Our next event will be our Annual Economic Outlook Luncheon with Bill Strauss-Chief Economist, Federal Reserve Bank of Chicago. The event will take place on Thursday, March 22nd, 2018. Details will be announced in January, 2018.
Many Thanks to our Annual Event Sponsors!
Agriculture Event & Tour
On Wednesday, DCEDC hosted a Business Roundtable Event & Tour at the Monsanto Research Facility in Waterman, IL. DCEDC guests were enlightened on how Agriculture affects the local, national and global economy. Featured presenters included Troy Dukes. Dukes spoke to the production site methods and how Monsanto is utilizing and applying, the latest technology and innovations from the 21st century. Monsanto’s Renee Nowak shared information about the millions of tests that Monsanto must undergo in order to provide farmers with the best products. John Hardin from Monsanto explained processes in the entomology, pathology and breeding departments that take place the Waterman site. The Waterman site is a large contributor to the farmers located in the northern region. During the tour guest, could witness first hand, plot disease, the history of corn and the entomology sites
DCEDC would like to thank all the event participants and the staff members at the Monsanto Research facility!
Special thanks to our Annual Event Sponsors for your contribution to this, and all the DCEDC events.
The delicious picnic style luncheon was prepared by DCEDC’s Member, Tom & Jerry’s of Sycamore/Catering by Diann.
We appreciate our guests who attended another quality DCEDC Event!
DCEDC’s Annual Industrial Focus Luncheon
On, June 29th ,2017, DCEDC held their annual Industrial Focus Luncheon at the DeKalb County Farm Bureau. DCEDC thanks its long-time partner for hosting the event in its beautiful venue. Guest had an opportunity to network with other attendees, and enjoyed a delightful lunch provided by Nat’s on Maple! The main business resources opportunities panel presentation immediately followed.
The event panelist included, Dr. Jerry Blazey, Dr. Laurie Borowicz, and Chris Blumhoff. Dr. Blazey from NIU, gave the first presentation, highlighting the partnerships NIU has to offer and how those could benefit surrounding companies. He also noted the diverse program offerings that make students valuable assets in the workforce. Dr. Borowicz, from Kishwaukee College, mentioned several examples of how Kishwaukee provides programs to help students to a four-year university. Kishwaukee College focuses extensive efforts to collaborate with industries, high schools as well as NIU to provide excellent resources for the community. Finally, Blumhoff from IMEC, ended the presentation by describing how IMEC is committed to industry excellence. Their validated, leading edge model IMEC works with companies to bring forth success. All panelist discussed how they collaborate and will continue to work together. Afterward, guest were offered the opportunity to ask the panelist further questions and to gain further insights on their industry.
Thank you to our Sponsors, SDI, Heartland Bank and Trust Company, Tate and Lyle, Clayco, Valley Industrial Association and The DeKalb County Farm Bureau for your support towards this event! We are grateful for our Co-Chairs Karen Pletsch and Gary Evans for their help planning the event! Additionally many thanks to our Annual Event Sponsors: DeKalb County, Northwestern Medicine Kishwaukee Hospital, Nicor Gas, Larson and Darby Group, OSF Healthcare, Northern Illinois University, Monsanto, ComEd, IDEAL INDUSTRIES, Venture One Real Estate, First National Bank, City of DeKalb, and First Midwest Bank! Our events truly depend on your support and we are greatly appreciative of your efforts! Thank you Nat’s for catering this event!!
Special Thanks to our Industrial Focus Luncheon Sponsors!
On Thursday, June 1st, DCEDC hosted their 8th Annual Large Contributors Reception. The reception was held at the beautiful Faranda’s Banquet and Conference Center in DeKalb, IL. This reception is given in honor of our Large Contributors ($1,000.00 and above) recognizing these members for supporting DCEDC at this level. These investments are essential to the 30 year old Non-Profit organization, which enables DCEDC to promote DeKalb County development opportunities that strengthen the economy, expand the tax base and create jobs! Guests enjoyed high-level networking, delicious food and refreshments, and three compelling presentations given by newly established companies in DeKalb County.
The evening was kicked off by Sycamore’s own, Ben Swedberg, President of LEDiL, Inc. Ben shared information about the Finland-based company’s success and growth as a leading global supplier of optics for the LED lighting industry. Swedberg said one reason he chose to locate the American headquarters in Sycamore, with the help of City Manager Brian Gregory and DCEDC Executive Director Paul Borek, was that the Swedberg family has been here for 150 years
Next, Steve Steinwart, President of Meadowvale, Inc., who shared the company history and why they chose to relocate to Sandwich. He noted that the financial incentives through the DeKalb County Enterprise Zone was a significant contributing factor. For 50 years, employee-owned, Meadowvale, Inc. is a leading manufacturer of premium high-quality dairy mixes, including ice cream, frozen custard, and soft serve.
The evening closed with Director of Engineering for Solotech, David Lemmink, Solotech is a dedicated leading innovator in integrated design and engineering services and custom fabrication and much more. David has 30 years of experience in the entertainment industry. He previously worked for PRG Nocturne and joined Solotech to assist in the US expansion into the concert and touring market. Some of their clients include Lady Gaga, Chance the Rapper and many others. Solotech selected DeKalb because of its strategic location, strong workforce, and access to the engineering talent at Northern Illinois University. Logistically, had critical rail, interstate and airport access, with the DeKalb County Enterprise Zone, business expansion tax exemptions as an added benefit. The company plans to expand their workforce over the next few years.
Economic Outlook Luncheon
On March 24, 2017, DCEDC held its annual Economic Outlook Luncheon at Faranda’s Banquet Center. Senior Economist Bill Strauss of the Federal Reserve Bank of Chicago delivered an insightful presentation regarding the outlook of our economy. He presented data suggesting that the U.S. economy is expected to expand at a pace around trend through 2009. Additionally, Strauss stated that manufacturing output is expected to increase at a rate below its trend during 2017 and 2018 and the housing marketing is expected to continue improving through 2018. We thank the Daily Chronicle for their event coverage.
We were thrilled to have Bill Strauss back for another successful Economic Outlook Luncheon! We would like to thank Bill, the Federal Reserve Bank of Chicago, Faranda’s Banquet Center, our Economic Outlook Sponsors, and last but certainly not least, our Annual Event Sponsors!
Special thanks to our Economic Outlook Luncheon Sponsors!
Business Roundtable – INTERSECT Illinois
DCEDC held its first Business Roundtable this year on Thursday, February 9th, 2017 from 11:00 AM – 1:00 PM at Fatty’s Pub and Grille with a presentation from James Schultz about the recently formed economic development organization, Intersect Illinois. Prior to becoming the CEO of Intersect Illinois, Illinois Gov. Rauner named Schultz Director of the Illinois Department of Commerce in February 2015. Schultz is a fifth generation Illinoisan, agribusiness entrepreneur, and private equity executive. Learn more about Schultz by reading his full bio.
Within his presentation, Jim described the role and impact of INTERSECT Illinois on increasing Illinois’ competitiveness, focusing on business development, and job creation. Intersect Illinois works with the Illinois Dept. of Commerce and Economic Opportunity (DCEO) and other economic development organizations throughout the state to promote Illinois’ strengths and resources. Audience members had an opportunity to engage in a question and answer session with Schultz as well as provide feedback about local economic development efforts and projects in DeKalb County.
DCEDC’s 2016 Annual Dinner and State of the County Event, November 2, 2016
DCEDC held its 2016 Annual Dinner and State of the County Event on November 2, 2016 at Faranda’s Banquet Center in DeKalb, IL. Paul Borek, DCEDC Executive Director, gave the State of the County address that highlighted the numerous economic development projects and initiatives within DeKalb County this past year. A copy of this year’s State of the County presentation is available for DCEDC members using their membership login.
This year’s keynote speaker was Jim James, Chairman and CEO of IDEAL INDUSTRIES, INC. James has served as IDEAL INDUSTRIES, INC. President and CEO since 2008 and Chairman and CEO since 2014. With more than a quarter-century of experience across several industries, including metal fabrication, aerospace, chemical adhesives and building components, Jim James leads IDEAL INDUSTRIES, INC. with a wealth of knowledge and visionary leadership. A graduate of Georgia State University (MBA) and the University of Wisconsin (BS in Industrial Technology), Jim also spent 16 years with Illinois Tool Works before joining IDEAL in 2008.
In his presentation, James discussed the importance of a company’s willingness and ability to change and grow. He noted that this often includes taking calculated risks to build on the company’s foundation as well as its operational processes and abilities.
To view our Annual Dinner Sponsors and Exhibitors, along with our participants you may click on this link- annual-dinner-slideshow-final-10-31-16
Thanks to this years’Annual Dinner Sponsors, Exhibitors, Volunteers & Participants
Airport Business Roundtable: The Economic Role of the DeKalb Taylor Municipal Airport
Have you ever thought about how much of an impact the DeKalb Taylor Municipal Airport has on our economy? Jack Penning, Executive Director of Strategy & Development for Sixel Consulting Group, provided insights at our September 8th Business Roundtable Luncheon held on location at the airport. The DeKalb Taylor creates a total annual economic impact of $10.7 Million each year! This includes the direct impact of those using and operating the airport, the indirect impact of visitor and corporate spending, and the induced impact of downstream spending and payroll.
Having an airport like DeKalb Taylor is important in attracting business development. Companies using business aircraft outperformed those that do not by .5% to 2%, according to Penning. 3M, Target, Johnson Controls, Menards, Walmart and Monsanto all use the DeKalb Taylor. With a 7,026 foot runway, DeKalb Taylor Airport in among the most well-equipped in Northern Illinois to serve corporate jets. We express our appreciation to our guests, our keynote speaker Jack Penning, the City of DeKalb, Illinois,DeKalb Taylor Municipal Airport, Fatty’s Catering Group, and all of our Annual Event Sponsors (listed below) for contributing to the success of the DeKalb Taylor Airport Business Roundtable!
OSF Saint Anthony Medical Center, DeKalb County Government, First National Bank, Larson & Darby Group, IDEAL Industries, Inc., KishHealth System, Northern Illinois University, City of DeKalb, Illinois, First Midwest Bank, Venture One Real Estate, Monsanto Company
DCEDC’s Technology Focus Luncheon
On Thursday, June 30th, DCEDC hosted the 2016 Technology Focus Luncheon. The focus of this event was to provide information on the emerging business technology needs and applications. With a combination of over one-hundred attendees from the community and DCEDC members, three presenters, Brett Coryell*, Tim Clark**, and Cohen Barnes***, shared insight on technology in the workplace. Coryell gave an overview of Regional Broadband and Fiber incentives, Clark spoke about the integration of IT, engineering, production, operation feedback and its importance, and Barnes provided information about Emerging Small Business IT Needs or Domestic IT Outsourcing Opportunities. Each demonstrated exceptional knowledge on the subject and delivery skills resulting in a well-received presentation. DCEDC President, Greg Millburg, proceeded to administer a question and answer session. The three presenters sat on the panel. Attendees inquired with detailed questions and the panelists engaged with thoughtful answers. The luncheon was hosted at 1312 W Lincoln Highway at Fatty’s Pub and Grille where DCEDC’s newest contributing member, Fatty’s Catering Group, provided delicious food, a lovely atmosphere, and spectacular service.
*Brett Coryell: Vice President for Information Technology and Chief Information Officer, Northern Illinois University
**Tim Clark: Corporate IT Director, IDEAL INDUSTRIES, INC.
***Cohen Barnes: Owner, Operator, SundogIT
“DeKalb County Thriving!” Summit
DeKalb County Farm Bureau
1350 West Prairie Drive
Sycamore, IL 60178
As a continuation of a joint economic development visioning process, NIU, DeKalb County Government, DCEDC, DeKalb County Community Foundation, and DeKalb County Farm Bureau will be holding a “DeKalb County Thriving!” Summit on Tuesday, May 24th from 8:00 – 9:30 AM at the DeKalb County Farm Bureau in Sycamore. The goal is to discuss suggested priorities for development and a draft economic development vision for the county with members of the public.
Please see the full Press Release from NIU Today.
2016 Economic Outlook Luncheon
Speaker: William A. Strauss, CBE, Senior Economist and Economic Advisor
DCEDC welcomed back Strauss as keynote speaker for their annual economic outlook luncheon. The event was held on Thursday, March 17th at Faranda’s Banquet & Conference Center at 302 Grove Street, DeKalb, IL. Within his presentation, Strauss stated that the US economy is expected to expand at a near trend pace through 2018 and employment is expected to moderately grow with the unemployment rate holding at the natural rate. Manufacturing output is expected to grow at a rate below trend in 2016 and into 2017.
More detailed information can be found within his slide presentation from the event, published in the Members Only area.
Strauss is particularly qualified to evaluate trends and forecast economic performance because he organizes the Fed’s Economic Outlook Symposium and Automotive Outlook Symposium each year while analyzing the performance of both the Midwest economy and the manufacturing sector. In addition, he conducts industrial and manufacturing roundtables throughout the year.
DeKalb County Economic Summit
Speaker: Brian Richard, NIU Center for Governmental Studies
DCEDC collaborated with the DeKalb County Board, DeKalb County Community Foundation, DeKalb County Farm Bureau, and NIU Center for Governmental Studies in preparing a vision for countywide economic development. The summit featured a presentation from Brian Richard from the NIU Center for Governmental Studies and provided participants an opportunity to discuss and share feedback about economic development within DeKalb County. Two identical sessions were held on Tuesday, November 17th at the DeKalb County Farm Bureau.
2015 Annual Dinner/State of the County
Keynote Speaker: Gov. Bruce Rauner
DCEDC held its 2015 Annual Dinner/State of the County presentation on Thursday, October 29, 2015 in the Duke Ellington Ballroom located in the NIU Holmes Student Center. Paul Borek, DCEDC Executive Director, gave the 2015 State of the County presentation, highlighting the economic development around DeKalb County.
A special presentation was given by keynote speaker Illinois Gov. Bruce Rauner who complimented the achievements of DeKalb County and the value of its workforce.
For more information, click here.
Business Roundtable and Panel Discussion – Arts, Entertainment, & Tourism
Guest Speakers: Debbie Armstrong, Executive Director, DCCVB; Brad Hoey, Director of Campus Communications, NIU; Alex Nerad, Executive Director, Egyptian Theatre; Heather Priest, Assistant Director of Marketing/Convocation Center, NIU
Northern Illinois University Convocation Center – Wednesday, September 30, 2015
A panel of DeKalb County arts, entertainment, and tourism industry leaders facilitated discussions on the economic impact of DeKalb County culture. Panelists’ presentations conveyed the importance of DeKalb County entertainment centers such as the Egyptian Theatre, Huskie Stadium, and the NIU Convocation Center on local job creation, tax revenues, and hotel/amenities spending. Discussion also included current initiatives underway including hosting the upcoming IHSA Football Championships and expansion of events/programming at the Egyptian Theatre and Convocation Center.
2015 Industrial Focus Reception
Guest Speakers: JD Heinrich, Forge Brewhouse; Rick Mamoser, Prairie State Winery; Andrew Nordman, Cademon Brewing Co. and Jamie Walter, Whiskey Acres Distilling Co.
Faranda’s Banquet Center 302 Grove Street, DeKalb, IL 60115. Click here to see photos and more from the event.
Abundant Resources available to DeKalb County Businesses from two tremendous assets, Northern Illinois University & Kishwaukee College
Guest Speakers: Jennifer Groce, NIU Director of Community Affairs & Dr. Tom Choice, Kishwaukee College President
DeKalb County Farm Bureau 1350 West Prairie Drive, Sycamore, IL 60178. Click Here to read more about resources available to DeKalb County businesses!
Economic Outlook Luncheon 2015
Guest Speaker: William Strauss – Senior Economic Advisor, Federal Reserve Bank of Chicago
DeKalb County Farm Bureau 1350 West Prairie Drive, Sycamore, IL 60178. Click Here to see photos from the Economic Outlook Luncheon 2015.
Annual Dinner/State of the County
Keynote Speaker, Jim Dugan, Executive Support Manager for the office of the Chairman and CEO of Caterpillar Inc.
Faranda’s Banquet Center 302 Grove Street, DeKalb, IL 60115. Click Here to read more about our Annual Dinner/State of the County.
Healthcare Reform Business Roundtable with Panel ft. KishHealth System
Guest Speaker, Kevin Poorten, KishHealth System President & CEO and Joe Dant, KishHealth System Vice President of Business Development
DeKalb County Farm Bureau 1350 West Prairie Drive, Sycamore, IL 60178. Click Here to read more about our Healthcare Reform Business Roundtable.
Say “YES” to Manufacturing! Tour IDEAL INDUSTRIES, INC.
Guest Speaker, Jim James, CEO/Chairman of the Board, IDEAL INDUSTRIES, INC.
DeKalb County Farm Bureau & IDEAL INDUSTRIES, INC. Click Here to see photos from Say “YES” to Manufacturing! Tour IDEAL INDUSTRIES, INC.
Career Development and Business Growth: Enrich your Talent Pool with NIU Interns
Guest Speaker: Dr. Douglas Baker- Northern Illinois University with Analytical Interns; Timi Adeboje, Nestle USA and Tyler Hayes, FONA International
DeKalb County Farm Bureau 1350 West Prairie Drive, Sycamore, IL 60178 Click Here to see photos from Career Development and Business Growth: Enrich your Talent Pool with NIU Interns
For a list of our partner organization events please Click Here.