OfficeMax, a leading provider of industrial products, office supplies and business-to-business office solutions, is consolidating its corporate headquarters in Illinois, bringing 700 new jobs to the state.
As part of his comprehensive economic development strategy, Opportunity Returns, the state of Illinois is providing an approximately $20 million investment package that is leading to the creation and retention of more than 1,500 jobs.
The company has operated a retail headquarters in Shaker Heights, Ohio, in addition to its corporate headquarters in Itasca, Ill., since the company completed the acquisition of OfficeMax, Inc. in December 2003. OfficeMax expects to finalize the selection of a Chicago-area site for its consolidated headquarters by the end of September 2005.
The Illinois Department of Commerce and Economic Opportunity is administering the investment package, which includes Economic Development for a Growing Economy (EDGE) corporate income tax credits over the next ten years based on job creation numbers; a Large Business Development Program (LBDP) grant; and Employer Training Investment Program (ETIP) job training funds that will help enhance the skills of its work force.
