September 26, 2022

News roundup: Recent projects tap Illinois’ strengths

A trio of recent investments from some of the world’s leading innovators in food and manufacturing underscores Illinois’ role as a hotbed of activity in sustainability, manufacturing, food production, and distribution.

LG Chem and ADM expand in Decatur to produce sustainable products

ADM FacilityLG Chem, a global chemical company, and ADM, the nutrition and biosolutions giant, last month announced the formation of two joint ventures in Decatur to make lactic acid and polylactic acid to meet growing demand for a variety of plant-based products, including bioplastics.

The first venture, GreenWise Lactic, will produce up to 150,000 tons of high-purity corn-based lactic acid a year. GreenWise will be majority owned by Chicago-based ADM, which will contribute fermentation capacity from its existing bioproducts facility in Decatur.

The second venture, LG Chem Illinois Biochem, will be majority held by LG Chem and will build upon the South Korean firm’s expertise in bioplastics to produce around 75,000 tons of polylactic acid per year, using product from GreenWise.

“Sustainability is one of the enduring global trends that is powering ADM’s strategy and growth,” ADM Chief Executive Juan Luciano said in a statement. “With these two new joint ventures, we’re planning to take the next growth step, greatly expanding our ability to meet growing demand for plant-based solutions.”

The two joint ventures will support more than 125 jobs in the Decatur region. Final investment decisions will be made in 2023, with construction expected to start later that year and production beginning in late 2025 or early 2026.

Tyson Foods announces Caseyville expansion

Tyson Caseyville expansion

Image Source: Tyson Foods

Also in August, Tyson Foods, Inc. announced a $180 million expansion of its Caseyville facility to boost production of snacking and breakfast items under its Hillshire Farms and Jimmy Dean brands. The expansion will add more than 250 new jobs. Production is expected to start this fall, with the 170,000 square foot expansion set to be completed next summer.

“Tyson’s decision to expand in Illinois speaks to our strengths in manufacturing, our world-class infrastructure, and our abundant – and highly talented – workforce,” Illinois Governor JB Pritzker said in a statement.

Tyson already employs more than 4,000 people in Illinois, including nearly 300 in Caseyville. The company said it generated more than $933 million worth of economic impact in Illinois last year. The expansion received an Economic Development for a Growing Economy (EDGE) tax credit, which stipulates investing at least $130 million and creating 220 jobs over two years.

General Mills breaks ground on Belvidere distribution center

In late August, General Mills broke ground on a new warehouse and distribution center in Belvidere that will allow the Minneapolis, MN-based food giant to increase distribution throughout the Midwest.

The 1.3 million square foot, state-of-the-art facility is one of the biggest development projects in Belvidere history and will employ between 55 and 75 full-time workers when it opens next fall. State officials secured $700,000 in funds to reconfigure a neighboring road and make water and sewer improvements.

General Mills already operates a manufacturing plant in Belvidere that makes cereals and foods for its Nature Valley and Fiber One brands. The I-90 interstate highway runs through Belvidere, which also offers access to rail and the nearby Rockford International Airport.

Related Articles

Why Illinois leads in logistics tech

Powerful trends like the continued rise of e-commerce and strained global supply chains underscore the need for innovation in the critical transportation, distribution, and logistics industry. Meanwhile, cutting-edge technology from software connection platforms to blockchain to drones is transforming how goods flow around the world and creating opportunity for early movers.

How Illinois is building a sunny future for solar manufacturing

When it comes to fighting climate change, Illinois is leading the way with one of the most ambitious plans in the country to reach 100% clean energy, while also laying the foundation for like-minded companies to thrive. The state’s legacy in manufacturing, combined with its booming market for solar installations, forward-thinking policies, unbeatable infrastructure, and highly skilled workforce offers solar manufacturers and suppliers exceptional opportunities for growth.

Why did hundreds of businesses move to Illinois last year?

Crain’s recent editorial assessing Illinois’ business competitiveness acknowledged many of the state’s leading attributes, including elite universities churning out a well-trained workforce; world-class cultural amenities in an affordable setting; and its location at the center of infrastructure that efficiently moves people and products. In response, Dan Seals, the head of Intersect Illinois, sheds more light on the great things happening in the state.

Be in touch

Are you ready to be where the action is? Reach out to the Intersect Illinois team to discuss properties perfectly suited for your business.

GET STARTED