DEERFIELD — Building on Illinois’ commitment to expand job creation and support capital investment throughout the state, the Illinois Department of Commerce and Economic Opportunity announced the expansion of Fortune Brands Innovations headquarters in Deerfield.
“The State of Illinois’ business attraction incentives are stronger than ever under Governor Pritzker’s leadership,” said State Senator Julie Morrison (D-Lake Forest). “EDGE incentives are supporting Fortune Brands Innovations’ HQ expansion in Deerfield, and I’m proud to see this innovative company poised for continued growth as it creates and retains hundreds of good-paying jobs.”
Fortune Brands Innovations — an industry leader in creating home products under brands such as Moen, Larson, SentrySafe and Master Lock — will consolidate and streamline its U.S. divisional headquarters operations into a single global headquarters in Deerfield, creating at least 400 new full-time jobs.
Read more: Morrison lauds investment in Fortune Brands Innovations’ expanded Deerfield headquarters
CHICAGO – State Senator Elgie R. Sims, Jr. is praising the work done by the Illinois General Assembly to affirm the Illinois Funds – a mutual investment used by local governments – top AAA rating.
“When I look at the budgets we have passed in recent years, I see the work and years of fiscal responsibility paying off. We were able to pay down our bills, put money back in the pockets of the state’s hardworking families, and prioritize our local governments,” said Sims (D-Chicago). “Illinois is a stand-out state when it comes to putting the needs of our residents first – and we do so in a responsible, equitable way.”
The Illinois Funds lets government agencies use the Illinois State Treasurer’s resources to safely invest their funds while enjoying the economies of scale available from a $19+ billion pooled fund investment portfolio. The AAA rating by Fitch is the firm’s highest rating which is based on the pool’s credit quality, maturity, diversification, and management.
Read more: Sims praises work done to affirm AAA rating to Illinois Funds
SWANSEA – State Senator Christopher Belt helped secure $2.4 million in grant money for the second round of the Equipment Upgrades Grant Program through the Illinois Grocery Initiative.
“All Illinois families deserve reliable access to fresh and affordable food,” said Senator Christopher Belt (D – Swansea). “This program has had an immense impact on our state's local communities and grocers. The next round of funding will ensure we can continue to support Illinois families.”
The Illinois Grocery Initiative Equipment Upgrades Grant Program provides grants for energy-efficient equipment upgrades for existing independently owned for-profit grocery stores, cooperative grocery stores, or not-for-profit grocery stores. Belt was instrumental in passing the Grocery Initiative Act in 2023 and has since supported legislation to spur economic growth and enhance benefits under the initiative.
Read more: Belt secures second round of Illinois Grocery Initiative Funding
CHICAGO — In October of 2024, Walgreens announced it would close roughly 1,200 locations over the next three years – including 500 closures in fiscal year 2025 alone – causing concern for those who frequent the stores for groceries and prescriptions. In response to learning that three of these closures will happen in their districts, State Senator Robert Peters, State Representative Kam Buckner, State Representative Curtis J. Tarver and Aldermen Lamont Robinson, Desmon Yancy and Peter Chico released the following statement:
“The closures at our South Commercial Avenue, South King Drive and South Jeffrey Boulevard Walgreens locations will be a devastating blow to our communities. Walgreens started in or near our districts in South Side Chicago at Cottage Grove and Bowen Avenue 124 years ago. For years, these stores have supported residents, providing access to medications, groceries and other essential services.
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