Light Drizzle Fog/Mist
48°FLight Drizzle Fog/MistFull Forecast

Our View: Thumbs up to Clarke Group to moving to St. Charles

Published: Saturday, July 20, 2013 5:30 a.m. CDT

St. Charles is getting a new tenant.

Clarke Group, a mosquito control company, is expected to move its headquarters to 675 Sidwell Court by the end of the year or early next year. It is the first beneficiary of a pilot program, approved Monday by the City Council, that’s designed to attract high-technology businesses and encourage the employment of local workers.

Under the agreement, the city will provide up to $275,000 over five years – with the money coming from the city’s general fund – to Clarke Group. The city will provide a set level of funding, declining annually during the five year-agreement, if the company creates a certain number of jobs with an annual salary of $50,000 or greater.

Additional monetary incentives would be paid if the company hires local residents or interns.

The company anticipates creating 71 new jobs with an average salary of $80,000, and 15 additional jobs with an average salary of $60,000 likely will come within the next five years. Clarke also plans to pour $4 million in capital improvements into the property.

Attracting new businesses to St. Charles, with a focus on hiring local people, benefits all area residents. An impact study from Northern Illinois University’s Center for Governmental Studies showed Clarke would generate an estimated $28.1 million annually in economic activity in the local region.

We welcome Clarke to the community and hope others follow its lead in locating their companies in the Tri-Cities.

Get breaking and town-specific news sent to your phone. Sign up for text alerts from the Kane County Chronicle.

More News

Watch Now

Player embeded on all Kane County Chronicle instances for analytics purposes.

St Charles North vs. Batavia football

More videos »