November 2020 Newsletter

YOU HAVE QUESTIONS? 
The experts have answers

Please join the GEDC on December 8 for a
2021 Economic Forecast Webinar

SPEAKERS:
Hugo Dante, Jr. - Specialist, Economic Research - Office of the Chief Economist
American Bankers Association

Kristen Saranteas - Head of Treasury Management
First Midwest Bank

The speakers will address interest rates, real estate values, the election impact, and much more. There will be time after the presentation to ask your questions.

A Zoom link will be sent out next week.

CPV Three Rivers Energy Center broke ground on its 1,250-megawatt natural gas plant. The project represents over $1.3 billion in private investment. Construction is being led by Kiewit Power Constructors Co. and commercial operation is expected to begin in 2023. At peak construction, more than 500 union workers will be onsite.

Procter and Gamble held a virtual groundbreaking on November 12. Carolyn Tastad, Group President for P&G North America, thanked the City of Morris and County of Grundy for welcoming them into the community. P&G was founded in 1837 in Cincinnati, Ohio and has over 58,000 employees worldwide. Mayor Kopczick mentioned he was pleased the facility would be owned and run by P&G employees. The project, located on Rt. 47 across from Morris Airport, is anticipated to be online in mid to late 2022 and employ 300 people. 

Dresden Island Lock and Dam

The Illinois Waterway is back open. Major rehabilitation and maintenance projects requiring full closures at four locks and a partial closure at a fifth began in July and ended October 29. 

Grundy County continues to see its COVID-19 numbers increase. Last week the positivity rate was the highest it has been since the pandemic began at 14.8%. As of November 6, the total number of positive cases in Grundy was 1,261 people, with 8 residents who have died due to COVID-19 complications. Two additional deaths were announced this week bringing the total to 10.

For more information visit Grundy County Health Department or the Illinois Department of Public Health.

Congratulations & Thank You
The GEDC would like to welcome the newly elected officials and thank all the elected officials leaving office for their service to Grundy County.
 

Small Business Saturday
November 28 is Small Business Saturday.  This year it is even more important to support our local businesses.  Our local businesses support many fundraisers, sports team and make our neighborhoods great.  

November 26 & 27 - Thanksgiving GEDC Office Closed

December 8 - Economic Forecast Webinar - 11:30 a.m.

December 11 - Executive Meeting

December 17 - Full Board Meeting