind-control act actually works for PSU
* 4 injured in shootings on Sunday
* Former Bull Paul Shirley on his new book and new career as a writer


» Voter Advocates Push Illinois To Exit Multistate Database
» Lawmaker Says Facebook Refuses To Fact Check Ads
» State Week: Chasing Amazon, Bonding Debt
» Teaching Kids To ‘Say Something’ In An Era of School Shootings
» Illinois Issues: Cities Lose Out On Retail Tax As Online Shopping Booms
» What Could Hurt Chicago’s Bid For Amazon’s HQ2?
» At CPS, More Special Education Dollars Go To White, Wealthier Students
» Illinois Bond Sale To Help Pay $16bn Debts
» Mayor To Propose Higher Prices For Ridesharing, Big Concerts
» WBEZ Investigation: CPS Secretly Overhauled Special Education At Students’ Expense


* Governor's race could be costliest in U.S. history
* Statehouse Insider: Will veto session show GOP revolt?
* Our View: Figure out how to make Innovation Network a reality
* Angie Muhs: Recognizing what resonates with readers
* Guest View: It's time for more oversight at CWLP
* Young Philanthropists: Banding together to make a difference
* Voter advocates push Illinois to exit multistate database
* Lawmakers set to return Tuesday for veto session
* Guest Column: What taxpayers should demand from next attorney general
* Ed Rogers: The Democratic Party's obsession with Hollywood celebrities was bound to blow up


* Video: Mary McMillin-Koski
* Upcoming Services
* COMING UP: Stories we're working on this week
* Murphysboro City Council to discuss railroad wanting charge homeowners for use of road
* Ikebana Demonstration
* Altamont driver hurt in rollover accident Sunday
* Driver strikes, kills pedestrian near Collinsville, police say
* 100 REASONS: Oriental Garden a picturesque place near Scovill Zoo
* Persistent shoplifter targets same Decatur store
* Man allegedly shooting into crowd shot by police in Southern Illinois


* Imrem: Chicago Bears winning games in most unbalanced ways
* Chicago Bears QB Trubisky: 'I thought I played really poor'
* Animal adventures at Grayslake library
* Mount Prospect, District 214 at impasse over TIF
* Less distance, same enthusiasm at Naperville half marathon

* Dissident artist Ai Weiwei and US Rep. Ran...
* Democratic 14th Congressional District can...
* GOP congressmen say Rauner 'let down' Illi...
* Will Trump continue to unravel Obama's leg...
* Naperville's Lauren Underwood to run for R...
* Bipartisan group of lawmakers pushes job t...
* Hundreds of high school students tour Smit...
* Measure extends term of FSOC independent m...
* Rival: Kinzinger not conservative - MyWebT...
* Teacher raised in Yorkville running agains...

* Dreaming about better legislation - The Tr......
* Jim Dey: Heated rhetoric marks debate on d......

* Infrastructure a priority in meeting with ......

* In CPS it is the squeaky wheel and the color of your skin when it comes to special education services. Rahm says “they get what they deserve.”
* Sunday week in review.
* Democratic Party Chairman and tax man Joe Berrios is back to his old dirty tricks.
* JB and Joe Berrios. The hovel next door.
* Volunteer Actors/Extras Sought For Disaster Scenario
* Maryville Progress By Day and By Night
* Sarah Karp’s report on Forrest Claypool’s secret study, special ed service cuts and outrageous consultant fees. $15 million for proof reading?
* Inappropriate.
* Palatine para-professionals aren’t worth an 11 cent raise but they are too essential to allow them to strike.
* Keeping retirement weird. They don’t want to just end our defined benefit. They’re going after the defined contribution too. Shameless thieves.


* Illinois Awarded Funds to Offer Advanced Training on Detecting Impaired Driving
* Illinois EPA Announces Upcoming Household Hazardous Waste Collection Events
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May - Ready Illinois website offers preparedness tips for people, caregivers
* First Lady Launches Illinois Family Connects
* Governor and Lt. Governor Unveil 2016 Journal of Local Government Shared Service Best Practices

  
* Lower-cost iPhone X due in 2018, but who’s it for?
* Essential Phone gets a $200 price drop, existing customers get credit
* Project Loon flies over Puerto Rico, iPhones to take special advantage of Band 8 LTE
* iPhone X leaked video shows poorly optimized Instagram app
* In single spotlight, it’s HTC U11 Life over U11 Plus on November 2
* Emonster sues Apple for violating Animoji trademark
* GitHub’s scandalized ex-CEO returns with Chatterbug

* Steep climbs ahead for oft-injured White Sox
* #AwardWorthy: Vote for Engel's glove
* Sporcle Saturday: Long bombs
* Petricka undergoes surgery on right elbow
* Avisail sees similarities in rebuild, stellar year
* White Sox Arizona Fall League overview
* Ron Gardenhire’s second chance back in AL Central


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

Archives
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
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




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