A list of Illinois’ expiring tax incentives
Tax-break deals the state of Illinois made with 107 companies to either keep jobs in the state or create new jobs are set to expire in 2012, 2013 and 2014.
Some of the larger deals are listed here, with the company name and location, along with the jobs the companies agreed to try to either retain or create and the amount of their tax credits used.
2012
ArcelorMittal Riverdale Inc., Riverdale/Hennepin, 300 jobs to be created, $4.3 million in tax credits used
J.P. Morgan Chase, Chicago/Elgin/Elk Grove Village, 2,247 jobs to be retained, 125 to be created, $34.7 million
Land O’Frost Inc., Lansing, 250 jobs to be retained, 25 to be created, $2.2 million
LTD Commodities, Naperville, 187 jobs to be created, $397,000
Manchester Tank & Equipment, Quincy, 45 jobs to be retained, 150 to be created, $1.7 million
North American Lighting, Paris, 162 jobs to be created, $2.38 million
Robert Bosch Tool Corp., Mount Prospect, 444 jobs to be retained, 25 to be created, $6.72 million
Service Master Holdings Corp., Downers Grove, 200 jobs to be retained, $1.96 million
Takeda Pharmaceuticals North America, Lincolnshire, 266 jobs to be created, $18.5 million
2013
Aisin MFG, Illinois LLC, Marion, 140 jobs to be created, $2.99 million
Deere & Co., East Moline/Silvis/Moline, 350 jobs to be retained, 30 to be created, $7.28 million
Genco Inc., Pontoon Beach, 190 jobs to be created, $486,883
Lanco International Inc. Mi-Jack Products, 325 jobs to be retained, 25 to be created, $3.59 million
Menard Inc., Plano, 230 jobs to be retained, 150 to be created, $206,396
Sterling Steel Co., Sterling, 200 jobs to be created, $2.66 million
Sysco Food Services, Des Plaines, 355 jobs to be retained, 110 to be created, $7.5 million
Wahl Clipper, Sterling, 310 jobs to be retained, $2.77 million
Wal-Mart Stores East, Spring Valley, 600 jobs to be created, $6.44 million
William Wrigley Jr. Co., Chicago, 155 jobs to be retained, 30 to be created, $5.71 million
2014
Abbott Laboratories, Des Plaines, 260 jobs to be retained, 50 to be created, $2.83 million
CDW Corp., Vernon Hills and Mettawa, 142 jobs to be created, $1.9 million
Holten Meat Inc., Sauget, 214 jobs to be retained, 29 to be created, $742,581
Shure Inc., Niles, 570 jobs to be retained, 65 to be created, $4.19 million
Terrace Holding Co., Cicero, 153 jobs to be retained, 91 to be created, $1.9 million
U.S. Cellular Corp., Bensenville, 150 jobs to be created, $2.08 million
Wells Fargo Bank, Springfield, 548 jobs to be retained, $2.18 million
Source: state of Illinois