Governor Personally Recruited Water Company That Will Employ 50 Workers at its Elgin Headquarters
ELGIN – October 15, 2013 – (RealEstateRama) — Governor Pat Quinn joined FER-PAL Construction officials today to open the water main rehabilitation company’s new U.S. headquarters in Elgin, creating 50 new jobs. Governor Quinn’s personal involvement helped convince the firm to choose Illinois. This announcement is part of Governor Quinn’s agenda to drive Illinois’ economy forward and protect the environment by modernizing water infrastructure.
“FER-PAL joins a growing list of companies who are choosing Illinois to grow their business,” Governor Quinn said. “The company is also ideally situated to participate in the Clean Water Initiative, which is putting people back to work updating our water systems and infrastructure across Illinois.”
Governor Quinn met with FER-PAL CEO Shaun McKaigue when he traveled recently to Chicago. Later, Governor Quinn solidified the relationship with FER-PAL while visiting in Toronto and convinced the firm to locate its U.S. headquarters in Elgin.
“We are truly excited to open our newest office in Elgin, Illinois. It is great opportunity for the state, the local community and for FER-PAL,” CEO Shaun McKaigue said.
FER-PAL Construction, based in Toronto, was established in 1986 to provide municipalities with water main rehabilitation services using “trenchless technology.” They utilize a Cure-In-Place-Pipe, which is inserted into existing water mains and creates a new pipe within the old existing pipe, eliminating the need to dig long trenches to replace an aging water main. This technology has provided municipalities across the United States with a cost-effective alternative to traditional water main replacement.
Governor Quinn’s recruitment of FER-PAL is part of an intentional strategy to recruit innovative water technology companies to Illinois. Firms like FER-PAL, Ecolab, and Grundfos are attracted by the Governor’s Clean Water Initiative and are a source of growing strength for the state’s economy.
Governor Quinn launched the $1 billion Illinois Clean Water Initiative in his 2012 State of the State Address to help local governments facing a critical need to overhaul aging drinking water and wastewater treatment plants and distribution and collection systems. The ICWI is funded with annual federal grants, funds from the American Recovery and Reinvestment Act and additional principal and interest from loan repayments. No new state tax dollars are used.