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This Week's Chicago Deal Sheet (May 5, 2021)


A Canadian manufacturer last week chose the Chicago region to host its first U.S. facility. Lion Electric Co. will manufacture its all-electric medium- and heavy-duty urban vehicles at a 906K SF facility under construction at 3835 Youngs Road in southwest suburban Joliet. Gov. J.B. Pritzker, along with many other state and municipal officials, joined the company’s leaders on Friday to announce the $70M project.
“The new Joliet facility will put Illinois at the forefront of a national movement to transition to zero-emission vehicle use, advancing our own goals of putting 1 million of these cars on the road by 2030,” Pritzker said Friday. “In Illinois, we know that a clean energy economy is about more than just vehicles  it’s about healthier communities and jobs for those who live there.” ....

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