Richardson Electronics, Ltd. will expand its operations in La Fox, Illinois with a $8.5 million investment over four years, creating 54 new jobs. The company will develop energy storage products to support electric grid stability and reduce electricity costs. Governor JB Pritzker praised the move, highlighting Illinois’ commitment to clean energy and economic growth. Richardson Electronics’ expansion is part of the REV Illinois program, supporting clean energy production and advanced manufacturing. The company received a tax credit and committed to retaining 190 jobs. Other manufacturers, like Pure Lithium and Adient, have also chosen Illinois for its skilled workforce and clean energy focus.

Read more at GlobeNewswire: Governor Pritzker Announces Illinois Manufacturer