Projects Q3 2020

Businesses Looking to Expand or Move to Quad Cities

Similar to national trends, the Quad Cities has seen an uptick in mergers and acquisitions among our local companies. The Quad Cities Chamber worked with several local companies that are considering the acquisition of other local companies. Examples include businesses that are purchasing another business including retaining employees, while others are purchasing equipment and a book of business from retiring individuals. The Quad Cities Chamber provided financial assistance guidance to these companies in advance of the mergers and acquisitions.

 

 

July-September 2019

July- September 2020

Business Retention & Expansion Projects

4

8

Business Attraction Projects

14

16

Business-to-Consumer Projects

N/A

3

Total Projects

18

27

 

 

 

Primary Industry Outreach Calls

37

37

 

Technical Assists

132

201

 

Projects By-the-Numbers

  • Target industry
    • 41% manufacturing
    • 22% ag innovation
    • 19% corporate office and support services
    • 11% business-to-consumer
    • 7% logistics and warehousing
  • Source of lead
    • 48% direct inquiry
    • 44% state partners
    • 7% brokers
  • Requests for information received – 15
  • Requests for information completed - 8
  • Hosted 1 site visit
Map of the Quad Cities region
The heart of the Midwest
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