The State of Illinois Lost a huge company this time to Florida
The CEO reportedly said that his employees were asking to leave Illinois, and their wish got granted, as another company moves their headquarters out of Illinois this time to Florida.
According to an article from Illinoispolicy.org, a company called Citadel is moving its headquarters out of Chicago, Illinois, and headed for Miami, Florida. The article notes that this is the 3rd major company to move its headquarters out of Illinois in the past couple of months, the others being Boeing, and Caterpillar, Citadel will still have an office in Chicago and some employees will stay according to the article, but the article goes on to say...
"Citadel CEO Ken Griffin announced to employees June 23 the firm’s headquarters is leaving Chicago for Miami after 30 years. Griffin, Illinois’ wealthiest resident, is picking Florida for its better corporate environment... he didn’t make the business decision on his own: His employees asked to work elsewhere...he also in April said he was bothered by Chicago’s inability to control crime."
To read the entire article click here!
At the heart of this story what is so sad to hear as a lifelong Illinoian is that there were employees asking to leave the state, that is tough to hear but I can't blame them. I have said it before and I will say it again, states like Illinois, New York, and Michigan will always have to work hard to compete against the warm weather and sunshine of Florida, Texas, and California, but you aren't ever going to be able to compete when your weather stinks in the winter AND you have policies that aren't business-friendly with high taxes, AND there is violence overflowing in your biggest city. For Illinois to compete and stop losing companies it will have to make changes, and it better start changing soon.