Illinois Careers Created by Mead Johnson
Posted on May 5, 2009
One company is helping to create new Illinois careers.
Mead Johnson Nutrition Company recently announced its plan to open a new corporate office in Glenview, a move that will create 50 new jobs. The Illinois Department of Commerce and Economic Opportunity is offering the company $2.6 million in incentives to support their $10.4 million commitment.
In spite of a recession, we are working to create new jobs and to keep Illinois business strong, DCEO Director Designee Warren Ribley said in a press release. This investment package will not only encourage growth, it will also put people to work. By investing in global companies like Mead Johnson we are investing in the future of our states economy.
Mead Johnson is a leader in pediatric nutrition. The company develops, manufactures, markets and distributes more than 70 products in 50 markets throughout the world, primarily under the “Enfa” brand.
Locating our corporate office in Glenview will give us the ability to access the new skills and talent we need to operate as a publicly traded company and enhance our effectiveness as a global growth company, Stephen W. Golsby, Mead Johnson president and CEO, said in the press release. We would also like to thank Governor (Pat) Quinn and Director Ribley and his staff at the Illinois Department of Commerce and Economic Opportunity for all of their support and welcoming Mead Johnson to Illinois.
In support of the company’s investment, the DCEO is administering a business assistance package totaling about $2.7 million in tax credits and exemptions through the Economic Development for a Growing Economy program, which is based on the state’s income tax collections on employee salaries during the next 10 years. The DCEO also is offering up to $25,000 in job training assistance through the Employer Training Investment Program.