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This Year, We Made Waves

 

In 2025, Lake County celebrated its strongest economic performance on record, fueled by robust capital investment, new and retained jobs and steady growth across key sectors. Business expansion accelerated, and the labor market strengthened — creating a benchmark by which all future growth will be measured.

 

This year-in-review makes it clear that our strategic efforts to retain and attract business, promote Lake County, and advance initiatives to sustain our exceptional talent and quality of life are having a ripple effect across the entire community. Importantly, we couldn't do it any of it without the support and leadership of our investors. Our sincere thanks to the many partners who have made this our biggest year yet.

 

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Over the last 5 years alone, LCP has fueled $1.83 billion in direct capital investment, driven the creation of 4,033 new jobs and kept 2,751 existing jobs in Lake County.

2025 Was Lake County's Best Year on Record

From major corporate expansions to new companies planting roots, Lake County continued to attract strong business investment throughout the year. These top stories highlight the confidence companies have in the county’s workforce, infrastructure, and long-term growth potential, as well as LCP's ability to forge connections, broker deals, and land wins.

Flex Expands with $115M Investment in Libertyville


     Flex is expanding its presence in Lake County with the development of a new auto-injector device production line with a new 335,000 sq. ft. facility in Libertyville. The company is investing $115 million in construction buildout, new equipment, and lease commitments to support this strategic growth.

The expansion will initially create 200 new jobs, with the potential to grow to 400 positions as business demand increases. These new roles will complement the more than 1,000 employees already working at Flex’s Buffalo Grove facility, further strengthening the company’s regional footprint and its contribution to Lake County’s advanced manufacturing and medical device ecosystem.

Plano Pharmaceuticals Selects Lake County for HQ


 Plano Pharmaceuticals has announced it will establish its U.S. headquarters along with manufacturing and distribution operations in Lake County. The company specializes in the development, manufacturing, and marketing of generic, sterile injectable therapeutics, primarily for the North American market.

Following FDA certification, Plano Pharmaceuticals will open for production its 80,000 sq. ft., $60 million facility in the City of Zion. The new facility is expected to create 300 jobs, strengthening Lake County’s growing life sciences ecosystem and reinforcing the region as a hub for advanced pharmaceutical manufacturing.

Fox Lake Welcomes "The Quarry" 


The Village of Fox Lake announced a new housing development known as The Quarry — a stunning 154-unit market-rate apartment community at Route 12 & Big Hollow Road. With the first units to be available in Fall of 2026, The Quarry is a transformative development offering 1- and 2-bedroom townhome-style apartments with abundant amenities and community space.

This $41 million dollar investment in Fox Lake is designed for Lake County’s “missing middle” housing demand. The Quarry brings attainable, high-quality housing to the heart of the Chain O’ Lakes region and supports Fox Lake’s long-term vision for a vibrant, inclusive community while contributing to continued economic and residential growth.

We're Building the Foundation For Competitiveness

LCP is strengthening Lake County’s competitiveness by expanding housing, deepening regional collaboration, and building a cradle-to-career talent pipeline—from early childhood through adult upskilling. By aligning partners, advocating for strategic investments, and creating clear pathways for both businesses and residents to succeed, LCP is making Lake County a place to live, grow, and advance.

 

A Place to Live

 

Lake County’s housing landscape is being shaped by a clear understanding of its challenges and opportunities, supported by a strategic commitment to action. LCP commissioned a Housing Analysis for Lake County in 2023, immediately following the adoption of a Comprehensive Economic Development Strategy for the community. The housing study laid out a detailed snapshot of where the county stands: undersupply, affordability strain across a range of incomes, a shortage of housing types, and local regulatory barriers.

The responses — from countywide coalitions, municipal programs, philanthropic engagement, development proposals, and strategic toolkits — have been well aligned with those findings and showcased the can-do spirit and equitable growth ethic that defines Lake County.

This year was marked by a large push to make housing a major factor in economic development discussions. For residents, developers, employers and local governments alike, the next few years will be pivotal on the housing front. The topic is not just a matter of shelter; it is core to Lake County’s competitiveness, workforce retention, community diversity, and long‑term vibrancy. A coordinated, multi‑pronged, and sustained push — as is currently unfolding and resulting in developments in towns across Lake County — is exactly what the 2023 housing study prescribed.

 

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A Place to Grow 

 

With LCP's assistance, public and private Lake County stakeholders are working to address the need for affordable childcare and quality early childhood education options, even in the face of public sector funding challenges.

The NIU-based Center for Early Learning Funding Equity is examining how funding and staffing levels across facilities can be improved to achieve more equitable offerings. Organizations like Start Early are advocating for nationwide harmonization of standards and care. And select high schools now offer a pathway certification in early childhood education, preparing their students for a career in that in-demand field.

Fortunately, Lake County's strong leadership ethic has given way to many nonprofits that are supporting early childhood education, including Reading Power, Inc., a group that has operated in Lake County for 20+ years and has developed 15 programs across 12 schools that have provided individualized tutoring to over 5,300 students in preschool through second grade. This year, Lake County also celebrated the launch of Dolly Parton's Imagination Library, which mails free, high-quality books to children in the community from birth to age 5 - an initiative made possible through the support of the Lake County Regional Office of Education Foundation. 

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A Place To Advance


The bedrock of Lake County's economy is a robust and renewable supply of skilled talent, and career pathway programs are more important than ever in helping to shape the next generation workforce. The interest is there too - this year, Lake County Tech Campus welcomed nearly 2,500 students, and prepared for a 20+% increase in enrollment in 2026.

Local educators at the Tech Campus, the College of Lake County, Rosalind Franklin University, the Office of Regional Education and local districts are blazing a path forward, serving as a model in Illinois and nationwide. Lake County boasts several unique and highly successful initiatives designed to engage and educate the next generation:

  • Navig8 Lake: This initiative provides a powerful, hands-on format where students can explore manufacturing with Lake County manufacturers. The growth of this event is staggering, now featuring over 140 companies and attracting the participation of over 6,000+ students, with the goal of engaging 8,000 in 2026. This scale demonstrates a massive regional commitment to early exposure and career exploration.

  • SchoolLinks: Addressing the need for streamlined employer-educator interaction, SchoolLinks gives employers the opportunity to onboard in one system. This collaborative platform ensures educators come together to build the pipeline and help companies connect to it, minimizing friction for both students and employers.

  • Lake County Manufacturing Alliance: This group, run through the College of Lake County, is instrumental in fostering peer learning and collective problem-solving, as it brings local manufacturers together so they can explore best practices and learn from one another.

Importantly, financial resources are also available to support business engagement. Lake County Workforce Development has access to a portfolio of federally-funded grant programs that businesses can tap into to cultivate talent, offering tangible support for internships and training programs.

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Regional Collaboration: A Year of Impact

From pilot to powerhouse, LCP has been at the forefront of a strong regional push to attract business to Chicagoland, known as the Greater Chicagoland Economic Partnership (GCEP). This year, LCP president and CEO Kevin Considine was appointed to Chair the group.

 

In 2025 we wrapped up the three-year pilot of the Greater Chicagoland Economic Partnership with great success. Over three years, the partnership has produced 228 Pro-Chicagoland Decisions, creating over 16,000 new jobs across the region. Opportunity-developing events included another trip to Japan in March, where the delegation met with over 100 businesses, several of those subsequently visited Chicago later in the year. 

The second edition of our much anticipated Select-Chi program was even more successful than the first. This year, we focused on two key industries, Climate/Clean Tech and Food Innovation. Over 50 international companies came to Chicago to explore the regional ecosystem and see all that Chicagoland has to offer.  

Looking ahead, we’ve renewed the partnership and are gearing up for an exciting 2026: a delegation trip to Germany, participation in Hannover Messe—the world’s largest manufacturing show, and the third edition of Select-Chi. 

With additional staff at World Business Chicago, and new energy in the collar counties, we are excited to drive even more business in 2026. 

We're Centered on Collaboration & Community

Each year, LCP leverages events to solidify its reputation as a connector - bringing together business and civic leaders to advance

important discussions around topics such as equitable growth and economic vitality. 

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LCP hosted another sold-out crowd of 500+ business and civic leaders, with insights from County Board Chair Sandy Hart and Keynote Speaker Dr. Josh Harris. LCP honored outgoing Chair Steve Madden and welcomed new Chair Dan Joyce.

LCP presented the "Community Investment Award" to Fortune Brands Innovations for the company's decision to locate its headquarters in Deerfield, and the "Talent Advancement Award" to Dr. Michael Karner, Superintendent at the Lake County Office of Regional Education.

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Municipal Meeting Series


LCP continued to build on its longstanding meeting series for public sector partners, made possible by the support of Libertyville Bank & Trust, N.A. The meetings continue to reinforce LCP's strong ties with community leaders.

In addition to the meetings, municipalities receive back-end support from LCP in a variety of ways, including through quarterly data reports that help them in their business attraction efforts, and ribbon cutting and groundbreaking logistics to celebrate the big wins. 



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Invested Together


LCP hosted its annual "Invested Together" investor event at Independence Grove to encourage networking, strengthen local connections, and celebrate Lake County's booming economy. Remarks were made by LCP President Kevin Considine, new LCP Board of Governors Chair Dan Joyce and Lake County Board Chair Sandy Hart.

The evening was a celebration of Lake County's spirit of collaboration, and a testament to LCP's appreciation for its investors.

The Stories That Shaped Our Community

In 2025, LCP built on its marketing strategy to enhance awareness of Lake County and boost business engagement, initiating targeted campaigns to captivate decision-makers in key industries like life sciences, advanced manufacturing, and real estate. These initiatives integrated "owned media" resources such as blogs, emails, and SEO, with content marketing and modest paid advertising on LinkedIn and Google.

 

Owned media has quickly emerged as a cost-effective cornerstone of LCP's communications -  thoughtful, handcrafted stories showcase Lake County's vibrant businesses, organizations and community leaders, and the information rapidly spreads through LCP's channels and partners. As a result, email engagement is up 19+%, and organic search is up 15+% year over year, reflecting the value of LCP's thought leadership and content.

 

This year, LCP produced countless captivating stories that went behind the scenes to capture the essence of what it means to thrive in Lake County. Here are the top 5 blogs of 2025: 

 

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Chicagoland Named #1 U.S. Metro for Corporate Relocation for 12th Consecutive Year

 

This ranking by Site Selection Magazine—based on project count—highlights the region’s global economic strength, business-friendly environment, and deep talent pool. These competitive advantages are championed worldwide by the Greater Chicagoland Economic Partnership (GCEP) to drive investment and business expansion across the region.

CLICK HERE TO READ ABOUT CHICAGOLAND'S RECOGNITION

 


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Site Selection Names Lake County Top 10 for Economic Development

 

Site Selection honored Lake County as a top 10 county for economic development, citing aggressive investment, job creation, rapid industry expansion and valuable proximity to the City of Chicago (already named the top U.S. metro for corporate relocation) for this recognition. This success is a reflection of Lake County’s strong leadership, and the strategic business retention and attraction efforts led by LCP.

CLICK HERE TO READ ABOUT LAKE COUNTY'S AWARD

 


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Governor Pritzker Announces Fortune Brands Innovations Expansion

 

Bolstered by an EDGE agreement, Fortune Brands Innovations announced its plans to significantly invest in Lake County to create at least 400 new jobs in Deerfield, with the capacity for over 1,000 jobs.

CLICK HERE TO READ ABOUT FORTUNE BRANDS' EXPANSION

 


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Vantive Invests $23 Million in New Lake County Headquarters

 

Vantive celebrated its decision to invest $23 million and locate its new U.S. headquarters in Deerfield. Vantive, formerly the Kidney Care segment of Baxter International, is a global vital organ therapy company with a 70-year legacy. The announcement builds upon Illinois’ reputation as a global hub for health innovation, biotech, pharmaceuticals and life sciences.

CLICK HERE TO READ ABOUT VANTIVE'S INVESTMENT IN LAKE COUNTY


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Lake County & North Chicago Team Up to Launch Sheridan Crossing

Local leaders gathered to celebrate the official launch of the Sheridan Crossing Remediation Project, a major step toward transforming a long-vacant, 40-acre property into a vibrant new development. This project is expected to spur economic development and enhance the quality of life in North Chicago.

CLICK HERE TO READ ABOUT SHERIDAN CROSSING IN NORTH CHICAGO

Top Honors

Lake County and Illinois continued to rake in praise and receive national recognition this year.

 

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LCP became partners in our endeavor to grow our business in Lake County. It has been a partnership built on commitment, can-do mentality, and trust. No matter where or when, LCP was always available to assist in our decision-making, which is why we will always rely on them for our business needs.

 

Jan Polka

President at RealWheels Corporation

Our collaborative partnership with LCP has significantly increased CLC’s employer engagement through a consistent flow of referrals. We add to the business development team’s resource list as a talent asset for the region, and in return, LCP offers a direct connection to businesses who need talent to grow or locate in the area. CLC is better at responding to business trends and needs because of LCP.

 

Ali O'Brien

Vice President of Community & Workforce Partnerships at the College of Lake County

LCP has unlocked the essential doors to insight and communication between education and workforce development. The organization has the ability to bring Lake County companies to the table with other-sector partners to learn, collaborate and inspire action. Without this distinct skill, none of our exciting opportunities would be possible.

 

Cheri Richardson

Executive Director at the Gorter Family Foundation 

From the CEDS process, to organizing tours of local manufacturing plants, to convening thought partners around career pipelines in the region, Lake County Partners has led the work to connect our schools to local businesses and careers. Because of LCP's support, our efforts to propel students to their first career placement have accelerated. Our partnership is essential to our students’ success.

 

John Price

Superintendent, North Chicago Community Unit School District 187

The data provided by LCP allows me to better understand the needs of the future in manufacturing and has brought to light the workforce challenges ahead. Our relationship with LCP helps us reach community members and legislative representatives, and the organization’s connections and diligence are preparing us for long-term growth.

 

Kim Wimer

Human Resources Manager at Weller Metalworks

LCP is committed to improving the workforce and business industry. LCP has been very helpful as a thought-partner to improve the youth workforce system. We will continue to work together to ensure that youth can participate in local industry and have meaningful apprenticeships and internships.

 

Dr. Michael Karner

Regional Superintendent of Schools

Lake County Partners has played a huge roll in the development of our school and its relationship with the surrounding community. The LCP team has introduced us to countless partners that have now become key players in our advisory committees. LCP’s work on the Lake County Ecosystem has played a monumental roll in continuing to see the links between education and the business community. 

 

Derrick Burress

Principal, Lake County Tech Campus

The missions of Visit Lake County and LCP are interconnected, and our collaboration is vital to enhancing the public image of Lake County as a dynamic place to live, work and visit. Our organizations have a shared vision and play critical roles in supporting the economic well-being of our county and its communities.

 

Maureen Riedy

President, Visit Lake County

Thank You to Our Many Leaders and Investors

As a non-profit organization, Lake County Partners’ work wouldn’t be possible without you. We appreciate the leadership of our Board of Governors and the generous support of our investors.

The Great News Doesn't Stop Here

With another busy year on the horizon, don’t forget to follow us on social media for your daily dose of business news and events.

 

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