The Economy

Compaction Equipment Manufacturer Consolidating in Illinois

April 27, 2010

BOMAG Americas to locate domestic manufacturing operations at its Kewanee, Ill., headquarters.

BOMAG Americas Inc., a global manufacturer of compaction equipment, plans to consolidate its domestic manufacturing operations, currently located in Illinois and Missouri, to the companys U.S. headquarters in Kewanee, Ill.

The state of Illinois is providing a $400,000 business investment package, which will leverage $2 million in private investment by the company, according to the Illinois Department of Commerce and Opportunity (DCEO).

The business investment package, administered by DCEO, includes Economic Development for a Growing Economy corporate income tax credits, which are based on job creation, and Employer Training Investment Program job training funds that will help enhance the skills of its work force.

We at BOMAG Americas are excited that the state of Illinois is willing to provide this incentive in such difficult economic times, BOMAG Chief Financial Officer Chris Cyr said. It remains our goal to be a competitive manufacturer on a global basis. This incentive combined with other recent initiatives will help maintain jobs in our backyard.

About the Author

Josh Cable | Former Senior Editor

Former Senior Editor Josh Cable covered innovation issues -- including trends and best practices in R&D, process improvement and product development. He also reported on the best practices of the most successful companies and executives in the world of transportation manufacturing, which encompasses the aerospace, automotive, rail and shipbuilding sectors.

Josh also led the IndustryWeek Manufacturing Hall of Fame, IW’s annual tribute to the most influential executives and thought leaders in U.S. manufacturing history.

Before joining IndustryWeek, Josh was the editor-in-chief of Penton Media’s Government Product News and Government Procurement. He also was an award-winning beat reporter for several small newspapers in Northeast Ohio.

Josh received his BFA in creative writing from Bowling Green University, and continued his professional development through course-work at Ohio University and Cuyahoga Community College.

A lifelong resident of the Buckeye State, Josh currently lives in the Tremont neighborhood of Cleveland. When the weather cooperates, you’ll find him riding his bike to work, exercising his green thumb in the backyard or playing ultimate Frisbee.