A St. Louis-based construction firm is moving its headquarters to Chicago, bringing 280 jobs to the city with more positions expected in coming years.
Mayor Rahm Emanuel announced Friday that Clayco, Inc. will relocate to 35 E. Wacker Building in Chicago's Loop with the hope of expanding its concrete and infrastructure business in Illinois. The St. Louis office will remain intact, but all of its Oakbrook Terrace employees have been relocated downtown.
Clayco Chairman and CEO Robert Clark called Chicago "an integral part of our expansion strategy" that includes adding architects, designers and project managers
“Chicago is simply the best location for the company given our growing national and international design and engineering business,” Clark said. “For a growing company like ours to be in a world class city attracting the best and brightest young minds in our industry matches with our goals and objectives.”
Clayco has done work for a number of large institutions, including Dow Chemical Company, Caterpillar and Busch Stadium, as well as Kraft Foods and Blue Cross Blue Shield in Illinois.
"Clayco is exactly the sort of company we are looking to attract to Chicago,” Emanuel said. “I am committed to bringing new and technologically advanced businesses to Chicago, especially those that want to grow and expand their businesses, and Clayco is exactly this sort of firm."
Emanuel pointed out in a statement from his office that Clayco did not receive any subsidies as part of this move.