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Wednesday, 08 September 2010
Navistar confirms that it will move HQ to Lisle
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Navistar representatives, along with roughly a dozen Illinois officials, announced plans this morning to move the engine manufacturing company’s headquarters to Lisle, retaining thousands of jobs in DuPage County.

“I’ve got one thing to say. Illinois is Navistar country,” said Gov Pat Quinn. “We believe in Navistar.”

Navistar President Dan Ustian added that the project would create about 500 engineering jobs right away.

The company said it will invest $110 million in the 1.2 million-square-foot Lisle headquarters, which will include product development.

Navistar’s headquarters are currently in Warrenville, though the company also employs more than 1,000 workers in Fort Wayne, Ind.

The technology center once envisioned for the Lisle campus will move, possibly to the Melrose Park facility as part of a possible $80 million investment. Another $15 million will be invested in a new parts facility.

Combined, Navistar will be investing $205 million in Illinois. The state gave Navistar an investment package of up to nearly $65 million, including tax credits.

Source: Chicago Tribune

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