FOR IMMEDIATE RELEASE
12/21/2009
Robert Reed 12-814-3158
Ashley Cross 312-814-3158
Marcelyn Love, DCEO 217-558-1542

 Governor Quinn Announces Investment Package To Save 3,000 UPS Jobs in Illinois

Company will Modernize Facilities in Hodgkins and Rockford

HODGKINS � December 21, 2009. Governor Pat Quinn today announced his Administration is assisting UPS with a business investment package that will result in at least 3,000 Illinois jobs being saved. The State is providing a $24 million business investment package to UPS, which will help to leverage $91 million in private investment that will be used to improve and modernize two important Illinois-based UPS facilities.

�UPS is a major employer in our state, providing good jobs and benefits to its hard-working employees. It�s important the State works with such a fine company to protect jobs, while helping to build a foundation for future growth and greater employment,� said Governor Quinn. �By making targeted investments, we are strengthening our workforce, building our economy and creating an environment where business can thrive.�

Without the State�s business investment package, UPS would have seriously considered moving ahead with a cost-savings plan that included facility restructurings and operational consolidation which could have resulted in significant job loss in Illinois. UPS currently has 35 locations throughout Illinois.
 
�UPS is pleased and appreciative of the State�s actions to help maintain the scope of our current operations in Hodgkins and Rockford,� said George Brooks, President of UPS North Central Region. �Our long-term objective is to maintain and grow our business in the State of Illinois.�

The Department of Commerce and Economic Opportunity (DCEO) will be administering the business investment package, which will be in the form of Economic Development for a Growing Economy tax credits over a 10-year period and employer training funds.

 ï¿½To get our economy back on track, we must invest in companies that are investing in the people of Illinois,� said DCEO Director Warren Ribley. �Our investment in UPS will help keep thousands of jobs and create greater economic growth throughout the northern Illinois region.�

The Governor was joined at UPS� Hodgkins location today by George Brooks, President of UPS� North Central Region, Director Ribley and Sen. Louis Viverito (D-Burbank).