The City of Peoria is looking for a few good developers to redevelop our historic core.

Dec 19, 2011

HP In The News December

The Heartland Partnership eNewsletter  
HP In The News
Dec 19, 2011
It has been a very busy December for The Heartland Partnership family of companies.  Take a look at some of the headlines this month regarding our economic imact analysis on the recent Caterpillar investment announcement, a study on Peoria's commercial development process, what we are doing to find skilled workers for open jobs and much much more. Also, keep your eyes open for news from today's ribbon cutting ceremony at the new Cancer Research Center at UICOMP. 
EDC: Cat investment to create 564 jobs
$260-million is expected to be added to the regional economy due to recent plants announced by Caterpillar.

Cat Expansion to Benefit Local Economy
The Economic Development Council for Central Illinois says Caterpillar's investment in East Peoria and Decatur is huge news. $260 million huge.

CAT Expansion Expected to Bring $260 Million in Local Economy
Vickie Clark talks about the economic impact of cat expansion beyond just the initial 300 jobs.

New CAT Jobs Create Ripple Effect in Regional Economy
Vickie Clark discusses the economic impact of the cat expansion announcement and the trickle effect it will have on the region

Cat's recent investments have big impact on East Peoria
Caterpillar Inc.'s decision to invest and retool some of its East Peoria facilities is expected to send ripples through the region likely not seen in years.

Caterpillar expansion could result in large economic plus
The Economic Development Council for Central Illinois says planned Caterpillar expansion announced recently for Decatur and East Peoria will have a huge benefit to the local economy. Peoria area EDC President Vickie Clark says the total annual boost is more than $260 million.

Caterpillar growth to boost economy by $260M
The Peoria-based Economic Development Council for Central Illinois says the estimated 300 jobs will create more than 200 additional jobs, ...

Caterpillar growth a boon to economy
The Economic Development Council for Central Illinois in a report Monday said that the new 300 hires will translate into a total of 524 new jobs across the communities of East Peoria
EDC Helping Peoria County's Effort To Lure New CAT Plant To Central Illinois
The EDC For Central Illinois is assisting Peoria County's effort to lure a new Caterpillar plant to the area.  EDC President Vickie Clark confirmed a proposal is being finalized by Peoria County, requesting CAT build it's new North American Plant here.
Peoria County finalizing proposal for Caterpillar
As soon as the end of next week, Peoria County could send to Caterpillar Inc. a proposal to locate its new North American plant within central Illinois.  
Target and Costco in the Works for East Peoria
"An anchor store for any community is huge," says Economic Development Council Public Partner Director Dennis Kief.

Haddad's Could Ignite Bigger, Better Economy
Haddad's will have an economic impact far beyond just west peoria   .
Tri-County Regional Planning Commission hires economic development ...
...hosted by the Economic Development Council for Central Illinois, to discuss how they handle economic development projects and the reasons behind ...

Economic Development Expert Approved To Work For TCRPC
The private group, the Economic Development for Central Illinois, under the Heartland Partnership umbrella is welcoming Knott…the timing is right to unify.

Developers unite in effort to lure new Cat plant to central Illinois
As officials at Caterpillar Inc. continue to weigh a decision on where to locate a new, 1,000-job plant in North America, one of the spots asking to be considered is central Illinois. 

Caterpillar: Small Step for State in Tax Incentive Package
Caterpillar would like to expand in Illinois but adds a lack of stability and predictability with the state makes that difficult. Peoria Area Chamber of Commerce executive Director Rob Parks says tax incentives like those contained in the package should be permanent and available to more businesses.

Manufacturing Jobs Readily Available With No Skilled Workers to Fill Positions
Anyone who tells you the jobs just aren’t out there, has not spoken with the employers at Excel Foundry and machine in Pekin, Illinois. That company is trying to expand but is having difficulty.

Chicago Mayor, Former Obama Chief Of Staff Emanuel To Speak Here
A powerful political figure is coming to Peoria early next year give a talk.  And, he only has to travel from his post as the leader of the Windy City to visit here.

Chicago Mayor to Visit Peoria Next Year
one of the state's biggest political figures is making a special trip to Peoria next year.

Chicago mayor to speak at Peoria Chamber of Commerce luncheon ...
Chicago Mayor and former White House Chief of Staff Rahm Emanuel will speak at a Peoria Area Chamber of Commerce luncheon on March 7 at the Peoria Civic ...

Early Sales Numbers Indicate All Smiles For Local Retailers
If the early shopping trends continue, some local stores will see a significant rise in sales figures during the busiest retail time of year.

Shopping season off to a good start
... the holiday shopping season, also proved successful, said Renee Charles, director of public affairs and media relations for the Heartland Partnership. ...

Integrating Technology Into the Classroom
The Peoria Area Chamber of Commerce and the Illinois Policy Institute brought in Former West Virginia Governor Bob Wise to speak at a luncheon. Governor Wise is now the President of the Alliance for Excellence Education and wants to see an effective application of technology in every classroom.     

Chamber Survey on River City Development
The city of Peoria needs to make it easier for developers to bring commercial projects, according to a new survey of two focus groups.     

Business Leaders Criticize Peoria
The chamber conducted a survey of local developers and business owners to find out what they think about the development process.
Signs of the times
Unfortunately, a Peoria Area Chamber of Commerce analysis on commercial development was completed before a sign sweep occurred in September. Had the analysis occurred after, it might've provided some pretty eye-opening responses.
The Heartland Partnership eNewsletter

Dec 15, 2011

The Beige Book


The “Summary of Commentary on Current Economic Conditions by 
Federal Reserve District,” report commonly known as the Beige Book, 
is published eight times per year. Each Federal Reserve Bank gathers 
anecdotal information on current economic conditions in its District 
through reports from Bank and Branch directors and interviews with 
key business contacts, economists, market experts, and other sources. 
The Beige Book summarizes this information by District and sector. 
An overall summary of the twelve district reports is prepared by a 
designated Federal Reserve Bank on a rotating basis.

Click to Read