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Illinois named top destination for business expansion and relocation

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Monday, March 02, 2026 02:07 PM

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International business publication Site Selection Magazine has ranked Illinois No. 2 in the nation for corporate expansion and relocations for the fourth consecutive year. At the same time, Chicago earned the title of the nation’s top metro area for the 13th year in a row, reinforcing the state and city’s reputation as a premier destination for business growth.

Illinois continues to top the lists of major economic development rankings, including being named No. 1 in the Midwest for workforce development. In 2025, Illinois recorded 680 major business expansions or relocations, up from 664 in 2024, while also maintaining its No. 2 national ranking for projects per capita for a third consecutive year.

State-led initiatives like competitive incentive packages, site readiness investments and robust workforce programs, along with global trade missions, have bolstered Illinois’ prominence as an attractive state for businesses to locate and expand. 

Major 2025 investments include Pure Lithium’s relocation from Boston to Chicago, Damera Corporation’s first U.S. electric bus assembly plant in Peoria and Rivian’s $120 million investment to create a supplier park in Normal. Cronus Chemicals committed to a $2 billion fertilizer facility in Tuscola, while Silesia and Epic Pharma Solutions also expanded their Illinois presence.

Illinois is also solidifying its role as a leader on quantum technology with the Illinois Quantum and Microelectronics Park in Chicago, anchored by PsiQuantum. With 10 credit upgrades since 2021 and continued investments in key industries, Illinois is cementing itself as an economic powerhouse, ready for business.

Today would be William Stratton’s 112th birthday

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Thursday, February 26, 2026 10:29 AM

William StrattonToday would have been the 112th birthday for William Stratton, who was Illinois’ governor from 1953-1961. However, he died in 2001 at the age of 87.

Stratton was born in Ingleside in 1914, and graduated from the University of Arizona when he was 20 years old. He then started a public service career and was elected to the U.S. House of Representatives in 1941. When his term ended in 1943, Stratton was elected as Illinois’ State Treasurer in 1944 before winning the House of Representatives election again in 1947. And once again, he became Illinois’ State Treasurer in 1950 after his term expired.

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Did you know that Illinois has a traveling Underground Railroad museum?

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Friday, February 20, 2026 12:18 PM

Logo UGRRJourney to Freedom: Illinois’ Underground Railroad is a traveling museum that visits communities across Illinois, spreading the history of the Underground Railroad and its history in Illinois. The exhibit highlights the real stories and contributions Black and white Americans made to help freedom-seekers escape the horrors of slavery and reach a better life.

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Chicago Bulls retire Derrick Rose’s #1 at the United Center

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Tuesday, January 27, 2026 09:59 AM

240925 DerrickRoseMVP 16x9On Saturday, Jan. 24, 2026, former Chicago Bulls player Derrick Rose had his jersey retired at the United Center.

Derrick Rose was born in Chicago. He grew up on the South Side in Englewood and attended Simeon High School. Rose played basketball at Simeon before attending the University of Memphis. His talented career at Memphis placed him as the #1 overall pick by the Chicago Bulls in the 2008 NBA draft at just 19 years old.

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More Articles …

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  2. Bean there, done that: Celebrating National Bean Day
  3. Universal Human Rights Month: Diane Judith Nash
  4. Back to back: The Land of Lincoln receives international recognition for economic growth for second year
  5. Lincoln’s first turkey pardoning
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