Fortune 500 Company Eyes Bloomington For Pilot Program

Published 02/24 2014 05:23PM

Updated 02/24 2014 08:10PM

BLOOMINGTON - A "Fortune 500" company could soon be making its way to Bloomington-Normal.

Printing company RR Donnelley is looking to expand, and it's targeting the Twin Cities for a pilot program.

The economic development chamber spent months in negotiations with RR Donnelley, and now is just two council approvals away from starting a tech hub in the STL Technology Center in East Bloomington.

Chamber officials say proximity to the printing company's Chicago headquarters, and a deep tech talent pool, has the program set up to thrive in the Twin Cities.

"Our hope is that with the success of getting them to market faster and the attraction of high quality, high caliber talent, that this program can grow and expand beyond a pilot phase to be a larger scale, permanent employer for Bloomington-Normal,” said John Grabo, CEO for the Bloomington-Normal Economic Development Council.

If Normal and Bloomington councils approve a request by the chamber to each give $75,000 to the pilot program, it could pave the way for 50 jobs.

Grabo says once the project passes, RR Donnelley could start the hiring process within the next two months. Each of those jobs would pay about $50,000 annually.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.