Relo Reboot: After High-Profile Losses, Illinois Secured $12.5B In New Investments This Year

Illinois may be on a fast track to becoming a hub for business relocation and expansion again after high-profile corporate exits barraged the state over the past few years. The Land of Lincoln brought in $12.5B in investments in the fiscal year that ended June 30, up 85.6% over last year, according to a new analysis from Intersect Illinois. The state’s public-private partnership for economic development also said 440 projects expanded or located in Illinois in the fiscal year, up 15.2% over last year.