Mead Johnson Nutrition, Livingston International Choose Chicago for Headquarters
The companies will bring a combined 275 jobs to Chicago
Chicago Mayor Rahm Emanuel recently announced two companies that will move their headquarters to Chicago, bringing 275 jobs to the city. Headquarters attraction and expansion is a key component of Chicago’s Plan for Economic Growth and Jobs, and 32 companies have chosen to locate their headquarters in Chicago since 2011.
MEAD JOHNSON NUTRITION
Mead Johnson, a global leader in pediatric nutrition, that develops, manufactures, markets and distributes more than 70 products in over 50 countries worldwide, will locate its global headquarters in Chicago, bringing 200 jobs to the city.
“From education to transportation, we are making the right investments to give companies the confidence they need to invest in Chicago’s future and Meade Johnson’s decision to relocate here is the latest example of that,” said Mayor Emanuel. “This is part of our strategy to ensure companies like Meade Johnson know Chicago has the talent they need to drive their growth, which in turn creates critically-needed jobs for residents in all of Chicago’s neighborhoods.”
Mead Johnson chose to locate in Chicago for reasons including the city’s proximity to key agencies and service providers; easy access to attractive, world-class amenities for employees and global visitors; the availability of public transportation options for employees and visitors; simple and direct airport access; and a strong platform for recruiting and hiring top talent.
“This move is about our long-term future. Locating in the center of a vibrant, world-class city and business hub like Chicago is consistent with our vision to be the world’s leading nutrition company for babies and children,” stated Kasper Jakobsen, Mead Johnson’s President and Chief Executive Officer. “Our new downtown location will offer us advantages in terms of access to resources, employee and visitor amenities, and our ability to attract and retain the very best talent. We look forward to making Mead Johnson Nutrition part of the fabric of the Chicago community over time.”
The company’s new global headquarters will be in the River Point Tower under construction on the west bank of the Chicago River at the corner of Lake Street and Canal. The new location offers flexible, high-quality office space with room to grow, and will have a vast array of sustainable features (it has already received LEED – Leadership in Energy & Environmental Design – GOLD pre-certification).
Mead Johnson is part of the S&P 500 and has just over $4.4 billion in global sales. The company’s mission is to nourish the world’s children for the best start in life. The Mead Johnson name has been associated with science-based pediatric nutrition products for over 100 years.
Livingston International, a global logistics company focused on customs brokerage and trade compliance, will locate its new U.S. headquarters in Chicago. By the end of 2015, Livingston expects to add 75 employees to its new Chicago office in the historic Chicago Board of Trade building at 141 W. Jackson Blvd.
“Livingston’s commitment to Chicago as its U.S. headquarters further reinforces the City’s commitment to help Chicago businesses increase their global competitiveness and support local job growth,” said Mayor Emanuel. “Our goal is to make Chicago a national leader in international trade for the job opportunities it creates for residents all throughout our city. So we welcome growing companies such as Livingston, which encourages small and medium-sized businesses to enter the global arena.”
Livingston’s new U.S. headquarters will support the continued growth into the U.S. market, and create employment opportunities across all levels and areas of its business. The company chose Chicago for its highly skilled workforce, access to its transportation networks and the diversity of the city’s economy.
“We’ve tripled our revenue and doubled our employees in the U.S. over the last four years,” said CEO Steve Preston. “We are establishing a significant leadership presence in Chicago and expanding our suburban location to support the continued growth of our U.S. and international business. We selected Chicago because it is an international trade hub and it offers a large talent pool in areas strategic to our future.”
Livingston’s global headquarters is in Toronto and the company has a second U.S. office in Itasca, Ill., which serves as a national processing center for the company’s air/sea customs brokerage operations.
Both Mead Johnson’s and Livingston’s choices to make Chicago their headquarters highlight how Mayor Emanuel’s Plan for Economic Growth and Jobs is accelerating Chicago’s economy. WBC is implementing Plan strategies to drive growth, including making Chicago an advanced manufacturing hub, increasing exports, enhancing attractiveness as a center for business services and headquarters, and becoming a national leader in transportation, distribution and logistics.
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