Governor's Illinois Economic Development Board Plans for New Economy
FOR IMMEDIATE RELEASE
September 13, 2000
CHICAGO -- Governor George H. Ryan today met with top business and government leaders to get their advice on how to continue preparing Illinois for the New Economy.
Under Ryan's new economic development policies, including the EDGE tax credit and the Prime Sites program, the state has successfully secured $4.4 billion in new private investment, creating more than 17,400 new jobs and retaining at least 8,100 jobs.
"If we want these good times to continue, we must have a clear plan for continued economic growth," Ryan said. "It is critical that we consult with the state's top business executives, as well as our state and local leaders, to make sure our strategy for success is on track."
Senate Bill 40, the "Jobs Through Economic Competitiveness Act," which Ryan signed into law last year, established the CEO-level advisory Board to help the Administration devise and implement the State's economic development strategic plan.
"I want to thank the members of the Economic Development Board for committing their time and expertise to this important mission" Ryan added.
The primary role of the Illinois Economic Development Board is to advise the Governor and his administration on issues affecting economic development in Illinois and to help implement the Illinois Department of Commerce and Community Affairs' five year economic development strategy.
"For too long, Illinois has been without a blueprint for prosperity," said DCCA Director Pam McDonough. Because of Governor Ryan's leadership, the state now has the tools it needs to compete in the New Economy."
"Our goal is clear," Ryan said. "We want Illinois to not only compete but also thrive in the economy of the 21st century."
The meeting was the second of the Illinois Economic Development Board. In addition to Ryan, speakers included Pam McDonough and Steve Mitchell, Chair of the Illinois Coalition.
Attached is a list of Illinois Economic Development Board members.
ILLINOIS ECONOMIC DEVELOPMENT BOARD
Chairman & CEO of McDonald's Corporation, Oak Brook
Chairman & CEO of Motorola, Inc., Schaumburg
Chairman & CEO of John Deere & Co., Moline
Chairman & President of Spiegel, Downers Grove
President of North American Paper Company, Berkeley
Owner & CEO of Ann Sather Restaurants, Chicago
Chairman & CEO of the Chicago Board of Trade, Chicago
Chairman & CEO of Caterpillar, Inc., Peoria
President of Acme Screw Company, Wheaton
Chairman of Chicago Midwest Region, Burson-Marsteller, Chicago
CEO of Irvine Investments, Chicago
Advisor to Deloitte & Touche, Chicago
Former U.S. Secretary of Labor and Congresswoman from Rockford
Director of Salomon Smith Barney, Chicago
President of Prudential Cullinan Properties, Ltd., Peoria
President & CEO of Municipal Trust and Savings Bank, Bourbonnais
President & CEO of People's National Bank of Fairfield, Fairfield
President & CEO of Williams Family Partnership, Chicago
James Reynolds, Jr.
President & CEO of Loop Capital Markets, LLC, Chicago
Sue Ling Gin
Chairman & CEO of The Flying Food Fare, Chicago
CEO of Fortaleza Asset Management, Chicago
Ex-Officio - Margaret Blackshere
President of the AFL-CIO of Illinois, Chicago
Ex-Officio - Dennis Whetstone
President of the Illinois State Chamber of Commerce, Chicago
Ex-Officio - Greg Baise
President of the Illinois Manufacturers' Association, Chicago
Ex-Officio - David Vite
President of the Illinois Retail Merchants Association, Chicago
Ex-Officio - Richard M. Daley
Mayor of Chicago
Ex-Officio - Charles Box
Mayor of Rockford
Ex-Officio - Deborah Powell
Mayor of East St. Louis