Created on Friday, 21 March 2014 14:51
Your McHenry County Economic Development Corporation is again hoping to spark interest in manufacturing by bringing our high school students to the premier manufacturing technology show being held this September at McCormick Place.
This will be the 30th edition of the ILLINOIS MANUFACTURING & TECHNOLOGY SHOW (IMTS) with over 1,900 exhibiting companies, occupying 1,240,863 net square feet of exhibit space. IMTS is held every even-numbered year in Chicago and attracts more than 100,000 buyers and sellers from over 112 countries.
In 2012, thanks to our manufacturing partners, we were able to bring 844 McHenry County high school students via 15 coach buses to McCormick place to attend the show and participate in the student center opportunities. This year, we already have had requests from local high schools and may need 20 to 25 buses. Businesses, municipalities, organizations and individuals who wish to sponsor a bus should contact our office.
Here in McHenry County, the manufacturing sector is responsible for 25% of our economy. We are proactively working to address both the skills gap and the forecasted retirement impact in our workforce by engaging our youth. STEM (Science, Technology, Engineering & Math) education is vital and we hope to show our young people some of the opportunities in advanced manufacturing and innovative technology, and how STEM education can lead to practical applications, good paying jobs, and careers.
Created on Thursday, 27 February 2014 16:04
We are excited to annouce our 2014 Manufacturing Matchmaking Event. This 'speed dating' for manufacturers will be held Thursday, June 12th at the Holiday Inn in Crystal Lake. CASTLE BANK is the sponsor of this event which is now in its sixth year. Details will be available soon.
Created on Wednesday, 26 February 2014 16:25
Chicago's Goose Island aea will be home to the new Digital Manufacturing and Design Innovation Institute. Announced this week, this lab is the result of a public-private partnership which includes 23 Universities and over 40 other companies, organizations and entitites. The Executive Director of the facility is Caralynn Nowinski. The goal of the institute is to be a place for manufacturers to learn about the latest digital technoloigies. Reserachers and entrepreneurs alike will be able to work out ideas, try new theories, products and hopefully grow businesses. Director Nowinski emphasized in the Chicago Tribune article on February 24, 2014, that the goal is not to just do research, but "commercialize" so that new products are created as well as jobs.
Created on Saturday, 01 February 2014 09:30
Learn more! Visit: www.goglobalrockford.com
Created on Tuesday, 26 November 2013 10:07
Tebots, Inc. of Huntley sends Crew to Coal City / Diamond, Il. Friday Nov. 22, to aid with Tornado Site Cleanup.
Robert Tegel, President of Tebots, Inc. issued the following statement on his team's return from helping with Tornado cleanup.
"The amount of damage was significant and undifferentiating. The local people of these communities did a phenomenal job of immediately responding to clean up. From what I was told the cleanup began twenty minutes after the storm passed. I was impressed by the organization and overall support headed by the local government. Recognized immediately, was the positive attitudes of those involved and the well-organized management of countless volunteers. A response by the public from all over the region, demonstrates what we all can do in community. Volunteering puts our country back together. They truly appreciated us being there.
We all had a positive experience and no injuries. A valued glove went into the chipper; our only negative for the day. Our crew was so thrilled we were invited to help. In my opinion there is no greater joy than to help someone else in situations like this.
"Thanks to our fantastic team and the cities of Diamond and Coal City for making this such a positive experience in your time of need!"
Congratulations to Tebots for stepping up and helping out ... no wonder they are a 2 time Business Champion nominee!
Created on Tuesday, 19 November 2013 12:28
The McHenry County Economic Development Corporation held its Annual Meeting of Investors and Annual Board of Directors Meeting on November 19th, 2013.
“McHenry County EDC has been a consistent voice for business for the over 22 years. Our mission is to support the creation of primary jobs by focusing on retention, expansion and attraction” said Chairman of the Board Gary Overbay, as he reviewed activities for 2013.
Two new Board of Directors were elected to the board – Hank Holly, Director of Operations - Aptargroup and Dean Breuer, External Affairs Manager - ComEd. Other Board of Directors also elected and who will be serving from 2014 to 2016 are Brad Heldt - Home State Bank, Dave Johnson – Village of Huntley, Mark Steadman - Stan’s Office Technologies. Elected to serve a second term are Susan Milford – Centegra Health System and John Rung – Shaw Media.
Chairman Overbay continued “MCEDC affects positive change and economic growth; strategic leadership is vital as we move ahead with our 2014 – 2017 Strategic Plan and we are pleased to have the professional acumen of these outstanding leaders”.
The officers of the corporation for 2014 - 2016 were also elected and are Chairman of the Board Susan Milford, Centegra Health System - Vice Chairman James Maravich, BMO Harris – Treasurer David Hubbard, Exemplar Financial and Secretary Mark Saladin, Zanck, Coen Wright & Saladin, PC.
Recognized for their contributions and efforts on behalf of McHenry County EDC was retiring Board Members Joe Foley, Corporate Disk and Gary Overbay, Civiltech Engineering.
McHenry County EDC President, Pam Cumpata, extended her appreciation and thanks to the Board and to all of the investor/members of the organization who have supported our efforts financially, but also contributed over 556 hours of their time to help grow the economy. She reported further that “throughout the year, we have been able to provide customized support to over 700 businesses, municipalities, residents and government entities. We have raised the visibility of McHenry County regionally, nationally and internationally. Our resource capabilities have been broadened with the addition of demographic statistical reporting and economic modeling software enabling us to create over 400 requested individualized reports. Through our business advocacy and customized support, we increased our assistance 56% over 2012 and our support impacted 21,700 employees equaling 30% of the total primary employment in McHenry County. Other highlights include the 6th Annual Business Champions recognition, the Manufacturing Matchmaking event where we facilitated over 600 one to one business appointments to increase supply chain opportunities and began initial work on creating a Comprehensive Economic Development Strategy (CEDS) for McHenry County. We continued to work steadily on infrastructure including the ongoing fiber optic broadband project, and are proud of our contribution to the creation of the full interchange at IL 47 and I 90 in Huntley.
Cumpata commented further “2013 was very successful and with the leadership, guidance and support of our Board of Directors and investor/members, and our collaborative partners. We look forward to 2014 as we continue to advance business and help build the economic wealth of McHenry County.”
Created on Wednesday, 13 November 2013 12:45
Harry Kraemer, Board member of Sage Products, Executive Partner of Madison Dearborn, Clinical Professor of Mgmt and Strategy, Kellogg School of Management and former Chairman and CEO of Baxter International, was the keynote speaker at the November 5th, 2013 MCEDC Annual Dinner. View his speech by clicking the video player above.
Please contact MCEDC for a copy of the video at 815.893.0895.
Created on Thursday, 07 November 2013 11:32
McHenry County Economic Development (MCEDC) announced the 2013 Business Champion Award winners at the MCEDC Annual Dinner on November 5, 2013. Over 400 business leaders attended the event which culminates with the Business Champion Award presentations
Pictured L-R: Bill Lewis, Advanced Flexible Composites, Lake in the Hills, Sandra Pierce, Phoenix Woodworking, Woodstock, Karl Schult, Covidien, Crystal Lake, and Nathan Frost, Watlow, Richmond.
For the past six years, MCEDC has recognized outstanding companies who have positively contributed to McHenry County’s economy and who have exhibited business acumen and vision. Judging is conducted by a panel of 9 independent and unbiased business leaders residing outside of McHenry County. Pam Cumpata, President of MCEDC commented “ McHenry County is fortunate to have so many outstanding companies. There were 15 business champion finalists.” The 2013 Business Champions were presented their awards by Harry Kraemer, (Board Member of Sage Products, LLC, Executive Partner, Madison Dearborn Partners, Clinical Professor of Management and Strategy, Kellogg School of Management, Former Chairman and CEO of Baxter International) keynote speaker at the Annual Dinner and by Gary Overbay, MCEDC Chairman of the Board.
Phoenix Woodworking, Huntley was selected in Category 1 (less than 25 employees). Faced the many challenges of the recent recession, this company worked hard to keep everyone employed by reducing hours and using downtime to provide training and build on certifications. Sandra Pierce, President, accepted the award. Cumpata noted that Sandra not only has an outstanding company, but she is active leader in many organizations and a long time investor/member in MCEDC.
In the mid-size company category of 25 to 100 employees, Advanced Flexible Components, Lake in the Hills, is the 2013 Business Champion. This company is a family owned business who really believes in family. They have been in business in McHenry County for over 25 years, have had double digit growth and grown their businesses into a multi-site facility. Cumpata noted that not only were they a family owned company, but they believe in hiring family members – brothers, sisters, husband/wife, etc. and have found it to provide a stable work environment. Bill Lewis, President accepted the award with Vice President Dale Lewis cheering him on.
Watlow of Richmond is the winner in the category 100 to 299 employees. This company was nominated by an employee who began as a temp employee in 1993 and who wanted to recognize the tremendous employee support and training this company provides. Cumpata commented that this company has a culture that recognizes the employees as team members and provides them with on-site education opportunities to help them develop and grow professionally. They have been a strong partner with MCEDC in its effort to help inspire young people to go into manufacturing as a career. Nathan Frost, Director of Operations accepted the award on behalf of the entire team.
In the category of over 300 employees, the judges had quite a challenge since all of the nominees were exceptional companies who bring value to McHenry County. Karl Schult, Engineering Manager accepted the award for Covidien of Crystal Lake. This company has invested over $17 million in capital over the last four years, developed an initiative which prevented over 6 million pounds of scrap from entering landfills, relocated a subsidiary from Texas to Crystal Lake, increased employment by approximately 100 jobs and developed a new intern program with a local high school. Pam Cumpata commented that Covidien is another strong partner in helping to encourage young people on the value of STEM (Science, Technology, Engineering and Math) education.
McHenry County Economic Development Corporation congratulates all of our finalists: Effective Product Solutions - Lake in the Hills, Radicom - McHenry, Tegel Design - Huntley, Camfil - Crystal Lake, Eisenmann - Crystal Lake, Haiges Machinery - Huntley, Kold Ban International Ltd - Lake in the Hills, Curran Group, Crystal Lake, H.S. Crocker – Huntley, Aptar Group-Crystal Lake, Knaack LLC – Crystal Lake and our 2013 Business Champions - Phoenix Woodworking, Advanced Flexible Composites, Watlow and Covidien.
Created on Friday, 06 September 2013 04:32
The Obama Administration today launched Business.USA.gov/healthcare, a one-stop-shop which will provide employers of all sizes educational materials on how the Affordable Care Act may affect businesses and help them compete. The site includes a wizard tool that is tailored based on size and location, so businesses can learn how the law helps them provide affordable coverage options to their employees while still meeting their bottom line. The site will act as a user-friendly hub that connects employers to informational content on tax credits and other provisions of the law from the Small Business Administration, the Department of Health and Human Services (HHS), and the Treasury Department. As part of the Administration's ongoing dialogue with leaders of our nation's top businesses, this latest tool will help ensure that employers of all sizes know what the Affordable Care Act means for them, and have the information they need to take advantage of the new benefits and opportunities under the law. The Administration will work with the employer community to ensure the site continues to be a helpful resource for businesses and their employees, including updating the site with additional, timely information. Many parts of the Affordable Care Act, which was signed into law in March, 2010, are already in effect, including new consumer protections, and improvements to health care coverage that ensure consumers get more value for their premium dollars. Additional benefits will take effect in late 2013 and beyond. Starting October 1, 2013, individuals, including those who are self-employed, and small businesses looking for a better plan, will have a new way to shop for private health insurance through the Health Insurance Marketplace and the Small Business Health Options Program (SHOP) found at HealthCare.gov. Individuals may be eligible for lower costs on their monthly premiums and self-employed individuals and small businesses may be eligible for tax credits to help with the costs of coverage. To learn more, please visit Business.USA.gov/healthcare.