Keep current and learn more about local businesses in McHenry County.
From the McHenry County Workforce Network: Information abou the upcoming Healthcare Career Expo & Hiring Event - Tuesday May 16th. Presentation begins promptly at 5pm.
Date: Tuesday, May 16, 2017Time: 5:00 pmLocation: McHenry County College Shah Center4100 Shamrock Lane, McHenry, IL 60050
Health Care Fair and Expo May 16, 2017
Join GACC Midwest's networking event on April 11 at Harper College in Palatine, IL and learn from executives from mhub, BMW Technologies, Ipsen, Winzeler Gear and more about
• Universities & Startups: Driving Innovation Through Partnerships • Forget Foosball Tables: Effective Ways to Recruit and Retain (Young) Talent • Business Success on a Budget: International Marketing Strategies • Successful Growth: Opportunities and Challenges of M&A
With almost 1,400 German businesses operating in the Midwest, the region represents an attractive business location, particular for transatlantic trade. Meet our network and prepare your SME for the future. Sign up here: http://bit.ly/2mIYFia
The April-June 2017 CATALYST is available!Schedule your workforce training NOW!
While you wait for it to hit your mailboxesyou can access it on our website
ComEd’s improved reliability helps drive economic growth and achieve record customer satisfaction
CHICAGO (February 2, 2017) For the last five years, ComEd has updated and modernized its electrical grid to improve the reliability of its service to customers. The work has resulted in record setting performance that is also helping to power economic development and customer satisfaction.
In 2016, ComEd customers experienced a15 percent reduction in the frequency of outages compared to 2015. This was best among all utilities according to Electric Benchmarking. Since investments began in 2012, frequency of outages has been reduced by nearly 34 percent and the duration of outages has been reduced by 48 percent. Additionally ComEd’s customer’s satisfaction ratings are at an all-time high. Market Strategies International, a top market research firm, named ComEd Most Improved Electric Utility of 2016.
“Improving the reliability of our system for our customers has always been the fundamental goal of our smart grid work,” said Anne Pramaggiore, president and CEO of ComEd. “Constant, ongoing review of our system allowed us to strategically invest in areas that would benefit the greatest number of customers. Our record setting performance is the result of that work and demonstrates the commitment of our employees to provide our customers with best in class service.”
MCEDC is pleased to share this release from Novation Industries, one of our valued Investor/members.
> Click to View Press Release
Fabrik Industries, a 35 year old McHenry County company, has completed its expansion in the City of McHenry with the purchase of a second facility at Miller Parkway and is now operational. On January 19, it hosted a celebration and tour of the new facility for representatives from the State of Illinois, City of McHenry, McHenry County Board, McHenry County Economic Development Corporation, McHenry School District 156, McHenry Fire Department, McHenry County College and those businesses who helped in the facilities transformation.
Keith Wagner, President of Fabrik Industries stated “We are excited about the opportunities in manufacturing locally. The community’s involvement in our growth has been humbling. The company took 2016 to breathe new life into a vacant building updating and installing new lighting and paint, investing in new molding machines and training of new employees to meet the increased manufacturing demand.”
In 2015, Fabrik’s leadership identified the need to expand operations based on continued increase in their manufacturing business. The company analyzed expansion opportunities both outside of Illinois and in Illinois specifically the City of McHenry. As the company began researching expansion opportunities, the collaboration between the State of Illinois, the City of McHenry, the County of McHenry and the McHenry County Economic Development Corporation and other partners proved to make the difference in their decision process.
President of McHenry County Economic Development Corporation, Pam Cumpata, commented “one of the pillars of economic development is retention because 80% of net new job growth comes from existing businesses. The expansion of Fabrik Industries is an excellent example of why MCEDC works closely with our primary businesses, our county and municipal partners with the shared goal of retaining our business base.” Pam stated “Mayor Low and the City of McHenry staff, specifically Doug Martin, Director of Economic Development, worked hand in hand with Fabrik and the MCEDC to make this expansion possible recognizing the significant economic impact it will have on the City of McHenry and the County. ”
“The amazing work the people at Fabrik Molded Plastics are doing every day is a perfect example of what we can achieve here in McHenry County, and we should be doing everything we can to help them grow,” McHenry County Board Chairman Jack D. Franks said. “Reducing the property tax burden employers’ bear and creating conditions that will make more job creators to want to set up shop here must be our primary focus as a board.”
The McHenry County Economic Development Foundation is pleased to be a sponsor of this STEM (Science Technology Engineering & Math) event. Engaging with the workforce of the future is important to our economy and we hope you will stop by this exciting event.
The third annual FIRST Tech Challenge (FTC) Northern Illinois League Qualifier will be held at McHenry County College in Crystal Lake, Illinois, on February 11, 2016.
Details for the Northern Illinois League Qualifier: Date: Saturday, February 11, 2017 Time: 10:00am -5:00pm Place: McHenry County College 8900 US-14 Crystal Lake, Illinois Admission: Free
> click to download pdf
McHenry County, Illinois - Thursday, January 12, 2017
Click to Download Full Newsletter
Schedule your workforce training NOW!
What’s new in 2017?...
üBecome a Scrum Master
40th Anniversary Celebration
https://www.co.mchenry.il.us/Issue: Chairman's Introduction ISSUE: CHAIRMAN'S INTRODUCTIONGreetings from the Chairman
Greetings McHenry County Residents:
It is a great honor to serve as your first directly elected County Board Chairman. I congratulate all of the McHenry County newly elected constitutional officers and County Board members. I am excited to work with the County Board to accomplish our shared goals of good governance, a vibrant economy, and lower property taxes. Together, this Board will make McHenry County the most efficient, transparent, and effective County in the Nation.
The January-March 2017 CATALYST is Out!Schedule your workforce training NOW!
While you wait for it to hit your mailboxesyou can access it on our website
https://www.co.mchenry.il.us/December 2016 Issue
ISSUE: DECEMBER 2016Greetings from the Chairman
Greetings McHenry County Resident:
Congratulations to MCEDC Investor Affrunti Design on their new products!
Visit their website at affruntidesign.com
You don't want to miss this!
Want your patients and clients to have an enjoyable office experience? Well, we have waiting & exam rooms they won't mind waiting in...
Following in the footprint of MCEDC’s “Careers in Our County” outreach events, MCEDC is pleased to support McHenry High School District 156, McHenry County College, the City of McHenry, the Workforce Network and McHenry Area Chamber's Manufacturing, Trades and Industry (MTI ) Career Expo Thursday, September 22nd from 6 to 8 pm in the McHenry HS East Campus Gymnasium.
Students and their parents will have an opportunity to learn about a variety of careers as area businesses provide hands-on and interactive displays.
Congressman Hultgren will host a forum: "Fighting for Opportunity: Unleashing the Power of Small Businesses"
Tuesday June 21st 9:30 a.m. at MCC's Shah Center
Fabrik Industries, a 35 year old company of McHenry County, has decided to expand its operations in the City of McHenry with the purchase of a second facility at Miller Parkway. In 2015, Fabrik’s leadership identified the need to expand operations based on continued increase in their manufacturing business. The company analyzed expansion in the State of Illinois, specifically the City of McHenry and outside of Illinois. As the company began researching expansion opportunities, the collaboration between the State of Illinois, the City of McHenry, the County of McHenry and the McHenry County Economic Development Corporation and other partners proved to make the difference in their decision process.
Keith Wagner, President of Fabrik Industries stated “We are excited about the opportunities in manufacturing locally and the community’s involvement in our growth has been humbling. In 2016, Fabrik will expand into an additional facility hiring many new employees to meet the increased manufacturing demand.”
President of McHenry County Economic Development Corporation, Pam Cumpata, commented “one of the pillars of economic development is retention because 80% of net new job growth comes from existing businesses. The expansion of Fabrik Industries is a prime example of why MCEDC works closely with our primary businesses and our county and municipal partners. Mayor Low and the City of McHenry staff, specifically Doug Martin, Director of Economic Development worked hand in hand with Fabrik and the MCEDC to make this expansion possible recognizing the significant economic impact it will have on the City of McHenry and the County. As a 3rd generation company full service custom injection molding manufacturer of thermoplastics, it is recognized globally with its component used for automotive lighting and switches along with Medical, consumer, and electronic goods.
At a recent meeting, Mayor Low expressed her appreciation to Fabrik Industries on selecting the City of McHenry for its expansion. “We know there was some tough competition and we appreciate the value Fabrik has placed on our community. Businesses like this are the building blocks of our economy and we welcome Fabrik’s expansion.”
For more information, contact Pam Cumpata, President, McHenry County Economic Development Corporation.
"Last year we presented the profit raising/cost reducing power of Quick Response Manufacturing; many have begun implementing the methods and are now seeing results.
Now hear how to align your accounting practices to the power of time."Joyce I. Warnacut Presents The Monetary Value of Time - Why Traditional Accounting Systems Make Customers Wait
This presentation is indispensable for manufacturing CEOs, CFOs, GMs and Directors; CPAs, Business, Accounting and Finance Consultants, Advisors and Professors, and Economic Development Professionals.
Says Rick Bastian, Blackhawk Bank Chairman & CEO: “I attended Joyce Warnacut’s presentation at the QRM conference and found her presentation to be eye opening and a challenge to my traditional understanding of manufacturing accounting. Now a college financial officer, she was a CFO at two manufacturing companies in Wisconsin that adopted QRM and put her methods and metrics into successful practice. It is a presentation that puts the power of QRM in perspective.”
We are pleased to advise that one of our McHenry County valued companies has been approved by the State of Illinois Department of Commerce to receive EDGE tax credits which are based on the creation of new jobs and capital investments. Today's press release from the Illinois Department of Commerce is below:
SPRINGFIELD– The Illinois Department of Commerce today announced three companies have beenapproved to receive EDGE tax credits for committing to create a total of 87 netnew jobs and $27 million in capital investments in Illinois. All threecompanies considered moving operations to another state but chose to stay andgrow in Illinois as a result of the state’s high quality workforce andcompetitive incentive packages.
Under Governor Rauner’s recent decision to reinstate EDGE tax credit approvals,approved companies can begin working to fulfill the hiring and investment goalsunder the EDGE agreement. Companies will be eligible for tax credits followingthe approval of a FY16 budget and once their commitments have been made.Companies will not receive credit for retained jobs, only actual net new jobscreated under the EDGE agreement. All EDGE agreements are valid for a period of10 years.
Approved companies include:
Fabrik Industries, Inc.- molds components for automotive, industrial, medical andconsumer goods. Fabrik Industries will create 25 new full-time jobs and makecapital investments of $5 million, including expansion to a new facility andthe purchase of equipment. Fabrik currently employs 264 individuals infull-time jobs and is based in McHenry, Illinois.