OfficeMax http://wuis.org en Madigan: Resist Temptation To Cave To Corporate Officials' Demands http://wuis.org/post/madigan-resist-temptation-cave-corporate-officials-demands <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A day after Office Depot announced it would stay in Florida rather than move to Illinois, the speaker of the House says Illinois needs to end its practice of offering tax incentives on a case-by-case basis.</p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p> Thu, 12 Dec 2013 00:19:54 +0000 Amanda Vinicky 14830 at http://wuis.org Madigan: Resist Temptation To Cave To Corporate Officials' Demands Illinois Loses Office Depot, Is ADM Next? http://wuis.org/post/illinois-loses-office-depot-adm-next <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A newly merged Office Depot chose to locate its headquarters in Florida, instead of Illinois. A Republican candidate for governor says Illinois needs to hurry if it doesn't want a similar fate with Archer Daniels Midland.</p><p></p><p><span style="line-height: 1.5;">Archer Daniels Midland is based in Decatur now, and no matter what plans to keep many of its operations there. But it's searching for a new worldwide headquarters.</span></p><p>Chicago's in the running, but so are major cities.</p> Wed, 11 Dec 2013 00:11:00 +0000 Amanda Vinicky 14728 at http://wuis.org Illinois Loses Office Depot, Is ADM Next? ADM Unlikely To Get Tax Credit Before End Of Year http://wuis.org/post/adm-unlikely-get-tax-credit-end-year <p>While much of the attention was focused on pensions, state legislators yesterday also dealt with measures intended to get a trio of companies to call Illinois home. But they only got halfway there.</p><p><span style="line-height: 1.5;">Decatur-based Archer Daniels Midland is shopping for a new world headquarters. The agribusiness giant may well choose Chicago; but it wants a tax break from Illinois, like in a measure approved by the Senate.</span></p> Wed, 04 Dec 2013 05:32:43 +0000 Amanda Vinicky 14274 at http://wuis.org ADM Unlikely To Get Tax Credit Before End Of Year Satellite TV Tax Could Help ADM, Office Depot http://wuis.org/post/satellite-tv-tax-could-help-adm-office-depot <p>Although pensions are atop the agenda Tuesday in Springfield, the Illinois General Assembly could consider a set of tax breaks for some of Illinois' biggest corporations.</p><p>Decatur-based Archer Daniels Midland is moving its corporate headquarters, and wants a tax break to remain in Illinois, most likely Chicago. Office Depot, newly merged with OfficeMax, is deciding whether to put its combined headquarters in Florida or Naperville.</p><p>The deal would let the companies keep money they deduct from employee paychecks for Illinois taxes.</p> Tue, 03 Dec 2013 12:00:30 +0000 Brian Mackey 14197 at http://wuis.org Satellite TV Tax Could Help ADM, Office Depot Tax Breaks For ADM, Office Depot Advancing in Senate http://wuis.org/post/tax-breaks-adm-office-depot-advancing-senate <p>A Senate panel has approved legislation that would give tax incentives to two of Illinois biggest corporations — Office Depot and Archer Daniels Midland.</p><p>ADM says it's moving its head office from Decatur to a larger city.</p><p>Chicago is thought to top the list of alternatives, but the company has also checked out Minneapolis and Atlanta. That said, ADM executive Gregory Webb told senators the company would prefer to stay in Illinois.</p><p>"We have 17,000 North American employees, and 4,500 of them are in Decatur. So Illinois is a preference," Webb said.</p> Thu, 07 Nov 2013 14:52:21 +0000 Brian Mackey 12524 at http://wuis.org Tax Breaks For ADM, Office Depot Advancing in Senate Legislators Set To Give Tax Breaks ... But Not Yet, ADM http://wuis.org/post/legislators-set-give-tax-breaks-not-yet-adm <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>State legislators are advancing a measure that attempts to lure chemical plant jobs to Illinois, but broader plans to offer companies like ADM incentives are not ready just yet.&nbsp;</p><p><span style="line-height: 1.5;">Archer Daniels Midland is the highest-profile case of a company looking for a tax break from the state, in exchange for creating jobs. In ADM's case, the company is looking to move its global headquarters from Decatur to ... maybe Chicago, maybe a city in another state.</span></p> Wed, 06 Nov 2013 12:46:00 +0000 Amanda Vinicky 12430 at http://wuis.org Legislators Set To Give Tax Breaks ... But Not Yet, ADM Veto Session So Far: Nothing Happening http://wuis.org/post/veto-session-so-far-nothing-happening <p><span style="line-height: 1.5;">Illinois lawmakers returned to Springfield Tuesday for their fall veto session. Guns, gay marriage and corporate tax breaks are on the agenda. But nothing is moving yet.</span></p><p><span style="line-height: 1.5;">Supporters and opponents of same-sex marriage are rallying in the Capitol this week, but the sponsor of marriage legislation won't say when or if he'll call it for a vote.</span></p> Wed, 23 Oct 2013 11:00:00 +0000 Brian Mackey 11496 at http://wuis.org Veto Session So Far: Nothing Happening Quinn: Pensions Before Tax Breaks For ADM, OfficeMax http://wuis.org/post/quinn-pensions-tax-breaks-adm-officemax <p><span style="line-height: 1.5;">When lawmakers return to Springfield for their fall session later this month, they&#39;ll be weighing requests from several international companies that want tax breaks for keeping their headquarters in Illinois. But </span>Gov<span style="line-height: 1.5;">. Pat Quinn is throwing cold water on that idea.</span></p> Fri, 04 Oct 2013 18:34:50 +0000 Brian Mackey 10312 at http://wuis.org Quinn: Pensions Before Tax Breaks For ADM, OfficeMax