Chicago Named a Top Metro for Corporate Investment

Site Selection Magazine has named the Chicago region the Top Metro in the U.S. for corporate relocation and site selection, for the 11th consecutive year, according to World Business Chicago (WBC). The accolade was announced by Mayor Brandon Johnson, alongside representatives from WBC and key figures from the Greater Chicagoland Economic Partnership, who gathered at S&C Electric in Chicago’s Rogers Park neighborhood to commemorate the news.

“Access to diverse talent, global connectivity and the City’s strong infrastructure are among the reasons why Chicago has been ranked a top metropolitan area for selection and corporate relocation for 11 years,” said Johnson. “On behalf of all the residents of the City of Chicago, I extend our gratitude to S&C Electric and the 162 other companies who made pro-Chicago decisions in 2023 – investing in our people, our neighborhoods, and our city—driving job creation and opportunities for all.”

In 2023, the Chicago metro area continued to outpace other regions in the nation, with an influx of new corporate locations and expansions. WBC reported a total of 163 “pro-Chicagoland decisions” throughout the year, including 117 expansions and 46 relocations or new market entries, with notable investments in Chicago’s South and West sides.