While it's impossible to pinpoint the timing of an economic pullback or recession, it is possible to take steps to help protect your business during such an event, as well as create ongoing resilience and prepare for the upswing!
Originally written by Calumet Area Industrial Commission.
In January of 2017, Calumet Area Industrial Commission (CAIC) accepted the call to action from IMEC and the Illinois Department of Labor to administer America's Promise Grant (APG) to underemployed and low-income individuals, plus recent high school grads. Since then, APG has helped further CAIC’s mission in leading industrial expansion and retention in Chicagoland and Northwestern Indiana.
As the country celebrates MFG Day 2019, and Illinois celebrates Manufacturing Month, it would be remiss of us to ignore this opportunity to acknowledge the impact of IMEC and the MEP National Network on our state and the country as a whole. Being a part of the Network, IMEC has access to a plethora of local and national resources designed to strengthen an organization’s competitiveness and position them on a path to excellence. As a result of leveraging partnerships and our team’s expertise, IMEC has been able to make a significant impact on clients and the economy as a whole. In 2018 alone, we assisted 763 Illinois companies, created 6,793 jobs, and contributed aggregate impact to the state’s economy was $620,444,392.