This morning, the Senate Environment and Public Works (EPW) Republican staff released a comprehensive report on the unconventional oil and gas boom, the role of new technologies in making this happen, and the manufacturing comeback that is being driven by these developments. This report echoes many of the messages the NAM has been advancing on the topic. In addition, the report demystifies and rebuts many of the issues being raised by anti-fracking activists. It’s a very good report and one that can be a good resource as you try to tell the story of energy and manufacturing competitiveness. The report can be found here and the Committee’s press release can be found here.
Regional launch begins, moving toward a statewide roll-outSeptember 30, 2014 – The Inspire Illinois initiative for bringing industry and education together to help students and job seekers achieve their goals and address communities’ workforce development needs has reached its Phase 1 fundraising goal. Jim Nelson, Vice President of External Affairs for the Illinois Manufacturers Association (IMA), announced that the IMA Education Foundation, on behalf of the Manufacturing STEM Learning Exchange, and the Transportation, Distribution and Logistics Learning Exchange, with key support from the Health Sciences and Energy STEM Learning Exchanges have provided the Phase 1 funding support. The IMA Education Foundation is also serving as the state-wide license holder for Inspire Illinois.
The Illinois Manufacturers' Association proudly announce our endorsement of Republican Bruce Rauner in the race for Governor
Our announcement at Quality Floats Works, Inc., a family-owned and operated manufacturing company followed an intensive vetting process that included a candidate questionnaire and individual interviews with both candidates for office. We also polled our members to get your opinions about the election. Hundreds of companies responded and more than 90 percent expressed their support for Bruce Rauner. The IMA appreciates the candor and discussions that occurred with both Governor Pat Quinn and challenger Bruce Rauner during this two-month process as they outlined their vision and plans for moving Illinois forward.
UI LABS, Governor Pat Quinn, Mayor Rahm Emanuel and World Business Chicago today announced that the Digital Manufacturing and Design Innovation Institute (DMDII) has signed a lease to occupy a 94,000-square-foot facility located on the northern end of Goose Island. The lease marks a significant step since President Obama awarded the $70 million federal grant to Chicago and paves the way for build out of the facility.
Slated to open in first quarter 2015, the Digital Lab is a cornerstone of the City’s efforts to become a national leader in advanced manufacturing.
Many natural gas customers experienced sticker shock this past winter as demand soared, driving prices toincrease by as much as 2,000 percent in some areas of the country. In fact, the national price average was $7.78 per cubic feet in February of 2014 compared to $4.59 at the same time last year, according to the U.S. Energy Information Administration (EIA).
Now, with frigid temperatures behind us, prices remain about two-thirds higher than last year. This is being fueled by a combination of factors: