High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Chicago & Midwest  + Illinois  + Industrial  | 

Primient Makes $400M Investment in Decatur Facility

Primient will invest $400 million in its Decatur facility over the next five years to modernize operations, enhance sustainability, and improve employee well-being.

The announcement was made by Primient’s CEO, Jim Stutelberg and Illinois Governor JB Pritzker. “The scale of investments —particularly in the Decatur operations—is unmatched in our industry and clearly signals our ambition to be the partner of choice now and for the future,” said Stutelberg.

This investment will focus on improving infrastructure and operations related to refining and drying practices. “Illinois is open for business, and we’re showing the rest of the nation that business development and environmental sustainability go hand-in-hand,” said Pritzker. 

The food and industrial product company, which recently moved into its new headquarters site in Schaumburg, received an EDGE tax credit, which stipulates a $40 million minimum investment creating 50 new full-time jobs and retaining nearly 540 full-time jobs.

Read More News Stories About: CBRE
Connect

Inside The Story

State of IllinoisPrimient

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.