Insights

A historic partnership between top universities in the U.S. and Japan, with support from prominent tech powerhouses, cements Illinois’ leading role in the future of quantum computing.

Illinois’ interconnected strengths in agriculture, transportation, finance and technology are key reasons that the state – and the Chicago metro area – have become leaders in food manufacturing and innovation, according to a new report unveiled at World Business Chicago’s Future of Food Venture Summit earlier this month.

Illinois was chosen for a cutting-edge biohub research lab, placing the state at the center of biotechnology innovation.

An Illinois location helps companies efficiently move people and products throughout North America and the world. With more than 2,000 internationally owned businesses employing 375,000 people in Illinois, the state’s central location and talented workforce advance Illinois’ position as a premier global business destination.

From advanced manufacturing to life sciences, recent corporate developments in Illinois demonstrate the importance of location, talent, and a legacy of innovation and success.

Image Source: Rivian Media

Illinois inventions from the zipper to the cellphone have changed the world but one of the state’s most innovative products is meant for a new frontier beyond Earth: A 3D-printed capsule that could one day house humans on the moon has been dubbed “The Coolest Thing Made in Illinois” for 2023.

Image Source: SAGA Space Architects

Hot on the heels of being ranked the #2 state in the country for corporate expansions, Illinois is driving home its business-friendly credentials with a bold new installation aimed at capturing the interest of business travelers passing through Chicago’s O’Hare International Airport.

Canadian engineering firm Merkur recently opened an office in Downers Grove, Illinois. Now, they’re working with longtime client Lion Electric – a zero-emissions vehicle manufacturer in nearby Joliet – as well as other Chicagoland businesses, to improve their efficiency and help them compete in a dynamic global market. Let’s take a look at what factors attracted Merkur to DuPage and how they’re helping shape the region’s future.

Whether it’s electric vehicles or energy bars, chocolate treats or commercial roofing, businesses are expanding and thriving in Illinois: the state ranks second in the nation for corporate expansion and relocation projects, climbing one spot from last year, according to Site Selection magazine.