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Chicago & Midwest  + Illinois  + Hospitality  |  March 4, 2026
Jasmine Kilman
By: Jasmine Kilman

Illinois Ranks No. 2 for Corporate Expansion Projects

The Illinois Economic Development Corporation (Illinois EDC) shared that Illinois ranks second for corporate relocations and expansions, according to economic development trade publication Site Selection.

“Illinois EDC has seen a surge of companies interested in moving to or growing in Illinois, and for good reason,” said Illinois EDC President and CEO Christy George. “Illinois offers a prime location and strong infrastructure, a balanced and resilient economy, and a diverse and skilled talent pool—the very requirements businesses want and need to thrive.”

This is Illinois’ fourth year ranking as No. 2. A total of 680 Illinois projects qualified, and this is the Chicago metropolitan area’s 13th year ranking as a top metro. New companies coming to Illinois include Pure Lithium, Damera Corporation, and Epic Pharma Solutions Inc. Illinois’ emergence as a leader in quantum also saw new tenants agree to join the Illinois Quantum and Microelectronics Park on Chicago’s South Side, including  Diraq, Infleqtion, Pasqal, and Silicon Catalyst.  

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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.
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