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Over the past couple of years, Chicago has seen major
corporations pack up and move from the Windy City to other
states. Some cited crime, while others have blamed the state's
high taxes for their decision.
During a speech to nominees for the Chicago Innovation Awards,
Pritzker said Chicago is still a great place to do business.
"It's been a goal of mine to make sure that people all across
the nation, indeed all across the world, think of Chicago and
Illinois as a place they want to come when they're creating,
building, and making successful their companies," Pritzker said.
Over the past couple of years, Chicago has seen major
corporations pack up and move from the Windy City to other
states. Some cited crime, while others have blamed the state's
strict regulations for their decision.
"When businesses are not able to open because of regulations, it
hurts the businesses chances of being successful," state Rep.
LaShawn Ford, D-Chicago, told The Center Square. "That's the
danger."
Johnson described the business climate in Chicago as "thriving";
however, Ford said the city is still struggling to get the
proper licenses out to prospected business owners.
"I think in Chicago, the greatest support that the city can do
is expediting permits and cutting the red tape so businesses can
start up," Ford said. "It takes too long for business to get
permits to do construction and it takes too long for businesses
to get their inspections to open."
Over the past year, Boeing, McDonald's, Citadel and others have
reduced their corporate footprints in Illinois.
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