More than 1,200 employees statewide will lose their jobs in coming months, according to local media reports.
A handful of Cook County companies will be closing or have announced mass layoffs, according to notices filled with the Illinois Department of Commerce and Economic Development. Those companies include: FreightCar America, Inc. in Danville is expected to layoff the most employees—254—in the state in coming months. The layoffs are expected to begin on April 18 and continue through May 2. Other suburban companies that will be affected by layoffs or closings include: The Illinois Worker Adjustment and Retraining Notification (WARN) Act requires employers to provide 60 days advance notice of pending plant closures or mass layoffs, according to the Department of Commerce and Economic Development website. Related Coverage
Based at the Illinois Science and Technology Park, NanoInk Inc. ‘abruptly’ closed its doors. The company employed some 80 people, according to Crain’s Chicago Business.
Skokie-based NanoInk, Inc. closed its doors earlier this month, Crain’s Chicago Business reported. The company was located at the Illinois Science and Technology Park (ISTP). Its biggest backer, Ann Lurie, who is the widow of Sam Zell’s former business partner, Robert Lurie, poured about $150 million over a decade before finally deciding to pull the plug. Roughly 80 NanoInk employees were “abruptly” told that the company would be closing its doors in three days on Feb. 12, Crain’s reported. In June 2012, the Village of Skokie matched a $250,000 grant aimed at providing nanotechnology courses at Oakton Community College (OCC), among other schools. The village was able to match the grant through downtown Skokie's TIF district. One of the …