Another Year Counting on LCP To Deliver Results
A strategic workplan focused on business growth and leveraging Lake County's incredible talent and real estate really added up in 2023.
Over the last 5 years alone, LCP fueled a whopping $1.2 BILLION in direct capital investment, drove the creation of 4,445 new jobs and kept 4,739 existing jobs in Lake County.
New & Expanded Projects Defined 2023
Lake County continued to enjoy tremendous growth in key industry segments, thanks to LCP's hands-on support.
Roncadin
Italian pizza maker Roncadin committed to Lake County for its new and expanded US headquarters, manufacturing, and distribution operations via the purchase of a 68,279 sq. ft. building at 220 N. Fairway Drive, Vernon Hills. With full operations starting in early 2024, Roncadin will employ 170 workers at their state-of-the-art facility.
Carlson Labs
In recognizing the value of Lake County’s talent, vitamin and supplements manufacturer Carlson Labs acquired 350,000 sq. ft. for its expanded manufacturing operations at 100-120 Schelter Road in Lincolnshire. This highly-automated facility will retain 50 jobs in Lake County and add an additional 140 to the thriving workforce.
Nemera
Medical device manufacturer Nemera, which produces auto-injectors and pre-filled syringes in Buffalo Grove, is further expanding in Lake County with the purchase of 190,000 sq. ft. at 600 Darling Drive, Vernon Hills. The facility’s 100 new employees will support production of Nemera’s proprietary products in ophthalmics by multiplying capacity to produce their multidose eyedropper Novelia®.
2023 Was BIG for Business
Lake County is the home of choice for major corporations, and growth was particularly prominent in
the key industries of life science, manufacturing, professional services and healthcare.
TOP PRIVATE COMPANIES
Advocate Condell Medical Center
Libertyville, Healthcare
City of Hope
Zion, Healthcare
ECHO, Inc.
Lake Zurich, Equipment
Eagle Family Foods
Waukegan, Snack Foods
Endeavor Health
Highland Park, Healthcare
Henry Broch Foods (Merged to Jardins and Broch in 2023)
Waukegan, Food Ingredient Manufacturing
HydraForce, Inc.
Lincolnshire, Manufacturing & Distribution
Medline Industries, Inc.
Mundelein, Manufacturing & Distribution
Northwestern Medicine
Lake Forest, Healthcare
Siemens Building Technologies
Buffalo Grove, Technology
Smalley Steel Ring Co.
Lake Zurich, Manufacturing
Synergy Flavors
Wauconda, Food Manufacturing
Trustmark Insurance Company
Lake Forest, Insurance & Employee Benefits
Vista Health System
Waukegan, Healthcare
Visual Pak
Waukegan, Packaging
Woodland Foods
Waukegan, Food Manufacturing
TOP PUBLIC COMPANIES
Abbott Laboratories
Abbott Park, Medical Products
AbbVie, Inc.
North Chicago, Pharmaceuticals
Amgen
Deerfield, Pharmaceuticals
Aon
Lincolnshire, Insurance
BD
Vernon Hills, Medical Products
Baxter International
Deerfield, Pharmaceuticals and Medical Products
Bristol Myers Squibb
Libertyville, Pharmaceuticals
CDW Corporation
Lincolnshire, Technology
Discover
Riverwoods, Financial Services
Flex
Buffalo Grove, Manufacturing
Fresenius Kabi USA
Lake Zurich, Pharmaceuticals & Medical Products
Pfizer, Inc.
Lake Forest, Pharmaceuticals
Takeda Pharmaceuticals USA, Inc.
Bannockburn, Pharmaceuticals
Trustmark
Lake Forest, Financial Services
Walgreens Boots Alliance, Inc.
Deerfield, Drug Stores
W.W. Grainger
Lake Forest, Equipment Distribution
Zebra Technologies Corporation
Lincolnshire, Technology Services
Investing in Education
Lake County’s workforce sets it apart, which is why community leaders continued to make talent access and development a priority in 2023. The year was marked by major investments in STEM, manufacturing and healthcare education at local schools.
Rosalind Franklin University
Rosalind Franklin University launched the Helix 51 incubator over four years ago to advance early-stage and start-up life science companies in Lake County. Since its inception, Helix 51 has welcomed companies specializing in fields such as oncology, cardiovascular health, infection disease, fibrotic disease and fibromyalgia.
Using $2 million in matching funds from the Illinois Department of Commerce’s wetlab buildout program, RFU has invested in the buildout an additional 14,000 sq. ft. of wetlab space in the IRP that was recently completed and is now available.
In 2023, RFU announced that a new tenant, 32 Biosciences, along with its subsidiary companies Gateway Biome and Covira, signed on for space. Together, the companies are advancing research related to the important role that the gut microbiome plays in disease.
RFU was also recently awarded $8.1 million in funds from the Illinois Board of Higher Education to bolster existing training infrastructure, which includes renovating and modernizing labs and incorporating state-of-the-art equipment, so expect more to come soon.
College of Lake County
Momentum at the Advanced Technology Center (ATC) continues to build as the facility strengthens Lake County’s workforce by providing career pathways and nurturing relationships with local manufacturers.
In 2023, as part of a state-wide workforce initiative, the College of Lake County revitalized its efforts to attract, train and place diverse healthcare professionals using $1.5 million to provide programming and student support. Funded by the Illinois Community College Board, the Pipeline for the Advancement of Healthcare (PATH) Workforce Grant provides financial support and wrap around services to a diverse group of students studying high-demand professions including nursing, medical imaging and pharmacy tech.
More than 2,000 students have received direct support from PATH funds. The state approved an additional $1.3 million to continue investing in the development of short and long-term educational training allowing underrepresented individuals to enter or advance their careers in the healthcare industry.
Lake County Tech Campus
The Tech Campus is well-regarded as one of the best career and technical education training facilities in the Midwest. It was established nearly fifty years ago to pool together local educational resources to educate high school students. Today, it is an extension of 22 area high schools spanning Lake and McHenry counties.
This year, the Tech Campus welcomed 2,100 students— the largest cohort in the school’s history, which solidified its position as the biggest career technical secondary educational center in the entire state of Illinois. It is also the largest career center in the state, both in space and student population.
The Tech Campus rounded out 2023 by hosting the Look North Group, a consortium of philanthropic leaders in Lake County which includes the Gorter Family Foundation, the Hunter Family Foundation and the Schreiber Foundation. Through this unique opportunity, the Tech Campus was able to showcase its programs and students, with a special focus on the school's culinary arts program which created, catered and served over 200 guests from the group.
Putting the CEDS Into Action
After a robust process involving business, community, education and workforce stakeholders, LCP finalized a new Comprehensive Economic Development Strategy (CEDS) for the county to create jobs, fuel collaboration and strengthen the economy. In 2022, the CEDS received endorsements from Lake County Partners' Board of Governors, the Lake County Board, the College of Lake County Board of Trustees, and the Lake County Workforce Development Board and was formally submitted to the U.S. Economic Development Administration.
While the CEDS reinforces the importance of business retention and attraction, it goes further to explore structural issues that create the foundation for healthy and inclusive economic growth across the vibrant and diverse communities in Lake County. As a result, LCP has spearheaded several major initiatives to support the goals of the CEDS in 2023.
Early Childhood Education
Lack of access to high-quality, affordable childcare can limit workforce and impact school-readiness and long-term education outcomes. Along with a coalition of stakeholders, LCP worked with a consultant to understand Lake County's childcare landscape.
The resulting "Start Early" report identified that Lake County only has enough licensed space to accommodate 37% of children aged 0-5 from households where all parents are working. LCP is working with local partners to address this challenge and ensure the health of Lake County’s childcare system.
Housing Needs
In order for Lake County to attract and retain residents and businesses, it must have a diverse housing stock that provides options for households at different life stages, ages, incomes, and sizes.
In recognition of the important role of housing in community building and economic development, LCP, with support from Lake County Housing & Community Development and Illinois REALTORS®, initiated a housing analysis to better understand local demographics and identify gaps and opportunities. In 2023, LCP worked with Kretchmer Associates to complete the study, and is in the process of presenting it to stakeholders to ignite conversations on Lake County’s future housing market. You can read the full report from Kretchmer Associates here.
Growing a Greater Chicagoland
LCP joined Lake County, the City of Chicago, Cook County and five other counties across metropolitan Chicago in launching the Greater Chicagoland Economic Partnership (GCEP), a first-of-its-kind united effort to attract business and strengthen the area’s economic force in a fiercely competitive global market. With financial commitment from each of the partners totaling $1 million for the first year of a 3-year pilot, World Business Chicago (WBC) began managing the partnership by expanding its business development and research region-wide to complement existing municipal and county programs. GCEP is focused on promoting the region’s many assets, and work on several fronts began right away.
Japan Delegation
Lake County Board Chair Sandy Hart and LCP president and CEO Kevin Considine joined Chicagoland leaders on a delegation trip to Japan, coinciding with the 50-year sister city partnership between Chicago and Osaka. The visit marked a significant milestone in fostering international collaboration, business attraction and economic growth.
New Regional Asset Map
GCEP stakeholders collaborated on a new report to illuminate the strategic and economic strengths that define the Chicagoland region as a nexus for business and innovation. The report, and its accompanying map, have already become an essential resource for site selectors, executives, and entrepreneurs alike. Review it here.
Regional Events
With a wide-range of events tailored to hot industry trends ranging from food manufacturing to life science investment, WBC oversees nearly 100 events each year to gather leaders together, highlight local innovation and attract investment. LCP collaborates with WBC and GCEP partners to network and leverage these opportunities in new ways.
Centered on Collaboration & Community
In 2023, LCP built on its reputation as a connector, bringing together leaders from across the region, and the globe,
to advance important discussions around economic vitality.
Big Event
LCP revived the highly anticipated Big Event, with another sold-out crowd of over 500 business and civic leaders, with insights from Board leadership, County Board Chair Sandy Hart and Keynote Speaker David Epstein.
Invested Together
LCP hosted its second-annual "Invested Together" investor event at Independence Grove to encourage networking, strengthen local connections, and celebrate Lake County's booming economy.
Municipal Meeting Series
LCP built on its longstanding meeting series for municipal partners, made possible by the support of Libertyville Bank & Trust, N.A. The meetings continue to reinforce LCP's strong ties with community leaders.
We are Your Go-To Partner for Business
Lake County Partners transforms economic opportunities into business realities by facilitating public and private collaboration to improve the local business climate. We fuel growth by strategically nurturing the business climate on three fronts:
Attracting & Expanding Business: We encourage investment, expansion and relocation to Lake County. From new developments to facility expansions, we connect real estate, development, utility and public sector partners to find solutions and help businesses grow in Lake County.
Attracting & Developing Talent: We facilitate innovative partnerships and initiatives to strategically deepen the talent pool for targeted industries. By building an in-demand workforce pipeline, starting in Lake County middle schools and extending through graduate schools, we join our partners in cultivating, upskilling and attracting the people that businesses need.
Convening Business Leaders: We are the only entity in Lake County that is positioned to build coalitions of public and private sector partnerships to drive economic development.
LAKE COUNTY'S ECONOMY BENEFITS FROM OUR ESTEEMED BOARD OF GOVERNORS
David Alexander
Managing Member
Alexander Law, LLC
Marah Altenberg
Lake County Board Member
Lake County Government
Christopher R Blaylock, CPA
Partner
Wipfli, LLC
Darren Boundy*
External Affairs Manager
ComEd
Derrick Burress
Principal
Lake County Tech Campus
Kevin Considine
President & CEO
Lake County Partners
Gabrielle Cummings*
President, Legacy Acute Care Operations and Highland Park Hospital
NorthShore University HealthSystem
Jack Danilkowicz
SVP, Commercial Strategy & General Manager
Horizon Therapeutics
Frank Deuel
Senior Manager of Government Affairs
Comcast
Lawrence W. Falbe (General Counsel)
Principal
Miller Canfield
John Frese
Vice President of Corporate Services and Administration
Baxter International Inc.
Trent Gordon
Vice President, Business Development, Northern Illinois Patient Service Area
Advocate Aurora Health
Don Hansen (Treasurer Through May 2023)*
Senior Manager of Real Estate
W.W. Grainger, Inc.
Sandy Hart
Lake County Board Member
Lake County Government
Jim Hawkins*
Deputy County Administrator
Lake County Government
J. Kevin Hunter
Lake County Board Member
Lake County Government
Thomas Hutchinson
Commercial/National Accounts Executive
Nicor Gas
Daniel J. Joyce (Vice Chair Beginning May 2023)
Chief Financial Officer
BCI Acrylic, Inc.
Richard Korengold (Chair Through May 2023)
Senior Managing Director, Wealth Advisor
Mesirow Wealth Management
Angelo D. Kyle
President
Lake County Forest Preserves
Charles Lamphere
President & CEO
Van Vlissingen & Company
Connie Lavin
Market President & Commercial Group Head
Old National Bank
Joseph Luna
Executive Director, Middle Marketing Banking, Commercial Banking
JPMorgan Chase
Steve Madden (Chair Beginning May 2023)
CEO at Libertyville Bank & Trust Company, N.A.
North Region Market Head, Wintrust Financial Corporation
John McCann
Economic and Business Development Manager
ComEd
Dr. Kevin Myers
Superintendent
Mundelein High School Districts #75 and #120
Donovan Pepper
Senior Director, Government Relations & Civic Engagement
Walgreen Co.
Dr. Wendy Rheault
President & CEO
Rosalind Franklin University of Medicine and Science
Cheri Richardson
Executive Director
Gorter Family Foundation
James L. Rolfe
Managing Director, Middle Market Banking
CIBC
Clint Sabin
Senior Manager, Public Affairs
Medline Industries
Adam Schlick
Lake County Board Member
Lake County Government
Lori Suddick, Ed.D.
President
College of Lake County
Jessica Vealitzek
Lake County Board Member
Lake County Government
Kimberly Wimer
Human Resource Manager
Laser Precision
*Outgoing board member
"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, RealWheels Corporation
“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, Gorter Family Foundation
“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, College of Lake County
“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 Resource Manager, Laser Precision
“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
2023 Was A Benchmark for Success
In 2023, LCP built on its most ambitious marketing strategy yet to strengthen business outreach by launching campaigns to attract key life science, advanced manufacturing and real estate decision-makers through a combination of emails and LinkedIn and Google advertising. As a result, traffic to LCP’s website increased 24%, with nearly 45,000 users visiting the site to learn about doing business in Lake County. Once on LCP’s site, visitors find a wealth of important information including:
Let's Connect.
We are a non-profit economic development organization supported by public and private sector investors, and our services are open to the public. We are skilled at quickly assessing your business needs and making sure that you have what you need to succeed.