Sunday, May 20, 2012

About Grundy County ...

GEDC-Logo

www.gedc.com

Located just 60 minutes outside of Chicago, Grundy is the third fastest growing county in Illinois, growing by more than 33% in the past ten years. With a strong and diverse industrial base comprised of manufacturing, logistics, and energy producers, Grundy County is poised to be an increasingly vibrant participant in the growth of the Chicago metropolitan regional economy, while maintaining small-town advantages in community and quality of life.

Grundy County at a Glance:

  • 3rd fastest growing county in Illinois; part of 3 county area ranked 1-2-3
  • Ranked in top 5% of fastest growing counties in the U.S.
  • Top 10% of all Illinois counties in average wage per job and median household income
  • 76% growth in Logistics Industry sector since 2002
  • Health Care sector doubled in last ten years - 55% anticipated growth through 2018
  • Heavy concentration of jobs in utility/energy sector – 18x the average for similar markets


Transportation Network:
Grundy County is situated along several Midwestern transportation arteries providing business and industry access to the global economy.

  • New interchange on I-80 with 12,000 acres of industrial property for new development
  • Interstate 80
  • Interstate 55 
  • Illinois River Ports 
  • Class B Municipal Airport served by a 5,000 foot runway outside O’Hare Terminal Control Area 
  • Class I Rail Lines – BNSF, CSX and Union Pacific


Workforce:
Local employers consistently rank the Grundy County workforce above the national average.

  • Availability of workforce rates 30% higher in Grundy County
  • Productivity, Quality and Stability rank 10-15% higher than national average


Grundy’s workforce is motivated, experienced and highly trained. Our location outside suburban traffic congestion makes commuting more appealing to a labor force of nearly 800,000 people.


Available Incentives:
The GEDC offers knowledge and experience with several economic development tools that make expanding or locating a business more attractive. We also have strong working relationships with community leaders that administer and govern local incentives including:

  • Tax Abatements 
  • TIF Districts 
  • EDPA Zones (Economic Development Project Areas).