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WELCOMEBOARD OF DIRECTORS UPDATE2023

SEPTEMBERPROGRAM REPORT2023

The Economic Alliance of Kankakee County is a public-privatepartnership that works to create jobs and expand the economic baseby improving the local business climate in Kankakee County.The Alliance employs a collaborative approach to supportdevelopment in the strategic areas of business retention, expansionand attraction, workforce and community development, residentialneeds and educational outcomes.MISSION

Chair Dr. Michael Boyd, President, Kankakee Community CollegeVice Chair Jeff Bennett, Managing Partner, McColly Bennett Real EstateRosemary Foster, Kankakee County BoardRay Garcia, Manager, Human Resources, Crown Holdings, Inc.Jeff Hammes, President / CEO, Peoples BankAmanda Armer-Irps, Kankakee County BoardDavid Johns, Partner, GJM AdvisoryPhil Kambic, President / CEO, Riverside HealthcareSteve Magruder, IBEW retiredPat Martin, Executive Vice President/Community Pres., Iroquois FederalChad Miller, Kankakee County BoardTheodis Pace, President, Kankakee County NAACPMaureen Powell, Head of Communications, CSL Behring KankakeeChristopher Shride, Regional President, Ascension Saint Joseph - Joliet Ascension Saint Mary - KankakeeRussell Tobey, Vice President, Kankakee Valley Construction Co.Andrew Wheeler, Kankakee County BoardDr. Matt Vosberg, Superintendent, Bradley Bourbonnais Community High SchoolThe EconomicAlliance of KankakeeCounty Board of DirectorsBOARD OF DIRECTORSis comprised of private-sector leaders andelected members of theKankakee CountyBoard.

ECONOMIC DEVELOPMENT

A state-of-the-art 10 Gwhpack and 20 Ghw electricvehicle battery manufacturer.Gotion will also incorporatepack production and energystorage via solar power.

$2.09B investment at former Kmart warehouse, 333 S. SpruceStreet, MantenoCreate more than 2,600 positions through 2 phasesHiring to begin early 2024Average wages: $55,000/yr. (=$26.45/hr.)

KANKAKEE COUNTY#3AMONG SMALLMANUFACTURING HUBSIN THE USSource: Business Facilities Magazine

$171.6 MIN LOCAL ECONOMIC IMPACT17.5% INCREASE IN 2022$6.6 MIN DIRECT LOCAL TAX REVENUE17.9% INCREASEKANKAKEE COUNTY TOURISM1,229 JOBSIN TOURISM & HOSPITALITY INDUSTRYSource: Kankakee County Convention & Visitors Bureau

ILLINOIS STANDINGS#1 MIDWEST STATE FOR BUSINESS CREATIONUS BUREAU OF LABOR STATISTICS#2 IN U.S. FOR INFRASTRUCTUREBUSINESS FACILITIES#5 LARGEST GDP IN THE U.S.BUREAU OF ECONOMIC ANALYSISSITE SELECTION MAGAZINE#1 U.S. LOCATION FOR SUSTAINABLE DEVELOPMENT

GROWTHIN INDUSTRY

Source: LightcastMTRANSPORTATION& WAREHOUSINGin Kankakee County1,600+JOBS IN KANKAKEE COUNTY$74,689AVERAGE EARNINGSSLIGHTLY ABOVE NATIONAL AVERAGESource: Lightcast

MTRANSPORTATION &WAREHOUSINGin Kankakee CountyTOP JOB TITLESTruck DrivingForklift DrivingMachinaryWarehousingPalletizing*Aggressive hiring competition inKankakee CountySource: Lightcast

Transportation, Storage & Distribution ManagerOCCUPATIONAL WAGE DATA$43.63/hourAverageLogisticsShipping, Receiving, and Inventory ClerksWeighers, Measurers, Checkers, and Samplers,Recordkeeping$31.48/hour$17.30/hour$17.70/hourSource: Lightcast

COMMUNITYDEVELOPMENT

Rte. 102 from the Will/Kankakee County line to U.S. 45/52 inBourbonnais - Expected completion: Winter 2023Waldron Road over I-57 - CompletedU.S. 45/52 over Rock Creek west of Manteno - Completed in JuneIllinois 115 in Kankakee - Completed in July12 Projects in Kankakee County at $263.5M Scheduled for completion in 2023 Three projects scheduled for completion in 2024 Five projects to begin in 2025 and completed in 2027REBUILD ILLINOISSee the full press release here.

SOUTH SUBURBAN AIRPORTGovernor Pritzker signed HB 2531 to beginsearch for private investors to finance andbuild the South Suburban Airport in Peotone.

Natural gas connection tocustomers expected in nextseveral months. Work continues in extendinggas line.PEMBROKETOWNSHIP

$12M rehab of West Broadway fromSouth Washington Ave. to KennedyDriveWill include narrowing of the street,raised greens, natural barriers, widersidewalksFunding from Bradley business districttax will help pay for renovationsConstruction to be completed by 2026WEST BROADWAYREHABBRADLEY

PUBLIC WORKSFACILITYMANTENONew $7M, 45,000 sq. ft. PublicWorks facility on Village's northside.Police station remodel andrelocation complete

WORKFORCE

UNEMPLOYMENTKankakee Countyunemployment July 20236.1%Illinois unemploymentJuly 20234.5%U.S. unemployment July 20233.8%Kankakee County Unemployment RateSource: Illinois Department of Employment SecurityJan 2019Oct 2019Jan 2020April 2020Oct 2020Jan 2021Oct 2021Jan 2022Dec 2022Feb 2023July 202320 15 10 5 0

UNEMPLOYMENTKankakee Countyunemployment July 20236.1%Illinois unemploymentJuly 20234.5%U.S. unemployment July 20233.8%

AREA JOB FAIRS

LIVABILITY

87.9%COLI is a comparative benchmark of after-tax consumer costscontributing to a professional/managerial standard of living.Housing 70.6%Health Care 88.8%Utilities 92%Groceries 97.4%Transportation 97.9%Misc. Goods & Service 94%of U.S. AverageQ2 2023 Average Composite Cost of LivingCOST OF LIVING

2021 2022 2023$400,000 $300,000 $200,000 $100,000 $0 AVERAGE HOME SALE PRICESKANKAKEE COUNTYKankakeeBourbonnaisMantenoBradleySource: Kankakee Iroquois Ford Association of Realtors

RETENTION& EXPANSION

BUSINESS RETENTIONOperations, logistics,transportation and warehousingFamily owned - Began in 1947with 4 gravel trucks 115 employees based inKankakee, 80 in Texas, 75 inNashville125 loads/day - Largest carrierfor AO Smithwww.anwebber.com

250 employees, serving 28,000customers each week.8 electric vehicle charging stationsopen to the public, partnership withElectrify America.Additional 8-10 Tesla chargingstations coming soon.Celebrating 5 years in Kankakee CountyBUSINESS RETENTION

25 employees, 2 crewsPaint & load 12 tons of steel/day;produce 6-7,000 tons steel/yearNationwide and local projects includingRoad Ranger in Bourbonnais, RiversideHealthcarewww.steelfab-structural.com BUSINESS RETENTION

BUSINESSRESOURCES

7:30-9:30 AMSEPTEMBER 21KCC'S MANUFACTURING &INDUSTRIAL TECH CENTER2580 S. RTE 45/52KANKAKEEIMPROVINGO P E R A T I O N S

LeadingYourWorkforceJune 22, 2023Plochman's Mustard

THANK YOU

Board andCommitteeParticipation79th District Economic Opportunity & Advisory Council, IL Representative Jackie HaasCommunity Foundation of Kankakee River ValleyGreat Lakes Economic Development CouncilGrundy Livingston Kankakee Workforce Board Talent Outreachllinois Industrial Biotechnology CoalitionInternational Economic Development CouncilKankakee Area Career Center Executive Advisory CommitteeKankakee Development CorporationKankakee Co.LAB Advisory CommitteeKankakee Community College Business/Office Professional Advisory CommitteeKankakee Community College Manufacturing Technology Advisory CommitteeKankakee Community College Equity, Diversity and Inclusivity President’s CouncilKankakee County Chamber of Commerce Legislative CommitteeKankakee County CEOKankakee County Convention & Visitors BureauKankakee Riverfront SocietyPembroke Township & Village of Hopkins Park Utility Infrastructure InitiativeUnited Way of Kankakee & Iroquois CountiesU.S. Rep. Robin Kelly's Economic Development Task ForceWill Kankakee Regional Development Authority

200 East Court Street, Suite 507Kankakee, IL 60901Phone: 815.935.1177kankakeecountyed.org2023 MEETING DATESNovember 9, 2023 - 7:30-9:00amRiverside Hoover Building1905 W Court Street, Kankakee

200 East Court Street, Suite 507Kankakee, IL 60901Phone: 815.935.1177kankakeecountyed.orgTim NugentPresident/CEOBen WilsonSpecial Projectsbwilson@kankakeecountyed.org815-228-6995Angela MorreyDirectorMarketing & Business Attractionamorrey@kankakeecountyed.org630-800-0006tnugent@kankakeecountyed.org815-482-1537CONNECT

THANK YOU2023