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Reforms to Strengthen Accountability and Transparency of TIF Program

Mayor Emanuel announced a series of TIF reforms, implemented based on recommendations from the TIF reform task force convened by the Mayor immediately upon taking office. “These critical reforms will strengthen the transparency and accountability involved in TIF projects, and will help the city focus the program on job creation and economic development,” said Mayor Emanuel. 

Mayor Emanuel Announces ThyssenKrupp Will Open North American Headquarters in Chicago

Mayor Emanuel announced that the German technology and materials group ThyssenKrupp will open its Regional Headquarters for North America in Chicago in the summer of 2012. The new headquarters is expected to bring high–level jobs to the city and advance Chicago’s global leadership in the manufacturing and technology sectors.