February 22, 2013

The Economic Development Administration (EDA) has approved a boundary modification to include Logan County in the local Economic Development District (EDD).  This week the Logan County Board of the whole accepted the modification as well.  The regional Economic Development District now includes Peoria, Tazewell, Woodford, Mason and Logan Counties.

 

 

 

February 20, 2013

THIS EVENT HAS BEEN CANCELED DUE TO CONFLICT WITH EVENT SPEAKERS.  PLEASE CONTACT PTAC VIA THE WEBSITE www.bradley.edu/turnercenter FOR MORE INFORMATION. 

The Procurement Technical Assistance Center at Bradley University is working with the Rock Island Arsenal Office of Small Business Programs to help you understand the buying needs of the Rock Island Arsenal on Wednesday March 20th from 8-noon at the Peoria NEXT Innovation Center.  Cost is $20 per attendee.

Click here for more details. 

February 11, 2013

A Greater Peoria Manufacturer helping regional schools teach students the basics of modern manufacturing in an effort to train students to fill the needs of local manufacturers.  Click here to read what Excel Foundry is doing to help with the regional workforce gap. 

February 6, 2013

A local and statewide effort is being developed to better prepare residents to meet the needs of today’s workplace.  The EDC's annual Discover Manufacturing Career Expo is a prime example a program that works.  Read more from the Lasalle Tribune.

January 31, 2013

The December (not seasonally adjusted) unemployment rate was essentially unchanged for the Peoria MSA, rising slightly to 8.3 percent in December 2012 from 8.2 percent in December 2011.   “December marks another month that shows falling unemployment rates throughout our state,” IDES Director Jay Rowell said. “The most pressing challenge to our economic progress is the uncertainty tied to Congress, the debt ceiling and the fiscal cliff. Our economic recovery could be compromised if Congress is not seen as working together to build a solution.”  See Greater Peoria regional trend charts below...

 

 

 

 

January 31, 2013

Governor Quinn Announces $50 Million for Local Transportation Improvement Projects

Investment Will Fund 54 Community Projects, Including Bike Paths, Walking Trails, Beautification and Support More Than 400 Jobs***

Click here to view project list

Click here for full release from State of Illinois

January 29, 2013

Peoria Mayor Jim Ardis stressed the importance of working together to build a brighter tomorrow for Peoria to a crowd of nearly 700 at the 13th annual Peoria State of the City Address hosted by the Peoria Area Chamber of Commerce.  He recapped 2012 but focused more on topics that will shape Peoria’s future including job creation, quality of life, economic growth and education.

The mayor's speech can be found by clicking here.

See photos from the event by clicking here.

 

 

 

 

 

 

 

January 21, 2013

PEORIA, IL (January 17, 2013)—SCORE Peoria’s contributions to the community were recognized in two very special ways this week.  First, the SCORE District leadership for Illinois recognized SCORE Peoria as the 2012 Chapter of the Year.  Second, SCORE Peoria member, John Amdall, was selected as the SCORE Mentor of the year for 2012.

January 21, 2013

Peoria, IL (January 21, 2013)—Peoria comes in at #62 on Milken Institute’s Best Performing Cities List for 2012.  That’s up from #68 last year and #87 in 2010.  The study compares job, wage, and technology performance metrics over a five-year period to capture the structural elements of the region.  Greater Peoria experienced an increase in GDP Growth compared to last year, while job growth and wages/salaries remained relatively unchanged from 2011.  

 Greater Peoria is the second best performing community among large US cities in comparison to our peer and aspirational (*) communities recognized in the 2012 Greater Peoria Economic Scorecard.

Community

2012 Rank

2011 Rank

Peoria

62

68

Ft. Wayne IN

59

127

Chattanooga TN

80

117

Grand Rapids MI

100

159

Rockford IL               

115

177

Dayton OH

117

166

Quad Cities IA/IL

132

107

Lexington KY

137

45

Springfield MO

144

60

*Madison WI

71

23

*Des Moines IA

72

83

*Omaha NE

82

22

 

January 15, 2013

Peoria Mayor Jim Ardis will deliver his annual State of the City Address on Tuesday January 29th at 11:45AM at the Peoria Civic Center Ballroom.  He will recap 2012 and shares his visions for