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FOR IMMEDIATE RELEASE
June 15, 2000
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State Teams with John Deere to Construct New Tech Center
SPRINGFIELD -- Governor George H. Ryan today announced
that Deere & Company will utilize several programs designed to encourage
economic growth in Illinois to construct a new technical center for
research and development activities near John Deere headquarters in
Moline.
Deeres construction of a new technical center
will result in the retention of 82 Illinois jobs. Deere & Company
had originally announced it was considering the new technical center
in February.
"We are proud that John Deere has decided to
construct this facility on its home turf," Ryan said. "We
have worked hard to retain jobs such as those at John Deeres technical
center. Ever since John Deere founded his company in 1836 at Grand Detour,
Illinois, the company has been a technology leader. This new center
will help ensure that John Deere will continue in that leadership role."
The Illinois Department of Commerce and Community
Affairs (DCCA) worked with John Deere on the project by providing a
job training grant through the Industrial Training Program and tax incentives
available through the recently completed extension of the Quad Cities
Enterprise Zone. The project may also be eligible for tax credits under
the governors EDGE (Economic Development for a Growing Economy)
program.
"Using the tools provided through Governor
Ryans leadership, we are able to keep Illinois jobs from moving
to a neighboring state," said DCCA Director Pam McDonough. "In
the same way that John Deere is building this facility to improve its
global competitiveness, new economic development initiatives are helping
Illinois attract and retain high quality companies and their employees."
Construction of the new building will be underway
soon on the northeast section of land already occupied by John Deeres
Administration Center. The new technical center replaces an obsolete
facility on River Drive in Moline. The one-story, 56,000 square feet
technical center will house John Deere staff responsible for providing
leadership in the application of new technologies to Deere products
and manufacturing processes.
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