G and W Leaves Blue Island

Posted in the Blue Island Forum

greener pastures

Blue Island, IL

#1 Jun 13, 2012
Company moves HQ from Blue Island to Bolingbrook

BOLINGBROOK — Lee Valent cried on the first day of work in her company’s new building.

They were tears of joy for the receptionist from Lansing who had toiled for years along with other G&W Electric workers in an antiquated, overcrowded building in Blue Island.

At a ribbon cutting on Tuesday morning, local officials and business people got to see what made Valent so emotional. The 377,000-square-foot global headquarters and manufacturing plant is modern, high-tech and temperature- and humidity-controlled. It’s triple the size of the old building.
Unfortunate

AOL

#2 Jun 13, 2012
greener pastures wrote:
Company moves HQ from Blue Island to Bolingbrook
BOLINGBROOK — Lee Valent cried on the first day of work in her company’s new building.
They were tears of joy for the receptionist from Lansing who had toiled for years along with other G&W Electric workers in an antiquated, overcrowded building in Blue Island.
At a ribbon cutting on Tuesday morning, local officials and business people got to see what made Valent so emotional. The 377,000-square-foot global headquarters and manufacturing plant is modern, high-tech and temperature- and humidity-controlled. It’s triple the size of the old building.
It's unfortunate that Blue Island didn't have a site feasable for their expansion and the costs would be too great to modernize their current location.
Frank

Blue Island, IL

#3 Jun 13, 2012
Unfortunate wrote:
<quoted text>It's unfortunate that Blue Island didn't have a site feasable for their expansion and the costs would be too great to modernize their current location.
Your damage control, will not pass muster here. They were never contacted by the mayor or his staff to make sure their needs are being met. There is a pattern here where businesses are not treated properly and move out, or never consider to locate in Blue Island in the first place. The homeowner who is already strapped for cash, will have to pay more real estate tax.
greg 121

Palos Hills, IL

#4 Jun 14, 2012
Frank wrote:
<quoted text>
Your damage control, will not pass muster here. They were never contacted by the mayor or his staff to make sure their needs are being met. There is a pattern here where businesses are not treated properly and move out, or never consider to locate in Blue Island in the first place. The homeowner who is already strapped for cash, will have to pay more real estate tax.
So where do you get your information from? Did GW look for BI sites? how much money did GW get to move to there new location? and what kind of tax breaks ? what more should the city do for a succesful company ? all gw done here in BI is become so succesfull the needed more room triple the size ! and thats the mayors fault ?
Sunshine Needed

Blue Island, IL

#5 Jun 14, 2012
greg 121 wrote:
<quoted text>
So where do you get your information from? Did GW look for BI sites? how much money did GW get to move to there new location? and what kind of tax breaks ? what more should the city do for a succesful company ? all gw done here in BI is become so succesfull the needed more room triple the size ! and thats the mayors fault ?
What should a city do for a successful company? As much or more than the place that is trying to lure them away from here. The trend is to move out of Blue Island for obvious reasons. Just read the problems Affordable Housing at Mother Of Sorrows is having. The same goes for Modern Drop Forge, gone! This administration has the wrong attitude. The progressive party Business Model is all but Broken.
Greg 121

Palos Hills, IL

#6 Jun 14, 2012
Sunshine Needed wrote:
<quoted text>
What should a city do for a successful company? As much or more than the place that is trying to lure them away from here. The trend is to move out of Blue Island for obvious reasons. Just read the problems Affordable Housing at Mother Of Sorrows is having. The same goes for Modern Drop Forge, gone! This administration has the wrong attitude. The progressive party Business Model is all but Broken.
And just what was that ????? How Much ????? I forgett bu it was a big chunk of change ! have us the taxpayers subsidize a successfull business's taxes ? good rid-ens
drop forge moved because our liberal state government,and the tax structure thats why? and you want ME to make up the difference?
and Affordable Housing @ Mother of Sorrows HA HA great tax revenue there ! NOT. tear jerker of a story though

Tired of being bullied by these successful companies who hold cities hostage and hod there hand out for tax breaks and WE flip the tab ! like I said Good rid-dens. and untill others wake up the ransom will be more !

BI taxpayer

Blue Island, IL

#7 Jun 14, 2012
The truth of the matter is Blue Island could do little to keep G&W. The state Department of Commerce and Economic Opportunity (DCEO) gave them a $5.6 MILLION dollar tax credit, Will County offered $24 MILLION (where was Cook County when we need them???), ComEd another $2 MILLION, and Bolingbrook chipped in $50k.

Will County's $24MM was Fed dollars, part of the American Recovery and Reinvestment Act. AKA, Blue Island taxpayers are paying to move G&W out of town.

$10,050,000 spent to keep a company in Illinois. At 353 jobs, that's $28,470.26 per job.

http://www.buglenewspapers.com/bolingbrook/ne...
the peloquin years

Blue Island, IL

#8 Jun 15, 2012
Village to Waive $50K in Fees for G&W Electric
The will move its headquarters to the Crossroads Business Park off Route 53 in the next few months.



In an attempt to make Bolingbrook more business-friendly, village board members voted to waive all village fees for G&W Electric, which plans to relocate to Bolingbrook in the next few months.

G&W, an international designer of electrical systems that has powered such high-profile buildings such as the Kennedy Space Center, Harvard University and MIT, is already taking advantage of a $5.6 million tax incentive from the state and $24 million worth of bonds from Will County. ComEd, meanwhile, has offered $2 million in infrastructure improvements.

The waiver of fees—fees such as occupancy fees, and fire and building plan review and inspection fees—will save the company another $50,000.

Bolingbrook Mayor Roger Claar said G&W, which will move its headquarters and administrative operations to the Crossroads Business Park off Route 53, will bring more than 300 jobs to the Bolingbrook-area.

G&W is currently based in Blue Island.

The move to Bolingbrook will afford the company almost double the amount of space. The company has indicated it will be expanding its operation and hiring in the Bolingbrook area.

Claar said the move was "a mayor's dream,” during his State of the Village address in January
28 years of what

Blue Island, IL

#9 Jun 15, 2012
Unfortunate wrote:
<quoted text>It's unfortunate that Blue Island didn't have a site feasable for their expansion and the costs would be too great to modernize their current location.
If they honestly wanted to stay here in Blue Island, they could have located on the site where the Mayors tour de force Plasma arc incinerator was to be located! The current city administration with the RUBBER STAMP city council has taken a ANTI BUSINESS STANCE. Just look what they did to The Affordable Housing Group! Look how they treat the small business people with city imposed fees, and fines.
Denial

Chicago, IL

#10 Jun 15, 2012
Will 28 years of poor choices and bad decisions finally tank Blue Island economically?
Taxpayer

Chicago, IL

#11 Jun 15, 2012
Unfortunately this is the operational mode for the Peloquin administration as history has shown us. And now he wants to go to Washington D.C. to screw us even more? Is he on drugs? As part of the GOP make over that will be coming to DC, I can see only more woeful times for Blue Island.
Kathy

Blue Island, IL

#12 Jun 15, 2012
28 years of what wrote:
<quoted text>
If they honestly wanted to stay here in Blue Island, they could have located on the site where the Mayors tour de force Plasma arc incinerator was to be located! The current city administration with the RUBBER STAMP city council has taken a ANTI BUSINESS STANCE. Just look what they did to The Affordable Housing Group! Look how they treat the small business people with city imposed fees, and fines.
You must also hold Building Commissioner Bob Adams responsible, he did not show his expertise, and let former Fire Chief Copp dig the city a deeper hole to get out of. Yes Bob could have saved the taxpayers a lot of money if he would have spoke up and told the truth. I guess he enjoys seeing the city in Federal Court.
The Bum on Western

New Lenox, IL

#13 Jun 17, 2012
Just another kick in the pants to the city of BI. Another valuable business leaves town. I don't care how it was done, it was done. Now they are gone. Don't anyone try to take my turf. I'm going to be in front of T&G's and that block is mine! BTW, do you have any spare change? Soon the Bums on Western will outnumber the people frequenting the businesses that are left. I guess we'll panhandle from each other.
Denial

Chicago, IL

#14 Jun 17, 2012
The current Blue Island administration has done a great job of cutting the tax base, increasing municipal taxes, and wasting time and taxpayer dollars on snake oil schemes that anyone with common sense knows do not work! At the end of the day they will all leave office with their hefty pensions courtesy of Blue Island taxpayers.

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