Tax deal in ‘process of being finalized’ for $1.5 billion CSL investment in Illinois

(The Center Square) – A global biopharmaceutical company has announced it will invest $1.5 billion for a new manufacturing facility in Bradley, but the taxpayer cost of the project is unknown.

On Monday, CSL announced the investment at its Kankakee County campus to increase production capacity for plasma-derived therapies. According to the company, the expansion is expected to be operational by 2031.

Gov. J.B. Pritzker was asked about CSL receiving over $200 million in tax incentives.

“That’s over a long period of time, I just want to be clear. In a project of $1.5 billion, and this is important for you to recognize, the amount of investment that they’re putting in is enormous,” Pritzker said.

According to the governor’s office, CSL’s tax incentive deal with the state is still in the process of being finalized.

- Advertisement -

Pritzker said the benefit to Illinois is greater than CSL’s investment.

“Think about all the salaries and all the spending and all the people who move here and will buy a new home,” the governor said.

The project is expected to create 300 new full-time jobs.

State Sen. Patrick Joyce, D-Essex, said he is proud that the state is making the investment.

“We aren’t just celebrating jobs and buildings. The end result is more lives are improved through these therapies,” Joyce said.

CSL said the expanded facility will increase the company’s ability to produce life-sustaining, plasma-derived therapies.

- Advertisement -

CSL Behring LLC gave Joyce’s campaign committee a $2,500 donation on Nov. 18, 2025.

The company gave a $2,500 contribution to the committee for state Rep. Jackie Haas, R-Kankakee, in 2024.

CSL Behring reported $5.5 billion in total revenue in the second half of 2025 with CSL’s balance sheet including net assets of $20.5 billion.

State Sen. Andrew Chesney, R-Freeport, said Pritzker rolls out the red carpet for people with the right connections.

“If you’re big, if you’re politically connected, you’re gonna get a deal in Illinois. Think of the electric car companies, the data centers, the Chicago Bears now get a deal,” Chesney said at a news conference in Springfield on Feb. 26.

spot_img
spot_img

Hot this week

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Sports betting bill still alive in Georgia House

(The Center Square) – A bill that would allow...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Men of Color Expo – Celebrating Men of Excellence

Tinker Federal Credit Union & PPBC Present Men of Color...

Report: Wisconsin school referenda have led to funding gap for public schools

(The Center Square) – The number of school referenda...

Spokane Transit Authority defers vote on major tax renewal timing amid competition

(The Center Square) - Spokane Transit Authority officials are...

Report: Public school in VA prioritizes student awareness of race, power, privilege

(The Center Square) – Education group Defending Education says...

Texas oil and gas industry again reports job losses in February

(The Center Square) – Despite President Donald Trump’s pledge...

Ohio spending more than $3M to fight violent crime

(The Center Square) – Ohio taxpayers will spend $3.4...

NC state agencies slow to eliminate vacant positions

(The Center Square) – North Carolina state agencies have...

Far-left New Jersey Democrat wins special House election

(The Center Square) — Far-left Democrat Analilia Mejia defeated...

More like this
Related

Report: Wisconsin school referenda have led to funding gap for public schools

(The Center Square) – The number of school referenda...

Spokane Transit Authority defers vote on major tax renewal timing amid competition

(The Center Square) - Spokane Transit Authority officials are...

Report: Public school in VA prioritizes student awareness of race, power, privilege

(The Center Square) – Education group Defending Education says...

Texas oil and gas industry again reports job losses in February

(The Center Square) – Despite President Donald Trump’s pledge...