Agreements Continue Illinois' Global Leadership;
Support Governor's aggressive goal of doubling exports by 2014

BEIJING, CHINA - September 19, 2011. Governor Pat Quinn visited Beijing today during his business and economic trade mission in China, where he announced two business agreements that further strengthen the relationship between Illinois and China. The agreements involving Illinois-based ADM and Xinjiang Goldwind Science and Technology Co., LTD (Goldwind) move the state another step closer to reaching Governor Quinn's aggressive goal of doubling Illinois exports by 2014.

"Illinois is a top competitor in the global economy, and our aggressive plans to double exports and develop innovative new partnerships in emerging technology fields are continuing to advance our growth on the international stage," Governor Quinn said. "Our state has the resources, human capital, and innovative drive to expand our global reach. These agreements represent Illinois' ongoing commitment to continue to compete and grow  in the global marketplace."

During his visit to Beijing today, Governor Quinn announced that Goldwind, one of the largest wind turbine manufacturers in the world, will build a $200 million wind farm in Lee County, Illinois. The company will break ground on the Shady Oaks project later this fall. Once online, the project will provide 109.5 megawatts (MW) of power, and create more than 100 construction and a dozen permanent maintenance jobs in Illinois. According to the American Wind Energy Association, one megawatt of wind energy can provide enough electricity to meet the needs of 225-300 households. Therefore, 109.5 MW can provide the electricity needs of approximately 25,000 homes.

"As the largest and most competitive market in the world, the United States is a key component of Goldwind's international growth. Thanks to visionary leaders like Governor Quinn, Goldwind and other renewable energy companies are able to generate an undeniable economic impact in the U.S. wind industry through job creation and supplier agreements," said Goldwind Chairman and CEO Wu Gang. "Goldwind has generated a competitive global footprint and we are focused on continuing that momentum, continuing to demonstrate our technology advantages and continuing to build-out our global supply chain."

Goldwind USA Inc. is the U.S. subsidiary of Xinjiang Goldwind Science & Technology Co, LTD, based in Urumqi, Xinjiang, China. Goldwind USA established its headquarters in Chicago in 2010 to oversee operations in North and South America.

Governor Quinn also announced that Archer Daniels Midland Company (ADM), a worldwide food production company based in Decatur, Illinois, has entered into a $100 million sales agreement with Jiusan Oils and Seeds. Under the agreement, ADM will supply Jiusan Oils and Seeds, a manufacturer of soy products based in Harbin, Helongjiang, China, with 180,000 metric tons of soybeans by December 2012.

"This agreement connects Illinois soybean farmers with Chinese consumers and reinforces the growing ties between the State of Illinois and China," said David Ragan, product line manager, ADM. "In addition to helping to meet soybean demand and keep costs consistent for Chinese consumers, this partnership also underscores ADM's advancing interests in China and our commitment to serving China's priorities in food security, food safety and food sustainability."

China is the world's largest market for Illinois soybeans, importing more than 104 million bushels of U.S. soybeans in the 2009/2010 marketing year valued at more than $160 million. Illinois is among the top five states in agricultural exports to China. Illinois agriculture exports to China have increased each year since 2007, from $149 million to $424 million in 2010.

China is Illinois' third largest export destination. Illinois' overall exports to China reached $3.18 billion in 2010, up from $2.47 billion in 2009. Nearly 30 Chinese companies have invested in Illinois, employing thousands of Illinois residents.

or follow him on Twitter at @GovernorQuinn. More information about Illinois trade and business opportunities can be found on the Illinois Department of Commerce and Economic Opportunity's website at

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Blockbuster Productions Like Superman 'Man of Steel' Put Illinois on Pace for Another Record Year

CHICAGO - September 13, 2011. Governor Pat Quinn today visited the production set of the new Superman movie Man of Steel to highlight the impact the film industry is having on the Illinois economy. Illinois' film industry saw a record $161 million in spending in 2010, a 54 percent increase from 2009, and resulted in more than 8,000 job hires. Approximately 550 people in Illinois are being hired for Man of Steel alone.

"With major movie productions like Man of Steel coming to Illinois, the film industry is continuing to strengthen our state's economy and create thousands of jobs," Governor Quinn said. "This film is a great example of how the impact of film and television productions is far-reaching in the Illinois economy, benefiting everyone from local restaurants to the carpenters, truck drivers, caterers and custodial staff who make them possible."

With the filming of Man of Steel, several major television shows and many commercial productions that have already filmed in the state this year, 2011 is promising to be another banner year for the Illinois film industry.

Man of Steel began production in late July in and around Plano, where the city was transformed into Clark Kent's hometown of Smallville. Production moved to Chicago on Sept. 7, where the movie is currently filming. The film stars Henry Cavill as Superman/Clark Kent, Amy Adams as Lois Lane, Kevin Costner and Diane Lane as Clark's parents, Laurence Fishburne as Daily Planet Editor Perry White and Russell Crowe as Jor-El, Clark's biological father. Chicagoan Michael Shannon stars as General Zod.

"Illinois continues to make important investments in the film industry as a way to create jobs and cultivate a more sustainable industry, which will help Illinois maintain its competitive edge against other leading production centers," DCEO Director Warren Ribley said. "The state sees an immediate return on investment when productions like Man of Steel film in Illinois, not only by increasing economic activity and adding jobs, but also by showcasing Illinois' great locations and skilled workforce."

"Last year was a record-breaking year for the Illinois film industry and with major productions like Man of Steel filming in Illinois, this is sure to be another successful year," Betsy Steinberg, Managing Director of the Illinois Film Office said. "We're seeing more and more films, TV series and commercials choosing to shoot in Illinois, which is giving our economy a boost and creating jobs."

Illinois' film industry saw a record $161 million in spending in 2010, which topped the $155 million in spending in 2007 and represents a 54 percent increase from 2009.

Earlier this year, Governor Quinn helped dedicate a new soundstage development, Cinespace Chicago Film Studios, which will make Illinois an even more attractive filming destination. The new studio, when fully built out, will include 1.2 million square feet of space and is located on 48.2 acres at the site of the old Ryerson Steel property on the near southwest side of Chicago between Ogden and Western Avenues.

 

With many unique locations, talented crews, and ample sound stages, the Illinois Film Office (IFO) actively pursues film projects by promoting Illinois as an ideal location to film. In addition, the IFO administers the Illinois' Film Tax Credit, which has been instrumental in spurring growth of Illinois' film industry. Illinois offers a 30 percent tax credit to filmmakers for money spent on Illinois goods and services, including wages paid to Illinois residents. Since its inception, the Film Tax Credit has helped bring over half a billion dollars in revenue to the state and over 10,000 full time equivalent jobs.

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(Davenport-Rock Island-Moline, IA) For many experienced businesspeople, a franchise opportunity can offer a fresh start in the business world and a new challenge. Especially during the recession, when talented executives and managers were losing their jobs at unfathomable rates, franchising remained a strong business structure, as it attracted these individuals.

"They called it rightsizing - they had all sorts of euphemisms for it," franchisee Reynolds Corea, a 50-year-old father of two college students, told the Indianapolis Star. "But it was a layoff."

Fortunately, Corea and many other "corporate refugees," as the source calls them, found a second opportunity in the strong franchising sector. In fact, franchising as an industry is preparing to grow at a rate of 2.5 percent in 2011, according to the International Franchise Association's 2011 Franchise Business Economic Outlook. Furthermore, franchising is expected to add 2.4 million jobs in 2011, helping to propel its economic output from $706.6 billion in 2010 to $739.9 billion.

Why has this model become so popular, especially in a time of economic turmoil? Because it reduces the risk for businesspeople. In an independent business, individuals can sink their retirement funds and home mortgages in a venture without a marketing strategy, proven product or developed audience.

Franchising, however, provides all three of these aspects and also offers franchisees a support system, including experts and training programs,that they can lean on in times of trouble.  "Franchising shortens the learning curve and allows the franchisee to apply all of their professionals skills while the system compensates for less developed areas," added Sarkauskas, Liberty Tax Area Developer.

"You are accepting someone else's business model, their public image, their cost structure, and you are agreeing by and large to follow their policy manual quite rigidly. That arrangement can be a source of great comfort," John Pearce II, endowed chairman of strategic management and entrepreneurship at Villanova's School of Business, told the paper.

However, a support system does not mean that a franchisee is forfeiting a sense of ownership and independence. Especially for individuals exiting the corporate world, being their own boss is of paramount importance.

About Liberty Tax Service

Liberty Tax Service is the fastest-growing retail tax preparation company in the industry's history.  Founded in 1997 by CEO John T. Hewitt, a pioneer in the tax industry, Liberty Tax Service has prepared over 8,000,000 individual income tax returns.  With 42 years of tax industry experience, Hewitt stands as the most experienced CEO in the tax preparation business, having also founded Jackson Hewitt Tax Service.

Liberty Tax Service is the only tax franchise on the Forbes "Top 20 Franchises to Start," and ranks #1 of the tax franchises on the Entrepreneur "Franchise 500." Each office provides computerized income tax preparation, electronic filing, and online filing through eSmart Tax.

 

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President's Jobs Proposal Includes Harkin-led Efforts to Fund Education Jobs/School Construction

WASHINGTON, D.C. - Senator Tom Harkin (D-IA) tonight issued the following statement after President Obama addressed Congress on the need to put America back to work.  Harkin is Chairman of the Senate Health, Education, Labor and Pensions (HELP) Committee and the Appropriations subcommittee that funds education and labor initiatives.  He has fought to prevent massive layoffs of American teachers and is leading the effort in Congress to rebuild the middle class in America.

"Traveling in Iowa this summer it was abundantly clear that the number one issue impacting Americans is not the budget deficit, but a far more urgent deficit: the jobs deficit.  By all means, we need to agree on necessary spending cuts and tax increases to bring deficits under control in the longer term.  But in the short term, we need a robust federal agenda to boost the economy and create jobs.

"I am encouraged that the President's proposal goes to the heart of that effort by investing in the jobs that sustain a strong middle class.  In particular, new funding he proposed for educator jobs will keep teachers in the classrooms.  This echoes a bill that I pushed through Congress last year to provide $10 billion to keep teachers on the job in the face of deep cuts to state budgets.

"The President's call to renovate our schools is a win-win for our economy and for our children.  Kids cannot be expected to reach their full potential if the school they attend is crumbling around them.  And my experience in Iowa in providing funding to renovate our schools shows that every dollar in federal funds that is provided for school construction leverages an additional four dollars in funding from other sources, creating jobs and economic growth.

"And I was pleased to see he proposed ramping up federal investments in infrastructure to boost U.S. competitiveness and create construction jobs.  As the American Society of Civil Engineers estimates, America faces a $2.2 trillion infrastructure backlog and they are correct to say that "we are still driving on Eisenhower's roads and sending our kids to Roosevelt's schools."  His proposal also offers assistance so that the long-term unemployed can support their families while they continue to look for work.

"As we move forward, we must also address the fact that two-thirds of adults with disabilities are not working. In the HELP Committee, I intend to continue to hold hearings on the best way to address this issue.

"Now that this proposal has been unveiled, I encourage the President to use the bully pulpit and fight to get it passed.  Where necessary, draw a sharp contrast to those who offer only obstruction and do-nothingism.  It's time to break up the gridlock in Washington and put America back to work.  The future of our middle class - and our economy - depends on it."

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CHICAGO - September 8, 2011. Governor Pat Quinn today issued a statement following President Obama's announcement of the American Jobs Act:

"Tonight, the President laid out a plan that will put Americans back to work now. We in Illinois applaud President Obama's vision for American innovation, infrastructure, fiscal responsibility and bipartisanship. As our country recovers from the worst recession in decades, we must invest in our small businesses and the sectors that are creating the jobs of today and tomorrow. I support the President's plan, and I stand with him in calling on Congress to put aside partisan politics and do their part for America's working families."

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WASHINGTON - Sen. Chuck Grassley of Iowa today joined a group of Republican senators in urging President Obama to submit the pending trade agreements with Colombia, Panama, and South Korea to Congress for a vote.  Grassley said the United States has fallen behind other countries in implementing trade agreements and negotiating potential new trade agreements, calling that unacceptable when so many Americans need jobs and trade supports jobs in the United States.

"Nothing has been done and the United States is losing its leadership in what we've done for 60 years in world trade, leading the rest of the world," Grassley said.  "The status quo has to end.  The United States has to re-assume its leadership.  And that's not only for the benefit of the United States.  That's for the benefit of expanding the world economic pie."

Just a few years ago, under a different White House, the Senate passed implementing legislation for free trade agreements with 13 countries (Australia, Bahrain, Chile, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Morocco, Nicaragua, Oman, Singapore, Peru), Grassley said. The current White House has not initiated any new trade agreements.  While this White House is engaged in negotiations of the Trans-Pacific Partnership, that's a carryover from the prior Administration, he said.

Grassley is a senior member and former chairman and ranking member of the Finance Committee, with jurisdiction over international trade.

Video of Grassley's remarks at today's news conference is available here.

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Senator Chuck Grassley issued the comment below about the determination announced today by the U.S. Army Joint Munitions Command that no additional review is needed in order to move production work from Milan, Tennessee, to Burlington, Iowa.

Senator Grassley has worked with others in the Iowa congressional delegation for the last three years to help prevent legislative roadblocks to implementation of this positive development for the Iowa Army Ammunition Plant.  The decision to consolidate the work to Iowa was made by the U.S. Army based on a competitive process.

Grassley comment:

"This decision is tied to more than 100 new jobs at the ammunition plant in Burlington.  The Army's decision is a tribute to the Iowa workforce and the legacy of the Iowa plant.  At this point, there shouldn't be any more red tape to clear for the production line to start running, and that's very good news in Southeast Iowa."

 

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Populist Caucus Members Urge Obama to Include Infrastructure Bank in Job Creation Plan

Washington, DC - Today, Congressman Bruce Braley (D-Iowa) called on President Obama to invest in our nation's infrastructure by developing a National Infrastructure Bank.  In a letter to the President, Rep. Braley urged the President to include the development of an Infrastructure Bank as part of his job creation plan he will be unveiling next week.  Four other members of the Populist Caucus signed the letter to the President.  The Populist Caucus has been advocating for the development of a National Infrastructure Bank for over a year and a half.  In February 2010, the Caucus endorsed legislation introduced by Vice Chair Rosa DeLauro to create a National Infrastructure Bank.

"A National Infrastructure Bank would create jobs and improve our country's aging infrastructure" said Rep. Braley.  "This plan would leverage both public and private dollars to improve our roads, bridges, tunnels and watersystems, creating jobs all across the country.  The plan also has a diverse coalition of support that includes both the business and labor communities.  It makes sense for the President to include this public-private partnership as part of his job creation plan."

A copy of the letter, which was signed by Rep. Rosa DeLauro, Rep. John Yarmuth, Rep. Mazie Hirono and Rep. Peter Welch, is pasted below and available here: http://go.usa.gov/0YF

As the nation prepares to honor America's workers this weekend, I wanted to share a report I released today on the decline of America's middle class and its long-term consequences for our economy.  As you'll see in the report, the problems plaguing the middle class and the broader economy were not brought on just by this recession, but rather through a series of systematic policy decisions put into place over the past 40 years.  I believe that rebuilding the middle class needs to be the primary focus of the Congress and that it can only be done by reversing these policy choices.

All the talk in Washington about deficits and spending cuts ignores one simple truth: there will be no sustainable economic recovery without the recovery of the American middle class.  Without good-paying jobs with reliable benefits, families will continue to fall behind, and the economy will lag as consumers struggle to survive on shrinking budgets.

As Congress finally turns its focus to how to create jobs and rebuild our economy, we must understand that as the middle class goes, so goes our economy.

Today's report follows a series of Health, Education, Labor and Pensions Committee hearings I've convened to examine the state of the middle class.  We've solicited input from economists, the business community, and everyday Americans struggling to maintain a middle class lifestyle.  In Iowa, members of my staff have been visiting all 99 counties to gather testimony and insights into the challenges facing middle class families, and I have followed up by holding forums this August in Newton, Mason City, Cedar Rapids, and Council Bluffs.

To read my report, entitled "Saving the American Dream: The Past, Present, and Uncertain Future of America's Middle Class," and learn more about my HELP Committee hearings and my forums in Iowa, click here:  http://harkin.senate.gov/help/middleclass.cfm

The report shows that the middle class is facing stagnant wages while household costs continue to rise:

  • Average hourly wages declined by 1% from 1970 to 2009, while home prices have increased 97%, gas prices by 18%, health costs by 50%, and public college by 80% after adjusting both wages and costs for inflation.
  • The average family of four needs an annual income of $68,000/year just to cover basic costs, but in 2010, half of all jobs paid less than $33,840, and 9 of the 10 fastest-growing sectors in the American economy pay less than $35,000/year on average

While there is no silver bullet to repair the damage done to the middle class by 40 years of poor policy choices, I believe there are several steps the federal government should take to create jobs in the short term and restore our middle class and economic vitality in the long term:

  • Help 25 million unemployed and underemployed Americans get good jobs and become taxpayers again by investing in education, innovation, and a national program to rebuild our nation's schools, highways, bridges, and water infrastructure.
  • Restore balance to the tax code by removing the tax benefits received by the very wealthy and large corporations from the 2001 and 2003 tax bills.
  • Remove the provisions in the tax code that encourage American companies shifting jobs overseas.
  • Raise and index the minimum wage to improve wage standards throughout the economy and ensure working people aren't left out when our economy grows.
  • Give workers the same rights as corporate CEOs to negotiate their salaries and benefits from a position of strength, not weakness.
  • Update the federal laws governing the pension system so that they can once again provide the basis for a secure retirement.

Group of Budget Experts Will Recommend Steps to Implement Budgeting for Results; Bring Greater Accountability and Transparency to Budget Process  

CHICAGO - August 22, 2011. In a key step in reforming the state's budget process, a commission named by Governor Quinn held its first meeting Friday in Chicago to help guide the implementation of Budgeting for Results. Enacted last year by the General Assembly, Budgeting for Results (BFR) is a tool to help government agencies set priorities, meet goals, deliver excellent services and achieve the best value possible to taxpayers.  

"Budgeting for Results represents a major step toward smarter, more transparent government and greater accountability across all agencies," Governor Quinn said. "This commission will help Illinois deliver essential services in the most efficient, effective way possible, and ensure that taxpayers are getting the results from government they expect and deserve."  

Private business has long employed a similar management model to improve performance through clearly defining and aligning objectives across organizations. Rather than setting budgets for each agency separately and based on historical funding levels, BFR allocates scarce resources based on government-wide goals. BFR calls on every agency of government to make the case for its budget each year measured in terms of its success delivering results and value to the people of Illinois. The budgeting shift will encourage innovation and performance among agencies, and allow taxpayers to see the true impact of their tax dollars.   

For the fiscal year 2012 budget, the first year of BFR, agencies and departments were required to justify budget requests based on results achieved in the following priority areas set by the Governor:  

 1.     Quality education and opportunities for growth and learning for all Illinois students;  

 2.     Enhanced economic well-Being of citizens;  

 3.     Protection of citizens' lives and property;  

 4.     Protection of the most vulnerable of our citizens;  

 5.     Improved quality of life of citizens; and  

 6.     Improved efficiency and stability of state government.  

The commission will make recommendations on the Governor's priority areas and proposed outcomes, propose a percentage of the overall budget to be assigned to each results area, and review current spending mandates.

The commission is composed of Illinois legislators, executive staff, outside experts and stakeholders. Senator Dan Kotowski (D-Park Ridge) serves as chairman of the commission and was co-sponsor of legislation enabling Budgeting for Results.

"I am honored to be appointed chairman of the Budgeting for Results commission," Sen. Kotowski said. "This bipartisan commission will implement a framework to cut, eliminate, reform and fund agencies and programs based on performance, not politics and self-interest. Illinois families live by these principles every day and now the state government will as well."

The other commission members are:

Hon. Sheila Simon, Lieutenant Governor;

State Senator Tony Munoz (D - Chicago);

State Senator Pam Althoff (R - Crystal Lake);

State Representative Will Davis (D - Hazel Crest);

State Representative Kent Gaffney (R - Lake Barrington);

Hon. Will Burns, Alderman, City of Chicago;

John Bouman, President, Sargent Shriver National Center on Poverty Law;

Carole Brown, Managing Director, Barclays Capital;

Larry Joseph, Director, Budget and Tax Policy, Voices for Illinois Children;

Jim Lewis, Senior Program Officer, Chicago Community Trust;

Lyle Logan, Vice President, Northern Trust Bank;

Dr. Roger Myerson, Glen A. Lloyd Professor of Economics, University of Chicago;

Maria de Jesus Prado, President, Prado & Renteria;

Alex Rorke, Co-chair, Illinois Economic Recovery Commission;

Jose Sanchez, CEO and President, Norwegian American Hospital;

Steve Schnorf, Budget Consultant;

Kevin Semlow, Director of Legislative Affairs, Illinois Farm Bureau and;

Donna Sims Wilson, Executive Vice President, Castleoak Securities.

"It is a privilege to serve the state of Illinois on the new Budgeting for Results Commission," Roger Myerson, Noble Prize winning economist said. "This commission reflects a broad commitment by Governor Quinn and the legislature to improve the process by which this state makes tough fiscal choices. We will work to develop better measurements of government performance and budgetary transparency."

"The appointed Commissioners are a good cross-section of private and public sector individuals," Rep. Kent Gaffney (R-Lake Barrington) said. "The task ahead will become more difficult as we work towards a plan to allocate scarce state funds in a manner that will improve the business climate and overall economic situation of our state, while also improving the quality of life for Illinoisans."

Appointees from the Governor's executive staff are Cristal Thomas, Deputy Governor, and John Kamis, Senior Advisor to the Governor.

The commission will issue a report the Governor and the General Assembly by Nov. 1 each year, starting in 2011.

 

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