Trending...
- AsphaltPlant.ai Applies AI and Purpose-Built Production Tools to the Asphalt Industry
- Chicago: REPORT: CARE Responses Have Increased 51% Sine Citywide Expansion in May
- AMR and UAS Take the Stage at WorldSkills Shanghai 2026
LONDON ~ London – Mayor Brandon Johnson and World Business Chicago have embarked on a trip to London to promote Chicago as a top destination for international business expansion. The focus of the trip is on key sectors such as fintech, insurtech, climate, and healthcare. The aim is to strengthen relationships with current and potential investors and showcase what makes Chicago stand out as a global city.
Mayor Johnson expressed his confidence in Chicago's position on the world stage, stating that the city has much to offer in terms of diversity, skilled workforce, economy, business ecosystem, and worldwide connectivity. He emphasized the importance of deepening connections with partners across the pond to ensure that Chicago remains the top choice for business expansion.
The United Kingdom is currently Chicago's largest foreign direct investment partner, with over 250 UK-based companies operating within the city. In 2023 alone, trade between Chicago and the UK reached $7.68 billion, making it Chicago's fourth-largest trade partner. This visit aims to build on these strong ties and foster economic growth by opening up new revenue opportunities for the city.
More on illi News
Phil Clement, President and CEO of World Business Chicago, highlighted the significance of this trip by mentioning that it coincided with the NFL's European series where the Chicago Bears played. He stated that they have a full schedule of meetings and roundtables planned to spark interest in Chicago and create job opportunities that will drive the city's growth.
During their stay in London, the delegation from Chicago will meet with senior executives and leaders from companies headquartered or with operations in London. The focus will be on highlighting recent successes in Chicago and positioning it as a gateway for international business expansion.
One of the highlights of this economic development trip is an Economic Impact of Sports Roundtable where participants will discuss how sports can drive economic growth. There will also be industry-specific roundtables on fintech, quantum computing, and climate technology. Mayor Johnson will deliver a keynote address at the climate tech roundtable, which will be hosted at a WBC board member's London office.
The Chicago delegation has scheduled several key meetings during their trip, including discussions with a developer of photonic quantum computers, a Scottish company specializing in DPSS lasers for the semiconductor industry, and three quantum-related companies to explore collaboration opportunities and potential expansion into Chicago. They will also meet with a company specializing in sustainable thermal drying technologies to align innovations with Chicago's sustainability goals.
More on illi News
In an exciting announcement, a London-based company will formally announce its expansion into the U.S. market by opening its U.S. headquarters in Chicago on Friday, October 11. This news will be revealed during a livestream between London and Chicago. A press release is available upon request.
The Chicago delegation includes Mayor Brandon Johnson, Senior Advisor Jason Lee, Deputy Mayor of Economic & Neighborhood Development Kenya Merritt, Director of Federal Affairs Dominique Warren, President & CEO of World Business Chicago Phil Clement, Vice Chair Charles E. Smith, EVP of Global Strategic Initiatives Adrienne Tongate, VP of Strategic Initiatives Anel Montes Marchan, and Director of Foreign Direct Investment Karla Ruth Orozco Toledano.
This trip to London is a testament to the efforts being made by Mayor Johnson and World Business Chicago to position Chicago as a global city and attract international business expansion. With its diverse economy and skilled workforce, along with strong partnerships and connectivity worldwide, it is clear that Chicago has much to offer as a top destination for businesses looking to expand globally.
Mayor Johnson expressed his confidence in Chicago's position on the world stage, stating that the city has much to offer in terms of diversity, skilled workforce, economy, business ecosystem, and worldwide connectivity. He emphasized the importance of deepening connections with partners across the pond to ensure that Chicago remains the top choice for business expansion.
The United Kingdom is currently Chicago's largest foreign direct investment partner, with over 250 UK-based companies operating within the city. In 2023 alone, trade between Chicago and the UK reached $7.68 billion, making it Chicago's fourth-largest trade partner. This visit aims to build on these strong ties and foster economic growth by opening up new revenue opportunities for the city.
More on illi News
- Oral statement on the situation of Chairman Lee Man-hee in pretrial detention in the Republic of Korea
- Mayor Brandon Johnson, CDOT, Ald. Manaa-Hoppenworth, and State Sen. Simmons Break Ground on Chicago's First Pedestrian Hybrid Beacon
- Names Are Not Important Asks What Remains When Identity Is Stripped of Labels
- Most Utah Deaths Never Reach the Medical Examiner. Postmortem Pathology Offers Salt Lake City a Private Autopsy Option
- Virtually Tour Heritage at South Brunswick's Resort-Style Living - Experience Indoor and Outdoor Amenities at Your Fingertips
Phil Clement, President and CEO of World Business Chicago, highlighted the significance of this trip by mentioning that it coincided with the NFL's European series where the Chicago Bears played. He stated that they have a full schedule of meetings and roundtables planned to spark interest in Chicago and create job opportunities that will drive the city's growth.
During their stay in London, the delegation from Chicago will meet with senior executives and leaders from companies headquartered or with operations in London. The focus will be on highlighting recent successes in Chicago and positioning it as a gateway for international business expansion.
One of the highlights of this economic development trip is an Economic Impact of Sports Roundtable where participants will discuss how sports can drive economic growth. There will also be industry-specific roundtables on fintech, quantum computing, and climate technology. Mayor Johnson will deliver a keynote address at the climate tech roundtable, which will be hosted at a WBC board member's London office.
The Chicago delegation has scheduled several key meetings during their trip, including discussions with a developer of photonic quantum computers, a Scottish company specializing in DPSS lasers for the semiconductor industry, and three quantum-related companies to explore collaboration opportunities and potential expansion into Chicago. They will also meet with a company specializing in sustainable thermal drying technologies to align innovations with Chicago's sustainability goals.
More on illi News
- Derek Cook's Roofing Encourages Homeowners to Prepare for Fall Weather
- Boston Industrial Solutions Expands Product Offering with Pad Printing Pads and Silicone for Custom Pad Manufacturing
- Rodeo FX Originals Appoints Yvann Thibaudeau Head of Development & IP
- Phoenix 5/7 Emerges as a Genre-Fluid Artist Collective
- Massage Revolution Expands to Santa Monica With New Wilshire Boulevard Location
In an exciting announcement, a London-based company will formally announce its expansion into the U.S. market by opening its U.S. headquarters in Chicago on Friday, October 11. This news will be revealed during a livestream between London and Chicago. A press release is available upon request.
The Chicago delegation includes Mayor Brandon Johnson, Senior Advisor Jason Lee, Deputy Mayor of Economic & Neighborhood Development Kenya Merritt, Director of Federal Affairs Dominique Warren, President & CEO of World Business Chicago Phil Clement, Vice Chair Charles E. Smith, EVP of Global Strategic Initiatives Adrienne Tongate, VP of Strategic Initiatives Anel Montes Marchan, and Director of Foreign Direct Investment Karla Ruth Orozco Toledano.
This trip to London is a testament to the efforts being made by Mayor Johnson and World Business Chicago to position Chicago as a global city and attract international business expansion. With its diverse economy and skilled workforce, along with strong partnerships and connectivity worldwide, it is clear that Chicago has much to offer as a top destination for businesses looking to expand globally.
0 Comments
Latest on illi News
- Jacqui Condon Selected to Workers' Compensation Panels for Three Professional Athlete Associations
- Saddle Stretch Introduces a New Concept in Adjustable Stretching Equipment
- New Metallized PE Film from Pregis Brings Recyclability to High-Barrier Food Packaging at Pack Expo International in Chicago
- Transformational $104 Million Musculoskeletal Healthcare Opportunity as Expansion Strategy Accelerates for Cardiff Lexington Corp (Stock Symbol: CDIX)
- PropAccount.com Launches Marketing Hub Within PropGenie, Giving Prop Firm Operators an Automated Marketing Team
- Save 15 Percent Off Florida Keys Accommodations with KeysCaribbean's Advance Purchase Rate Discount
- Woodside Rehab & Nursing Enters a New Era of Clinical Excellence and Growth
- Thar Process Partners with French Leader ExtrateX to Bring Prep to Process-Scale SFC to Europe
- AsphaltPlant.ai Applies AI and Purpose-Built Production Tools to the Asphalt Industry
- Chicago: Mayor Brandon Johnson, Ald. Pat Dowell Win Approval of $10.5 Million Investment to Build Deeply Rooted Dance Center in Washington Park
- Chicago: Mayor Brandon Johnson Introduces New Missing Middle Housing Homes in West Garfield Park
- Various Measures Introduced to and Approved by the Chicago City Council
- Mayor Brandon Johnson, CDOT, and Lyft Introduce Contract Extension To Expand Divvy, Improve Safety, And Lock in Affordability for Chicago Riders
- Port St. Lucie REALTOR® Irene Pernice Earns SFR® Certification
- AMR and UAS Take the Stage at WorldSkills Shanghai 2026
- UNDERSTANDING by Martina E. Faulkner wins International Impact Book Award in Inspirational Genre
- Chicago: Mayor Brandon Johnson and City Council Members Introduce Data Center Moratorium Ordinance
- Chicago: Mayor Brandon Johnson Announces Appointment of Renee Hatcher as Corporation Counsel
- Biophysical Therapeutics brings longevity science to skincare with its new IF1 brand
- JoCa's Echoes of Haworth Sells Out on Opening Night in Mexico City; Artist Heads to San Luis Potosí and Miami Art Week