city of huntley

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Midwestern US Site Selection Overview Huntley, Illinois – When you seek the geographical and supply-chain benefits of being located in metropolitan Chicago, but require lower cost of the Midwest’s secondary markets. … at the center of Chicago business

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Doing business with the City of Huntley, presented at the International Trade Fair held on 12/7/12

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Page 1: City of Huntley

Midwestern US Site Selection OverviewHuntley, Illinois – When you seek the geographical and supply-chain benefits of being located in metropolitan Chicago, but require lower cost of the Midwest’s secondary markets.

… at the center of Chicago business

Page 2: City of Huntley

Metro Chicago has something that few other Midwestern cities can claim…

Page 3: City of Huntley

Chicago Area Remains a Top U.S. Choice for

Expansion

Page 4: City of Huntley

Low Local Taxes and Water Rates

CommunityProperty Taxes $1MM Est FMV

Additional Property Taxes/$1MM Est FMV Total Sales Tax

(per 1000 gallons)

HUNTLEY 26,697$ 7.00% 2.64$ Elgin 28,501$ 1,805$ 7.75% 4.57$ Schaumburg (1) 65,604$ 38,907$ 9.25% 6.62$ Rolling Meadows (1) 72,212$ 45,516$ 9.25% 7.40$ Milwaukee, WI 26,900$ 203$ 5.60% 2.25$ Des Moines, IA 45,981$ 19,284$ 6.00% 2.03$ St. Louis, MO 28,300$ (201)$ 8.49% 2.37$ Indianapolis, IN 32,050$ 5,353$ 7.00% 3.62$ Lansing-East Lansing, MI 25,596$ (1,101)$ 6.00% 2.91$

Property Taxes-Paid in 2011 Sales Taxes

MunicipalWater

Figures in red font represent higher costs than those in Huntley

Page 5: City of Huntley

Well Educated Workforce

Page 6: City of Huntley

Huntley’s School District 158…..• 30% or more of Huntley High School’s 2010 graduating students

participated in at least one AP course during high school. • School District 158 ranks among only 27 Illinois school districts in which

30% or more of the 2010 graduating students earned a score of 3 or higher on at least one AP exam.

Page 7: City of Huntley

Competitive Wages

Page 8: City of Huntley

Low Effective State Taxes

(no personal property taxes)

Page 9: City of Huntley

CY 2011 All-Cargo Landed Weight for Fiscal Year 2013 Entitlements 9/11/12 Source: ACAIS CY 2011 FAA

Midwestern Locations Rank

ST Loc ID

Airport Name City Svc Lvl

Hub 2011 Landed Weight (lbs.)

1 TN MEM Memphis International Memphis P M 20,303,149,106 3 KY SDF Louisville International-Standiford Louisville P S 10,981,281,067 5 IN IND Indianapolis International Indianapolis P M 4,813,314,835 6 IL ORD Chicago O'Hare International Chicago P L 4,368,420,500 11 KY CVG Cincinnati/Northern Kentucky Greater Cincinnati P M 2,819,377,048 23 MN MSP Minneapolis-St Paul Minneapolis P L 968,650,986 26 IL RFD Chicago/Rockford International Rockford P N 888,721,860 34 OH LCK Rickenbacker International Columbus GA - 653,902,306 35 OH TOL Toledo Express Toledo P N 650,714,500 38 MI DTW Detroit Metropolitan Wayne County Detroit P L 602,804,150 42 WI MKE General Mitchell International Milwaukee P M 490,424,335 50 IA DSM Des Moines International Des Moines P S 425,198,660

http://www.faa.gov/airports/planning_capacity/passenger_allcargo_stats/passenger/media/cy11_cargo.pdf

(CY 2011 All-Cargo Landed Weight for Fiscal Year 2013 Entitlements 9/11/12)Source: ACAIS CY 2011 FAA

UPS’ second largest domestic cargo airport is located at Chicago/Rockford International.

Two Strong Air Cargo Locations

Chicago Rockford Int’l Airport now ranked 18th!

Page 10: City of Huntley

Illinois Rail CompetitivenessRail Competitiveness Measure Illinois Rank Rail Competitiveness Measure Illinois RankNumber of railroads 4 Total rail miles 2Rail tons carried 3 Rail tons originated 2Rail carloads carried 1 Rail tons terminated 2Tons originated-intermodal 2 Rail carload originated 2Tons terminated-intermodal 2 Rail carloads terminated 1

Source: 2010 STB Waybill Sample

http://www.aar.org/Railroads-States/State-Rankings-2010.pdf

Among the Best Rail Access in the US

Page 11: City of Huntley
Page 12: City of Huntley

Only Chicago Itself Maintains a Larger

Midwestern Presence

Page 13: City of Huntley

Northern Illinois Technology TriangleConnecting Illinois' Northern Region to the World

Huntley

Page 14: City of Huntley

Huntley Corporate Park

Huntley Corporate Park

30 Miles from O’Hare Int’l Over 200 acres Fully improved with access

and utilities Business Park Zoning Fast Track Permitting Interstate 90 Access Strong Labor Availability Fiber Optic access 2013

Page 15: City of Huntley

"A full interchange at I-90 and Rt. 47 is going to position Huntley as one of the most highly sought locations for business in the Chicago-metro area.“

Leonard S. GrynChief Operating OfficerWeber-Stephen Products LLC, Huntley, IL

"Huntley’s staff and elected officials took the time to understand our organization, responded quickly to our needs, and made sure that our approval process was efficient and seamless. Even after receipt of our approvals, Village personnel continue to provide proactive contact and consistent attention."

Kazuo KadotaniExecutive Vice PresidentFYH Bearings USA

Strong Support From Existing Businesses

Page 16: City of Huntley

Strategically located in suburban Chicago at the crossroads of Interstate 90 and Route 47, Huntley is among the fastest growing communities in the Chicago area, a vibrant business-friendly community offering unique benefits to business:

• Over $100 million in roadway improvements (Rt. 47 widening and I-90 interchange construction)

• Expanded high voltage electrical distribution network with multi-source supply

• Direct backbone access to fiber optic communications• Over 200 acres of developed business park land capable of

accommodating construction of buildings up to 500,000SF• Over 750 acres of undeveloped land identified for industrial,

manufacturing, office and business park uses• Over 400 acres identified for retail uses with over 250 acres fully

developed and ready for construction• Second highest number of new housing starts in suburban Chicago in

2011 and 2012• Efficient and swift municipal approvals through fast track permitting

Huntley is …

Page 17: City of Huntley

For additional information about economic development opportunities in Huntley, please visit our website at www.HuntleyFirst.com, or contact:

Victor Narusis Margo GriffinBusiness Recruitment Coordinator Business Retention & Expansion847.515.5298 847.515.5269815.341.3558 (cell) [email protected] [email protected]

… at the center of Chicago business