The Southland’s booming warehouse construction market shows no signs of slowing as developers continue putting up big boxes to meet demand, an economic leader told a group of investors Friday.
Doug Pryor, president and CEO of the Will County Center for Economic Development, addresses a group Friday at the Clarion Hotel in Joliet.
To put the 97% industrial occupancy rate figure in perspective, the county’s rate has averaged just 91% over the past decade, Pryor said. Workers are making items in factories throughout Will County, with manufacturing accounting for 17.5% of the region’s total economic output, Pryor said. Lion Electric has begun rolling electric school buses off an assembly lineU.S. Rep. Bill Foster, D-Naperville, addresses the attendees Friday at a Will County Center for Economic Development forum at the Clarion Hotel in Joliet.
Two factors seemed to matter most when convincing Lion Electric to locate in the southwest suburbs, Foster said.
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