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CHICAGO - MARCH 15: A general view of atmosphere at the International Home & Housewares Show at McCormick Place on March 15, 2010 in Chicago, Illinois. (Photo by Barry Brecheisen/Getty Images for Tide)
Previously, the trade show managers threatened to more the exhibitions out of the city due to overlapping union jurisdictions and high costs. The new negotiation stems from a law passed by the General Assembly to cut costs.
"This new labor reform will allow us to remain in the world-class city of Chicago and McCormick Place for the longer term," IHA President Phil Brandl said in a statement. "Chicago is an important part of the brand of the Show, and this positive change makes it the right place for us to be."
The Show has been held in Chicago since 1939 and attracts more than 60,000 visitors. As the No. 2 convention in Chicago, it makes $82 million in spending in the city.
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