Key industries such as manufacturing, healthcare, logistices, and retail fule Elgin, Illinois thriving and diverse economic landscape. From innovative manufacturing in automotive, medical, and technologies to a flourishing healthcare sector and strategic logistics hub, Elgin offers opportunities for growth and employment. A commitment to education sustains a skilled workforce, reinforcing key industries and driving continuous economic prosperity.
Manufacturing | Healthcare | Education | Wholesale Trade | Retail Trade
Manufacturing
The manufacturing industry is a major key industry to the Elgin economy, generating over $2 billion in economic activity annually and employing over 10,000 people.
Elgin has a long history as a manufacturing center. The city is home to a number of large manufacturing companies, such as Flender, Harting International, Motorola Solutions, and Wanxiang America Corporation. Elgin also has a number of small to medium-sized manufacturing companies.
Wanxiang Group
Faber-Castell
Flender
Middleby Corporation
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JOHN B. SANFILIPPO & SON
NTN Bearing
Motorola
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Healthcare
Elgin's healthcare industry is a cornerstone of the city's economy, providing high-quality care to residents and contributing significantly to the region's healthcare landscape. Here are some impressive facts that showcase Elgin's healthcare prowess:
Scale and Impact:
Over 14,000 healthcare jobs: This robust job market positions Elgin as a major employer in the healthcare sector, providing diverse career opportunities and attracting skilled professionals.
$2.4 billion annual economic impact: The healthcare industry generates billions of dollars for Elgin's economy, contributing to its overall prosperity and creating a ripple effect that benefits businesses and residents alike.
200+ healthcare facilities: Elgin boasts a diverse range of healthcare facilities, including hospitals, medical clinics, nursing homes, and rehabilitation centers, offering a comprehensive spectrum of care to the community.
Education
Elgin's dynamic education sector isn't just shaping young minds; it's shaping the city's future. With over 5,400 people employed in this vital industry, it's a key driver of our economy, fostering employment, attracting talent, and preparing a skilled workforce for tomorrow.
Fueling Growth:
Job Engine:Â From teachers and professors to administrators and support staff, education generates substantial employment opportunities, benefiting Elgin families and businesses.
Talent Magnet:Â Strong schools and diverse educational options make Elgin a magnet for families and businesses seeking a vibrant, well-educated community.
Workforce Pipeline:Â Elgin's educational institutions equip students with the knowledge and skills needed for success in various industries, ensuring a ready pool of talent for employers.
Wholesale Trade
Market Reach and Scale:
$22 billion in annual wholesale trade:Â This significant figure demonstrates the immense size and impact of Elgin's wholesale trade industry on the local economy.
Diverse range of goods: Elgin wholesalers cater to a wide variety of industries, including food and beverage, electronics, apparel, and automotive parts, providing businesses with access to a diverse supply chain.
Strategic location: Situated near major transportation hubs like O'Hare International Airport and Interstate 90, Elgin provides wholesalers with efficient access to local and national markets.
Unlock the Secret of Successful Elgin Business
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Retail Trade
Retail trade is a key industry in Elgin, Illinois, generating over $5 billion in economic activity annually and employing over 10,000 people. The industry is responsible for the sale of goods and services to consumers. Elgin is a major retail center, with a variety of stores and shopping centers to choose from. The city is home to both national and local retailers, offering a wide range of products.
The Future of the Retail Trade Industry
The retail trade industry is constantly evolving, as new technologies and practices are developed. The industry is moving towards a more omnichannel experience, where consumers can shop online and in stores seamlessly. The industry is also developing new technologies to improve customer service and inventory management. Elgin is well-positioned to meet the challenges of the future and continue to play a vital role in the retail trade industry
Explore the backbone of our community!
Dive into our top employers' page and uncover the heartbeat of our thriving workforce.