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Business Park on track for profit, hundreds of jobs

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A collective assessment of Elgin’s new Business Park confirms a committed investment of over $127 million and 400 jobs, with an expected greater return on revenue for land sales.City Manager Thomas Mattis’ report comes in cooperation with the city’s Economic Development Corporation, whose primary goals are to support business growth and job creation, and tentatively confirms what the business and residential lot off U.S. Highway 290 will be bringing to Elgin.The property has been acquired and developed by the EDC over the last five years, the same space where Carr Lane Manufacturing recently opened the doors of its $12 million ...

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