DO YOU KNOW…
Kaney Aerospace has grown from the initial small group of employees to over 120 employees. In early 2017, Kaney acquired BVR Technologies. It too was a Rockford company founded in 1945, and even bigger than Kaney. BVR was made a part of Kaney Aerospace which now has over $20 million in annual revenue.
Every System Every Aircraft Needs Your Help!
How does your company support the bold statement that represents our region’s Aerospace Industry – Every System Every Aircraft? RAAN and the RAEDC want to know what your aerospace capabilities include. Please, take 4 minutes to help us out.
Thank you, to all of our Facebook Fans for liking, sharing, and commenting during our Discover What’s Developing contest. We loved meeting the winners and look forward to more fun activities in 2018.
SEE WHO WON>>>
Workforce Connection Completes 2017 Northern Stateline Economy & Jobs Report
The Workforce Connection has completed the 2017 edition of the Northern Stateline Economy & Jobs Report.
Recognition and Awards for Our Region in 2017
Our region has received recognition and many awards during 2017; from Industry Week naming our region as a great place for manufacturing to articles in the Wall Street Journals and the Chicago Tribune, here are a few to celebrate!
Hennig, Inc. Brings 50 Jobs to Machesney Park in $3M Expansion
The Hennig Inc. expansion, totaling 28,000sqft will bring more than 50 jobs to Machesney Park. Congratulations!
Advanced Machine and Engineering Ground Breaking Adds 100 Jobs to Rockford Region
The Advanced Machine & Engineering groundbreaking results in a $3.5 Million investment in a 30,000sqft building expansion and up to 100 additional jobs.
$20,000 Donation for the Rock Valley College Cold Forming Training Center
Industrial Fasteners Institute (IFI) and Fastener Education Foundation (FEF) donate funds to the Cold Forming Training Center, the only facility in the nation offering this fast-track style program.
Community Foundation of Northern Illinois Provide $675,000 Grant to Rock Valley College and Highland Community College
Rock Valley College & Highland Community College receive a 3-year grant worth $675,000, from the Community Foundation of Northern Illinois to support Linking Talent with Opportunity, a regional effort to connect high school students with high-demand local jobs.
Transition and Succession Planning – Thursday, March 1
It’s never too late to build a great business. Join us as we unpack the critical issues of selling and buying a business. Who should attend; C-Level Executives, Business Advisors, Business Owners, or Investors.
Job Fair at Chicago Rockford International Airport – Tuesday, January 16
Bring your resume and meet with multiple aerospace-related companies during this job fair hosted by the Chicago Rockford International Airport.
1 Million Cups – Wednesdays, 9 – 11 am
Entrepreneurs present their startup companies and learn how the community can help their business flourish. These meetings are held on a weekly basis.
Rockford Area Economic Development Council
100 Park Avenue, Suite 100, Rockford, IL 61101
ABOUT THE RAEDC
The role of the Rockford Area Economic Development Council (RAEDC) is to collaborate with regional stakeholders to cultivate opportunities for primary job growth that increase the economic well-being of our region. The RAEDC markets the region to attract new capital investment, while assisting existing business with resources for sustainable growth. The RAEDC works closely with many partners to improve the competitiveness of the region by taking what it learns from the region’s employers and engaging the community in the daily work of economic development. As the economic development organization for the region, the RAEDC also serves as the area’s data collection agency on all new capital investment, retained and created quality jobs, and renovated commercial/industrial space.