German Rittal Corp. to put U.S. headquarters in Schaumburg
German manufacturing company Rittal Corp. will be moving its U.S. headquarters to Schaumburg, the company and Gov. Pat Quinn are set to announce today.
The company and 40 workers will set up at the Woodfield Corporate Center at Martingale Road in Schaumburg, and the office is expected to be running by the end of September.
Rittal makes racks and cooling systems for computers and servers, and its main manufacturing operation is in Urbana, Ohio.
That's also where the U.S. headquarters will move to Schaumburg from.
"Getting closer to our customers so that we become their first choice is a significant goal now and in the years ahead," Rittal President Douglas Peterson said in a statement. "Creating a world-class customer-oriented facility in the Chicago area with its proximity to one of the world's most accessible airports is an excellent step toward making those critical connections easier."
Quinn's office said Rittal will be eligible for corporate income tax credits based on how many people it employs in Illinois. Department of Commerce and Economic Opportunity spokeswoman Sandra Jones said the credits are valued at about $62,400 per year over 10 years.
The company has to create jobs to keep the credits.
Quinn himself talked to Rittal leaders during a trip to Germany, talking to them about a move to Illinois.
"Rittal chose Illinois for its central location, transportation offerings and high quality of life," Quinn said in a statement.
Across the country, public officials do battle to try to win in corporate relocations, and the suburban area has seen several examples lately of big companies like AT&T and Motorola Mobility moving within the state, just down the road to Chicago.
State officials also are talking about how best to keep Office Max in DuPage County after its merger with Office Depot, which is based in Florida.