Illinois Governor Bruce Rauner offered tax incentives to the giant food company ConAgra earlier this year to entice them away from Omaha, Nebraska and set up shop in Chicago.
According to the Chicago Tribune these tax incentives corresponds with other reports that the owner of popular food brands such as Swiss Miss, Chef Boyardee and Slim Jim is getting closer to making the move to Chicago. The Tribune reports that ConAgra is considering renting a space in downtown Chicago’s Merchandise Mart which can hold upwards of 1,000 employees.
It is not known what Rauner’s incentives to ConAgra exactly were, and his offered was complicated by the fact that he later gave the order to halt similar tax incentives. The Tribune’s source said that the Governor still plans to honor his original offer.
Meanwhile, back in Omaha, where ConAgra has been located for almost 100 years, since 1922, Nebraska Governor Pete Ricketts is quilting together his own proposal with incentives to keep ConAgra at home despite the fact that his proposal is said to go beyond what the government can legally do.
According to the Omaha-World Herald the governor said:
“We are not restricting this to what is on the books. We are willing to work with them in whatever way necessary to help them be competitive in their industry.”
However the report was not enough to keep ConAgra employees from worrying. In another story from the World Herald it was reported that ConAgra CEO Sean Connolly warned that job cuts are coming, and that some ConAgra employees have even listed their homes for sale.