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Homebuilders in Bloomington-Normal are playing catch up in meeting the growth of the last decade, the more recent expansion of the labor market, and projected future growth.
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More people are commuting greater distances to work in Bloomington-Normal every day, with some traveling 60 to 90 miles to work here – and about a quarter of Rivian’s workers driving an hour to work each day. That’s according to an analysis of cell phone location data and tracking from Rivian itself.
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In recent years, economic development efforts in Bloomington-Normal have focused on workforce development and creating a standard incentive package for prospective new businesses to locate in McLean County. That's about to change.
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The head of the Bloomington-Normal Economic Development Council says the local economy has a lot of encouraging signposts, noting that consumers are buying a lot, according to year-to-date sales tax receipts.
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The maker of Butterfinger, Crunch, Tic Tacs and other candies has announced a second major expansion in Bloomington in less than a year. Ferrero plans to add 200 jobs as part of a $214 million expansion.
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The Bloomington-Normal Economic Development Council plans to launch a branding campaign to attract employers and workers to the area.
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The hiring boom McLean County employers predicted for this fall hasn't happened yet.
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Twin City economic development officials field inquiries from potential businesses all the time. But Bloomington-Normal Economic Development Council head Patrick Hoban says he's really excited about one particular prospect right now.
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The head of Bloomington-Normal's economic development arm said during a community briefing the economy is surging. Economic Development Council Director Patrick Hoban said during the quarterly BN By The Numbers event a labor shortage remains, but economic activity boomed as the pandemic eased..
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Connect Transit has unveiled three potential locations for the new downtown Bloomington transfer center.Up for consideration are the former Pantagraph…