Chicago Metro Again Leads for Corporate Expansions, Relocations
For the eighth consecutive year, Site Selection magazine ranked Chicago “Top Metro” in the U.S. for corporate investment. In 2020, the region again saw more new and expanding corporate locations than any other metro area in the country, the ongoing pandemic notwithstanding.
Site Selection tracked 327 business expansions and relocations in the Chicago region, accounting for nearly $6 billion in investments. World Business Chicago said corporations making major commitments to the region cited Chicago’s diverse pipeline of talent, global connectivity and other core strengths.
“During the unprecedented challenges the country has confronted over the last year, Chicago has demonstrated that it is uniquely positioned to assist businesses,” said Michael Fassnacht, interim president & CEO, World Business Chicago. “Chicago’s number one ranking reflects both our supportive business community and our inclusive economic development model that will continue to serve as our city’s strong competitive advantage in the months and years ahead.”