www.illinois.gov

Pat Quinn, Governor

State Links Skip to Content Skip to State Links

 Government
 Business
 Employment
 Education
 Health & Safety
 Family & Home
 Visiting
 About Illinois
 Illinois.gov

Stay Informed

Your Government


Illinois Flag Honors

Inspector General


 IGNN: State/All Press Release

ILLINOIS NEWS
The State of Illinois News page provides access to the Illinois Government News Network and all state press releases.


FOR IMMEDIATE RELEASE
May 6, 2011

Governor Quinn and Motorola Mobility Announce Corporate Headquarters in Illinois

LIBERTYVILLE – May 6, 2011. Governor Pat Quinn and Motorola Mobility Chairman and CEO Dr. Sanjay Jha today announced that the Motorola Mobility Inc. (MMI) corporate headquarters will be located in Libertyville, Illinois. The state is providing a business investment package to leverage the private investment and help keep approximately 3,000 jobs in Illinois.

Motorola Mobility is committing to spend more than $500 million in research and development related to these jobs over the next three years. In addition, Governor Quinn signed Senate Bill 4 today expanding the Economic Development for a Growing Economy (EDGE) tax credit, which was a determining factor in MMI’s decision to locate in Illinois.

“Thanks to this partnership, Motorola will be designing state-of-the-art communication devices right here in Illinois,” said Governor Quinn. “My administration is committed to encouraging innovation – like that taking place at Motorola – and creating the high-tech, high-paying jobs that are moving our state’s economy forward.”

Senate Bill 4, sponsored by Sen. Gary Forby (D-Benton) and Rep. John E. Bradley (D-Marion), adds language to legislation signed by Governor Quinn in December 2009 that allows qualifying companies to apply their EDGE tax credit against either the company's annual withholding tax liability or their annual corporate income tax liability.

“The decision to locate Motorola Mobility’s corporate headquarters in Libertyville highlights our long-standing commitment to the State of Illinois. I would like to thank Governor Quinn for his leadership and I appreciate our partnership with the state of Illinois,” said Dr. Jha.

MMI, a spinoff of Motorola Inc., has been responsible for the development of revolutionary devices such as the StarTAC, RAZR, DROID by Motorola, Motorola XOOM™ and Motorola ATRIX™. In addition to its Libertyville headquarters, Motorola will also maintain a design center in downtown Chicago.

The Illinois Department of Commerce and Economic Opportunity (DCEO) is administering the state’s business investment package. In addition to the EDGE tax credits, estimated at more than $10 million annually over the next 10 years, the package consists of Employer Training Investment Program (ETIP) job training funds that will help enhance the skills of the company’s workforce and a Large Business Development Grant to assist Motorola with capital expenses associated with this project. The company is also eligible for benefits from being designated a High Impact Business.

Illinois continues to see strong signs of economic growth and recovery. Since January 2010 when Illinois employment resumed after the national recession, the state has added 89,500 new net jobs, including nearly 10,000 manufacturing jobs, which leads the Midwest. March marked the 14th straight month of declining unemployment. Illinois ranks first in the Midwest for exports and foreign direct investment.



RAW TAPEGovernor announces tax credit will keep Motorola Mobility in Illinois. Speakers include Governor Pat Quinn, DCEO Director Warren Ribley and Motorola Mobility Chairman Dr. Sanjay Jha.


###

News Categories

 State/All
 Governor's Office
 Lt. Governor's Office
 Agriculture
 Budget/Fiscal
 Business
 Children/Families
 Culture
 Disabilities
 Economic Development
 Education
 Environment
 Flag Honors
 Health/Human Services
 History
 Infrastructure
 Opportunity Returns
 Recovery
 Safety/Security
 Technology
 Tourism/Recreation
 Transportation
 Workforce/Jobs

News Resources

 Search the News
 IIS Radio News
 RSS News Feeds
 e-News Subscriptions
 Communications Office
 Privacy Statement

Features

Sign up for an e-news subscription
Copyright © 2014 State of Illinois Site Map | Illinois Privacy Info | Kids Privacy | Web Accessibility | Contact Us