Governor Pritzker Announces $18.6 Million Investment in Holcim Spin-Off’s Operational Headquarters in Chicago – RiverBender (Alton)

Holcim’s $18.6 million investment in capital expenditures, bolstered by an Economic Development for a Growing Economy (EDGE) agreement with DCEO, will establish Chicago as the operational headquarters for its planned North American spin-off. This will doubleg the size of its Chicago employee base by creating 50 new full-time jobs and retaining 62 full-time jobs.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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