MESSAGE FROM THE CHAIRMAN

Wayne Smith,VP/General ManagerHollywood Casino Joliet2014 CED Chairman

Dear CED Investor:

I have been honored to serve as Chairman of the Board for the Will County Center for Economic Development (CED) during 2014. We have had another successful year and the results of our work are shared in this report. I especially want to thank all of our investors for providing the support we need to continue our success as the only economic develop-ment organization serving all of Will County.

Since 1981 the CED has been the “go to” organization in Will County when it comes to economic development services, business and government associations and promoting our County as a global business center. Simply put, the CED gets it done. Projects like the I-355 Extension, Weber and Houbolt Rd. interchanges, redevelopment of the Joliet Arsenal, planning for the Illiana Expressway and South Suburban Airport are a result of the CED’s leadership and actions.

This past year we continued to see improvement in the Will County Economy:

• The unemployment rate has dropped 3.5% over the past year to 5.8%, a low not seen since 2008.

• Over 8,200 new jobs have been created in our county – an increase of over 30% from the year before.

• As expected, industrial development continued to accelerate:

• The CED worked with over 80 new business prospects. • There were 54 new industrial/logistics locations in the county,

which will result in the creation of over 4,600 new jobs.• Occupancy is over 12.7 million square feet of industrial space

with a total investment of almost $640 million.

Moving forward, the CED will continue to focus on better paying jobs in key industry sectors such as health care, energy, food processing, manufacturing and logistics. Along with agribusiness, these sectors will continue to benefit from Will County being the Largest Inland Port in North America. In partnership with our education institutions and our workforce services organizations, we will continue to assist in preparing our labor force for the jobs of tomorrow. Thanks to the hard work of CED staff and dedication of CED Investors, we will continue to build a better future with better jobs for Will County.

Thank you for your continued support. Wayne Smith

2 0 14 N E W I N D U ST R I A L D E V E LO P M E N TS

CED Assisted Projects 11New Jobs

1,622Total Sq. Ft

4,697,595Investment

$301,300,000

Highlights

Michelin Tire Distribution Center 1.8 million sq. ft. Wilmington

Aryzta Foods Commercial Bakery 360,000 sq. ft. Romeoville

Joliet Cold Storage 250,000 sq. ft. Joliet

Richards Building Supply 22,000 sq. ft. Homer Glen

Will County Projects 54 Highlights

New Jobs

4,637Total Sq. Ft

12,789,610Investment

$639,782,000

West Liberty Foods 899,000 sq. ft. Bolingbrook

Neovia 406,000 sq. ft. Joliet

Walgreens 258,560 sq. ft. Bolingbrook

Ferrara Candy Co. 747,152 sq. ft. Bolingbrook

New Speculative Industrial Construction

Number of Facilities

21Total Sq. Ft

6,132,000Investment

$276,000,000

E CO N O M I C D E V E LO P M E N T S CO R E C A R D

1982 1984 1986 1988 1990 1992 1994 1998 2000 2002 2004 2006

UnemploymentIllinois - 11%

Joliet - 26.2%

CED Created

1st Will County Marketing Campaign

Houbolt/Empress Rd. - I-80 Interchange

3rd AirportCoalition

Weber Rd. Interchange

1996

SAFE (I-355 Extension)

Joliet Arsenal Development Authority

South Suburban Airport Study

Redevelopment Plan, Joliet Arsenal

Emphasison County

Infrastructure

Logistics Park Chicago, Elwood

Intermodal

1st Target Industry & Workforce

Analysis Study Strategic Foci: Transportation &

Inland Port

Transportation Logistics

Council Created

1981 Business Community

unites to form:Greater Joliet, Inc.

Corporate Headquarters

2 0 14 H I G H L I G H TSC E D I N A C T I O N

LEVERAGING ASSETSWill County’s Global ImpactWill County is the Largest Inland Port in North America. Today our intermodal centers handle over 3 million TEU containers annually. This provides benefits to businesses seeking reliable connections to global markets, reduced transportation costs and supply chain diversification. New locations in 2014 by Neovia Logistics and Michelin Tire continue to validate our logistical advantages for global companies. Today the intermodal centers in Will County support 6,500 jobs. With continued expansion of intermodal and multi-modal projects, that job number will easily grow to over 30,000. This number doesn’t include the thousands of jobs created in construction and trucking.

A Road to Success: The Illiana ExpresswayOn September 26, 2014 the Federal Highway Administration (FHWA), the Illinois Department of Transportation (IDOT) and the Indiana Department of Transportation (INDOT) published the Illiana Corridor Tier Two Final Environmental Impact Statement (EIS). The Tier Two EIS recommends a new fifty-mile toll road be built that will connect I-55 near Wilmington, Illinois with I-65 near Lowell, Indiana providing a much needed by-pass for freight traffic around Chicago. The project will create over 11,000 construction jobs and 28,000 permanent jobs and will result in a $2.4 billion eco-nomic impact. The entire Illinois portion of the Expressway passes through Will County. Construction could begin as early as fall 2015 with a three-year build-out.

South Suburban AirportIn 2014 The Illinois Department of Transportation acquired Bult Field, a general aviation airport and a key component of the state’s overall plan to develop the South Suburban Airport (SSA). The property is within the development footprint for the inaugural phase of the SSA. By acquiring Bult Field, the State of Illinois is now operating an airport in Will County for both general aviation and new business services. The State now owns over 3,900 acres of the 5,800 acres needed for the inaugural airport and continues to work with the Federal Avia-tion Administration (FAA) on the final airport plan.

Will County Freight Advisory CouncilThe formation of the Will County Freight Advisory Council (WCFAC) was announced at the 2014 Global Logistics Summit. The membership of the WCFAC will be composed of represen-tatives from the logistics and transportation industries, government, labor and education. The purpose of the Council:

• Promote the interests of Will County in national and regional freight planning activities.

• Provide a forum for discussion of issues facing the freight industry in Will County.

• Communicate Will County priorities between the private and public sectors regarding freight movement and industry needs.

• Develop a Will County Freight Plan.• Provide advice and recommendations on public policies and

infrastructure investments affecting freight movement in Will County and the region.

Regional Economic Development InitiativesIn 2014 the CED partnered with the seven northeastern Illinois counties in three regional economic development initiatives:

• Chicago Metro Metals Consortium (CMMC)Through a U.S. Department of Commerce designation, Will County will receive special preference for federal fund-ing for economic development and transportation projects.

• Metro-Chicago Exports Program (MCE) The MCE is an unprecedented regional collaboration that will help small and medium size Will County businesses capture export opportunities through expert advice and financial support.

• Truck Routing Advisory Council (TRAC) TRAC is a regional initiative engaging local government jurisdictions to improve freight movement through the Chicago area through collaborative solutions.

2008 2010 2012 2014

I-355 Extension Opens

1st Will County Transportation Blueprint Published

SSA Business- Labor Coalition

Dream It. Do It. Workforce Campaign

Collins St. Prison Study

Completed

2nd Target Industry Study

Completed

Will County Cares Study Completed

Expressway Coalition

Formed

Inland Port Impact Study

Released

Will County Cares Youth Study Completed

SSA P3 Legislation

Advanced Manufacturing - Food Processing - Energy

Blueprint & Industry Survey

Life Sciences Economic Impact Study

Regional Export Initiative

EDA IMCP Metal

Consortium

Illiana TierTwo Final EIS

Published

Higher Education Blueprint

SSA-Bult Field Acquired.. IDOT Running as General Aviation Airport

Higher Education Workforce Training Portal

ACT Work Ready Community Will County, IL

Will County Freight Advisory Council

The Will County CED is WORKING FOR YOUCED delivers programs and services to keep and attract business and industry to Will County. We offer:

• Up to date information on available commercial and industrial sites and buildings

• Comprehensive data on population, labor force and other demographics

• Economic development advisory and support services

• Direct access to public and private sector leaders for new and expanding businesses

• Access to information on new develop-ment projects to our CED Investors

• The opportunity to participate in the development of Will County

How can you get the most out of your CED investment? Easy. Get involved…

2014 Programs & EventsEconomic Development ReportThe 2014 report was all about housing. Metrostudy speaker, Chris Huecksteadt, showed through statistical data that Will County is still number one in new housing construction.

Economic Eye OpenerWill County CED hosts an annual breakfast where the CED provides an update on new development projects, key infrastructure investments, and federal, state and regional initiatives.

Global Logistics Summit2014 was the 8th year for this opportunity to participate in the discussion of logistics and distribution services for the efficient flow of goods and services through Will County, the region, nationally and globally.

Annual Report to InvestorsA chance to review CED accomplishments and the growth in our communities and the region.

The Role of Elected and Appointed Officials in Economic DevelopmentThis workshop provides insight into economic development at a municipal level using guidelines from the National League of Cities and the International Economic Development Council.

Opportunities to Connect:

Board of Directors- Executive Committee- Finance Committee- Governance Committee

Government Affairs Committee(Washington DC & Springfield connections)

Target Industry Councils

- Advanced Manufacturing Food Processing – Energy

- Life Sciences

- Global Transportation

- Higher Education

Business-Labor Coalition(Major projects connections) Diplomats Committee(CED Investor connections)

Will Economic Network (WEN) (Municipal connections)

I N V E STO R I N VO LV E M E N T

2014 EXECUTIVE COMMITTEE

2014 BOARD OF DIRECTORS

CED TARGET INDUSTRY COUNCILSWayne SmithHollywood Casino Joliet

Chairman of the Board

Scott PaddockChicagoland Speedway

Vice Chairman

Robert F. FilottoFilotto Professional Services

Secretary / TreasurerChair – Finance Committee

Thomas OsterbergerKavanagh, Grumley, & Gorbold

General Counsel

Herbert BrooksWill County Board

Timothy DaughertyPresence St. Joseph Medical Center

Edward DollingerEdward Jones Investments

Br. James Gaffney, FSCLewis University

Thomas GiarranteCity of Joliet

John E. GreulingWill County Center for Economic Development

Paul PawlakSilver Cross Hospital

Michael F. RittofThe PrivateBank

James M. RoolfFirst Midwest Bank

Amber RussellExxon Mobil Joliet Refinery

Rodney TonelliRuettiger Tonelli & Assoc. Lawrence M. WalshCounty of Will

Patrick BrosnanLegat Architects

Stephen CollinsWight & Co.

James CristmanCITGO Petroleum

Debra DanielsJoliet Junior College

Chair – Higher Education Council

Joe DelRealNicor Gas

Patricia FeraWorkforce Investment Boardof Will County

Charles GallagherGallagher Asphalt Corp.

Eric GilbertCenterPoint Properties

Elizabeth GonzalezPace Suburban Transit

Adrian GuerreroUnion Pacific

Michael W. HansenMichael W. Hansen P.C.

Michael D. HennessyUnited Way of Will County

Rev. Craig HerrFirst Pres. Church of Joliet

Jeffrey HettrickComEd

Chair – Advanced Mfg./Food Processing/Energy Council

Jim HockCity of Joliet

Arvid C. JohnsonUniversity of St. Francis

Mark KanavosExelon / Braidwood Station

Dr. Theodore KanellakesRetired Medical Doctor

Chair – Life Sciences Council

Paul Kearns RR Donnelley

Amy KingRasmussen College

Robert G. KleinAward Emblem Mfg. Co. Inc.

Gregory G. KuhnDow Chemical Company

Rick KwasneskiJoliet Arsenal Development Authority

Rick MaceAdventist Bolingbrook Hosp.

Elaine MaimonGovernors State University

Daniel MalinowskiWillett Hofmann & Assoc.

David L. McClintockThree Rivers Assoc. of Realtors

Neil McManusBMO Harris Bank

Brian MezeiCaterpillar

Sue MooreMoore Glass, Inc.

Chair - City Center Partnership

Don MoranWill Grundy Trade Workers

Michael MorleyWaste Management

Dr. Stefan Nemeth Meridian Medical Associates

John NoakWill County Governmental League

Scott PerryNRG Energy

Tom PerrySchneider Logistics

Eric PitcherBNSF Railway Company

John QuinnAT&T Illinois

Steven J. RandichFirst Community Financial Bank

Mike RoginaRogina Engineers & Surveyors

Chair - Diplomats Committee

Adam Roth NAI Hiffman

Mark SchneidewindWill County Farm Bureau

Gerald SullivanPaine Wetzel Associates, Inc.

Jeff ThompsonNorthern Insurance Service

Chair – Joliet Region Chamber of Commerce & Industry

Darren Van DoverHarrah’s Joliet Hotel & Casino

Bob WallShaw Media

Shawn WalshRegional Office of Education

Thomas WhiteThree Rivers Construction Alliance

The CED believes the path to better jobs starts with retaining and recruiting businesses in the key growth industry sectors for Will County: Advanced Manufacturing, Food Processing, Energy, Global Transporta-tion, Life Sciences and Higher Education. CED Investors are invited to participate in one or more of the four Target Industry Councils.

Here is a recap of what each achieved in 2014:

Global Transportation Council

• Planned and hosted the 8th Annual Global Logistics Summit – Sept 2014.

• Updated the Will County Transportation Blueprint.

• Co-sponsored the NAFTA NEXT Conference celebrating the 20th anniversary of NAFTA.

• Proposed the creation of the Will County Freight Advisory Council.

• Supported public policies that enhance freight movement in Will County.

Advanced Manufacturing - Food Processing – Energy Council

• Updated the Will County Manufacturing Blueprint.

• Launched the Target Industry Business Survey Project, interviewing Will County companies in the manufacturing industry sector.

• Focus on marketing Will County as a business friendly hub for manufacturing, and demonstrate how important the manufacturing sector is to our economy.

• Assisted in Will County receiving the U.S. Economic Development Administration Investing in Manufacturing Communities Partnership (IMCP) designation. Will County receives special consideration for federal grants assisting the metals manufacturing cluster.

• Participating in the Chicago Regional Export Initiative to encourage more manufacturing exports by small and medium sized Will County manufacturers.

Life Science Target Industry Council

• Published the Will County Life Sciences Cluster Economic Impact Study in partnership with the Will County Workforce Investment Board. The study showed a $4.5 billion annual impact to the county.

• Began development of the Will County Life Sciences Industry Blueprint.

• Development of an inventory of healthcare services within Will County.

• Promoting healthcare as a community asset to business and industry.

Higher Education Council

• Completed the Will County Higher Education Blueprint.

• Completed an inventory of degrees, certificates and curriculum of twelve higher education institutions serving the Will County/South Suburban Region. The inventory will be shared with employers and employees through the Will County Higher Education Portal.

• Assisted the Advanced Manufacturing Council with the Target Industry Business Survey Project.

• Began planning for a Higher Education Business Summit to be held in 2015.

THANK YOU TO OUR INVESTORS

116 N. Chicago Street, Suite 101 • Joliet, IL 60432tel: 815/723-1800 fax: 815/723-6972www.willcountyced.com

The Will County Center for Economic Development is a 501 (c)(6) private not-for-profit development corporation serving all of Will County, Illinois

2014 Report to Investors created by the Gammon Group

Abri Credit Union • Acres Truck Parking • Adler Roofing and Sheet Metal, Inc. • Adventist Bolingbrook Hospital

Aires Consulting Group, Inc. • Allied Waste/Republic Services of Joliet • AT&T Illinois • Autobahn Country Club

Award Emblem Manufacturing Co. • Village of Beecher • Berman Capital Management & Research

Big Brothers Big Sisters of Will & Grundy Counties • Bill Jacobs Enterprises • Binder Realty Consultants, Inc. • The Birches

BMO Harris Bank • BNSF Railway Company • City of Braidwood • Caterpillar, Inc. • Caton Commercial Real Estate Group

CCS International • CEMCON, Ltd. • CenterPoint Properties • Central Grocers, Inc. • Village of Channahon

Chicagoland Speedway & Route 66 Raceway • CITGO Petroleum/PDV Midwest Refining • Clarion Hotel Banquet & Convention Center

CliftonLarsonAllen LLP • Village of Coal City • Coldwell Banker Honig-Bell • ComEd – An Exelon Company • Cornerstone Services, Inc.

City of Crest Hill • Village of Crete • Crown Lift Trucks • D Construction, Inc. • D’Arcy Motors • Damco Distribution Services, Inc.

Davis Machine Company, Inc. • Village of Diamond • Digity Media • Catholic Education Foundation

Diversified CPC International • DLZ Industrial LLC • Dollar Tree Distribution • Dow Chemical Company • Duke Realty

Edward Hospital and Health Services • Edward Jones Investments • Enbridge Energy Partners • Exelon Corp

ExxonMobil Joliet Refinery • Farnsworth Group • FCL Builders • Filotto Professional Services • First Community Bank

First Midwest Bank • First Presbyterian Church • Village of Frankfort • G&W Electric Company

Gallagher Asphalt, Inc. • Gammon Group • Gantzert Investment Company • Goodwin & Associates Real Estate LLC

Governors State University • Greater Joliet Area YMCA • Michael W. Hansen, P.C. • Hanson Professional Services Inc.

Harrah’s Joliet Casino & Hotel • Heartland Bank and Trust • The Herald-News/Shaw Media • Hollywood Casino Joliet

Hometown National Bank • The Horton Group • H.R. Green Company • inBlue Technologies, Inc.

Industrial Developments International • Interstate Warehousing Inc. • J.S. Alberico Construction Co., Inc. • Jacob Henry Mansion Estate

James V. Smith & Associates • JLL • City of Joliet • Joliet Area Community Hospice • Joliet Area Historical Museum

Joliet Catholic Academy • Joliet Junior College • Joliet Park District • Joliet Slammers • Joliet Region Chamber of Commerce & Industry

Joliet Times Weekly • Joliet Township High School District 204 • Kavanagh Grumley & Gorbold LLC • Kelly Services

KPRG and Associates, Inc. • L. DeGeus & Associates, Inc. • LaFarge North America • The Lane Construction Corporation

Ledcor Construction, Inc. • Legat Architects • Village of Lemont • Lewis University • Liberty Property Trust • City of Lockport

The Lombard Company • Village of Manhattan • Manpower Inc. • Markelz Office Furniture • Marquette Properties • McColly Bennett

Meridian Medical Associates • Midland States Bank • Mining International LLC • Village of Minooka

Village of Mokena • Village Monee • Mortenson Construction • NAI Hiffman • Village of New Lenox • Newmark Grubb Knight Frank

Nicor Gas • Northern Builders, Inc. • NRG Energy • NuMark Credit Union • Olivieri Brothers Architects • Village of Orland Park

Ozinga Bros. Inc. • Pace Suburban Transit • Paine/Wetzel Associates • Panduit Corp. • Village of Park Forest • Partners Logistics

Village of Peotone • Pewag Inc. • Pivotal Staffing • Pizzo & Associates • Village of Plainfield • Plumbing & Mechanical Contractors

Prairie Material • Prairie State College • PrideStaff • Priority Staffing • The PrivateBank • Presence St. Joseph Medical Center

Rasmussen College • Richards Music & Electronics • Ridge Property Trust II/Ridgeport • Robert E. Hamilton Consulting Engineers

Robinson Engineering, Ltd. • Rogina Engineers & Surveyors • Village of Romeoville • Route 66 Food-N-Fuel • RR Donnelley Logistics

Ruettiger, Tonelli & Associates • Ryan Companies • Schneider Logistics • The Scoular Company • Securitas USA • Shive-Hattery Inc.

Village of Shorewood • Signs by Tomorrow • Silver Cross Hospital • SomerCor 504 • Starwood Retail Partners • Stepan Company

Strand Associates, Inc. • Testing Service Corporation • Three Rivers Association of Realtors

Three Rivers Construction Alliance: Will & Grundy Building Trades Council • Contractors Assoc. of Will & Grundy Counties

Timm Electric, Inc. • Village of Tinley Park • Troy Township • Turk Furniture • Union Pacific Railroad • United Way of Will County

University of St. Francis • UPS • Vulcan Materials • Waste Management • Wight and Company • County of Will

Will County Lodging Association • Will-Grundy Center for Independent Living • Willett, Hofmann & Associates, Inc.

City of Wilmington • Workforce Investment Board of Will County • Workforce Services Division of Will County