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2023 Market Profile

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OVER 5 YEARS HOUSING COSTS EXPORTED FROM KANKAKEE COUNTY OF U S AVERAGE IN 5 YEARS MAJORITY TO APEC SOURCE Council for Community and Economic Research SOURCE International Trade Administration LABOR FORCE DRIVE TIMES Remote work Accessible Urbanized Location Shuttle service to Midway Airport 12 times daily AMONG SMALL MANUFACTURING ECONOMIES IN U S 93K AVERAGE EARNINGS TOTAL MANUFACTURING JOBS 1 5B 92 1 79 4 7B EDUCATION TRAINING 8 400 COST OF LIVING CAPITAL INVESTMENT 5 MANUFACTURING MOVEMENT LEADING LOCAL INDICATORS 5B 20 TOTAL ANNUAL ECONOMIC OUTPUT OF KANKAKEE COUNTY ECONOMY SOURCE Illinois Manufacturers Association POWER PRODUCERS OLIVET NAZARENE UNIVERSITY KANKAKEE COMMUNITY COLLEGE Olivet offers students opportunities to choose from more than 140 areas of study participate in 90 clubs and organizations play on 22 intercollegiate athletic teams take advantage of study abroad and volunteer experiences around the world and benefit from a 15 1 student to faculty ratio The private university is consistently ranked as a College of Distinction and in 2021 was ranked as the 2 Best Value Regional University in the Midwest by U S News World Report Kankakee Community College plays a vital role in training qualified workers for today s jobs and keeps adapting to future trends The college prepares people for employment in fields with family sustaining wages by offering certifications short term and career preparation and the first two years of a bachelor s degree Focused on preparing students for lives of service in meaningful careers in every industry Olivet has seen strong growth over the last decade particularly in the Martin D Walker School of Science Technology Engineering and Math Features of the School of STEM include ABET accreditation in engineering six engineering concentrations including architectural chemical civil computer electrical and mechanical and a Computer Emerging Technologies program that includes a high demand major in Cybersecurity Defense and 13 optional industry certifications Beyond the classroom KCC s service areas are designed to help students succeed offering veterans services dislocated worker programs with financial assistance and career search help The college s careerfocused programs are driven by input from advisory committees made up of local business and industry leaders The college remains affordable with low tuition and fees and average financial aid awards above 2 600 2020 21 school year and more than 57 of students receiving financial aid The Continuing Education Career Services and Adult Education areas also meet the community s needs through custom training personal enrichment high school equivalency preparation and other avenues KANKAKEE AREA CAREER CENTER Hydroelectric solar and wind projects already in operation revolutionary renewables in planning phases SOURCE U S Census Bureau OnTheMap application LEHD Origin Destination DIVERSE EMPLOYMENT BASE Manufacturing 16 3 Health Care 16 1 Government 12 2 Retail Trade 11 8 Accomodation Food Service 7 5 Administrative Support Waste Management 7 1 Education 4 3 SOURCE Emsi Labor Market Analytics ONLY solar PV training program in Illinois by the Interstate Renewable Energy Council IREC at Kankakee Community College Renewable energy education track certificates and training courses available locally Responsible for investing 2M annually in support of local workforce training Approved energy projects to power 250 000 homes 702 265 in training scholarships awarded to area residents 225 local scholarships issued Awarded 476 405 to area businesses for training current workforce CAREER COACH KACC offers state of the art technical vocational education for high school students emphasizing theory technical skills and workplace excellence Students earn professional certifications dual college credit and internship training opportunities Knowledge skills sets and soft skills are transferable aiding them as they embark on college and the workplace Visit www kacc org A partnership between KCC the Kankakee Area Career Center and the Economic Alliance of Kankakee County Career Coach is a location based online tool to connect local career and training opportunities with available employment kcc emsicc com

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GENERAL MANUFACTURING AAF Flanders 180 Ag Reliant Genetics 18 AHF Products formerly Armstrong 285 Crown Holdings Inc 151 Dabrico 15 Edmund Allen Lumber Company 84 Electron Beam Technologies Inc 65 Enterprise Coated Products 22 Fibre Drum 35 Fratco Inc 200 Greif Inc 40 IKO Midwest Inc 125 ITW Angleboard 65 J R Edwards Brushes Rollers Inc 120 RS Cryo Equipment 30 Simplex 39 VanVoorst Lumber Company Inc 63 Vulcan Materials Company 34 IRON STEEL METALS INDUSTRIES ABC Coating 160 Arctic Snow Ice Control 60 Belson Steel Center and Scrap 75 CMC Rebar 80 Nucor Steel 470 Peddinghaus Corporation 230 Shoup Manufacturing 200 SteelFab 16 Stor Loc 65 Vanfab Inc 55 BIOTECHNOLOGY CSL Behring 1 500 Millipore Sigma 89 FOOD PROCESSING Bunge Milling 85 Del Monte Fresh 175 FutureCeuticals 135 Gilster Mary Lee 75 Heartland Harvest 42 J R Short Milling Company 151 Johnsonville Momence Packing 327 Plochman Inc 78 Rise Baking 192 Silva International 235 Urban Farmer LLC 450 Van Drunen Farms 534 Bold indicates headquarters location FIBER Dark fiber is accessible from multiple carriers CLASS 1 RAIL Canadian National Norfolk Southern Union Pacific INTERSTATE ACCESS Six I 57 Exits including new Bourbonnais Parkway interchange at Exit 318 Daily Traffic 40k cars daily WATER Aqua Illinois system wide capacity totals 30 MGD AIR Greater Kankakee Airport IKK is Chicago s Southland s largest regional airport with the longest runway outside of Midway International at 5 981 feet IKK is also home to a state of the art 65M Illinois Army National Guard Readiness Center and Army Aviation Support Facility Kankakee County is in close proximity to Midway International Airport which is drivable in 50 minutes and accessible by River Valley Metro shuttle service daily and O Hare International Airport drivable in 60 minutes ITW Zip Pak 45 Pactiv Evergreen 240 Ring Container 42 TRANSPORTATION DIST LOGISTICS OTHER Ascension St Mary 750 Cigna Healthcare 1 200 Illinois Bone Joint Institute 100 Illinois Veteran s Home 368 Nexus Indian Oaks 310 Riverside Healthcare 2 791 Shapiro Developmental Center 1 200 PUBLIC TRANSIT River Valley Metro Bus Service Traditional Routes Paratransit Service Service to Midway Airport 12 times daily 2 each way Show Bus routes to rural areas PLASTICS MANUFACTURING A N Webber 220 Baker and Taylor 454 Fedex Freight 25 Hoekstra Transportation 115 Mckesson 100 Midwest Transit 300 NFI Industries 260 Swift Transportation 25 CHEMICALS MANUFACTURING Ardex Americas WW Henry 40 Transformco 52 DOW Chemical Company 56 Vision Logistics 90 Kensing 230 Sherwin Williams 125 Sun Chemical 56 HEALTH CARE TRANSPORTATION INFRASTRUCTURE All Star Management 441 Aqua Illinois 65 The Daily Journal 50 e2i 40 IL Army National Guard 40 FT 300 PT Kankakee Community College 375 Kankakee Nursery 85 Kankakee River Metropolitan Agency 23 K B Cores 125 Monicals Pizza Corporation 139 Olivet Nazarene University 560 Tivoli Enterprises Classic Cinemas 32 2023 KANKAKEE COUNTY TOP EMPLOYERS INCENTIVES INCENTIVES BASED ON LOCATION PROJECTS MAY BE ELIGIBLE TO PURSUE ONE OR MORE OF THE FOLLOWING New Market Tax Credits C PACE Financing Opportunity Zone Financing Film Tax Credits and related incentives Tax Increment Financing Historic Tax Credit Special Service Area or Business District Benefits ENTERPRISE ZONE PROGRAM In Kankakee County enterprise zones provide valuable tools that enable business to invest grow and hire Together our community s two enterprise zones have seen the addition of nearly 7 000 jobs as well as more than 2B in capital investment in more than 300 projects MARKET PROFILE KANKAKEE COUNTY IL INCENTIVES FOR QUALIFYING PROJECTS 5 year property tax abatement Sales tax exemption on building materials Free discounted building permits Investment tax credit Machinery equipment sales tax exemption Utility tax exemption Timonthy Nugent President CEO tnugent kankakeecountyed org Angela Morrey Director Marketing Business Attraction amorrey kankakeecountyed org Office 815 935 1177 For available property information or custom data drill downs for local workforce readiness wages demographics consumer trends cost of doing business cost of living recent expansions and development incentives please contact the Alliance office

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