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MANUFACTURING JOB FACTS
- U.S. subsidiaries support 89,300 manufacturing
jobs in Illinois. Manufacturing companies tend to have
a strong "multiplier" effect on the economy-stimulating
a substantial amount of activity and jobs in other sectors
through their demand for inputs from other suppliers.
Overall, approximately 33.3% of jobs at U.S. subsidiaries in Illinois are in manufacturing industries.
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ONE COMPANY'S STORY
ABN AMRO North America, an American subsidiary
of a Netherlands-based company, announced the construction
of a state-of-the-art technology facility in Chicago to
be completed by 2003. The development of the new facility,
costing approximately $500 million, will result in the creation
of 500 new jobs and the retention of 1,500 current employees.
ABN AMRO is one of the word’s largest banks, operating
through three autonomous strategic business units, being:
wholesale clients; consumer and commercial clients; and
private clients and asset management.
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