Business

Illinois ranks high in economic development projects

By Herald-Whig
Posted: Mar. 18, 2018 12:01 am

For the second straight year, Illinois ranks third in the nation for its number of economic development projects.

Site Selection magazine's annual Governor's Cup awards indicate that Illinois ranks behind only Texas and Ohio. The publication ranks all 50 states according to their success in attracting capital investment projects that meet such criteria as a minimal investment of $1 million, creation of 50 or more jobs, and new facility construction or floor space of at least 20,000 square feet.

"We are constantly in contact with new companies looking to expand or locate within Illinois," said CEO Mark Peterson of Intersect Illinois, a statewide private economic development organization, in a news release.

Intersect Illinois collaborates with multiple economic development organizations throughout the state.

"The excitement and optimism about the potential that exists within our boarders is palpable," Peterson said. "We will continue to work with our partners to capitalize on our accomplishments and bring more success to Illinois."

The top 10 states in the number of economic development projects for 2017 were:

1. Texas, 594 projects.

2. Ohio, 467.

3. Illinois, 419.

4. Georgia, 281.

5. North Carolina, 274.

6. California, 262.

7. Kentucky, 248.

8. Pennsylvania, 285.

9. Virginia, 164.

10. Indiana, 162.

(Note: Missouri had 129.)

More ‘fiberhoods'

Adams Fiber has announced that Quincy residents in the B3, D2, and D3 "fiberhoods" can now register for its services. The B3 fiberhood includes areas east and west of North 12th Street and north and south of Koch's Lane. The D2 and D3 fiberhoods are adjacent areas south of Locust, extending from North Seventh aStreet east to North 15th Street.

Residents are urged to check their addresses and sign up for service online at followthefiber.net or by calling 217-214-3423.

The sign-up process requires residents to pay a $25 registration fee. Once the registration goal is met, construction will begin. Residents who register during the sign-up phase also can lock in their price for life on monthly internet and phone costs.

Since 2014, Adams Fiber has built 48 fiberhoods in Quincy, and eight in Barry, Bowen, Camp Point, Clayton, Fowler, Perry, Payson and Liberty. Construction is underway in Mount Sterling.

Adams Fiber is a part of Adams Telephone Co-Operative based in Golden.

What others are saying

º Tucson News: "Those filling out brackets in office (NCAA Tournament) pools will amass more than $10 billion in action, most of the $10 and $20 entry-fee variety."

º Moneywatch: "The most stressful job for 2018 is enlisted military personnel at the E3 level, or those with at least six years' experience, CareerCast found. The job includes the risk of bodily harm or injury, as well as the necessity of living away from home (for an average base salary of $26,054)."

º CNN Money: (There seems to be no stopping the growing popularity of the film "The Black Panther," which has grossed a rather incredible $1 billion worldwide in less than a month.) "The Disney and Marvel Studios film, which stars Chadwick Boseman and is directed by Ryan Coogler, joined the billion-dollar club on its 26th day of release. ... It has so far made $521 million domestically, which makes it the ninth-highest grossing film in history."

The top five

The five highest-paid players in Major League Baseball this year:

1. Mike Trout, Angels, $34,083,333.

2. Clayton Kershaw, Dodgers, $33,228,939

3. Zack Greinke, Diamondbacks, $31,954,483.

4-tie. Migel Cabrera, Tigers, $30 million.

4-tie. David Price, Red Sox, $30 million.

Words of wisdom

º Bronze: "I have not failed. I've just found 10,000 ways that won't work." -- Thomas A. Edison, inventor.

º Silver: "Innovation distinguishes between a leader and a follower." -- Steve Jobs, co-founder of Apple.

SBlt Gold: "Screw It, Let's Do It." – Richard Branson, founder of Virgin Group.

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