Chicago Manufacturing Companies
Companies, which manufacture some or other products, are called as manufacturing companies. A firm that converts raw materials and component parts into consumer and industrial goods is termed as a manufacturing company. They are the producers of many items you use directly or indirectly. Their influence on your life is so big that you will not be bale to live without them and their products.
Manufacturing may be from a radio, television, and computer to aeroplane and war equipments. It may be pharmaceutical, agricultural, car, equipments, foods, metals and many of the items available under the sun.
Manufacturing companies need big investments and strategic planning to perform. Economic condition of a country may influence manufacturing in another country. They use the factors of production and convert them to some useful item for personal or industrial use.
Manufacturing in Chicago
Chicago started with the major meat companies. They grew in Chicago. Companies such as Armour created global enterprises. Though the meatpacking industry currently plays a lesser role in the city’s economy, Chicago continues to be a major transportation and distribution center. Chicago is the third busiest intermodal port in the world after Hong Kong and Singapore. It is the financial and business capital of the Midwest.
Today, Chicago is home to 12 Fortune 500 companies and is considered to be a prime-manufacturing centre. Manufacturing, printing and publishing, and food processing also play major roles in the city’s economy.
Although Chicago failed to attract the automobile-manufacturing dominance it sought, its other industries thrived through much of the 20th century. Chicago is a major radio and electronics centre. Like all manufacturing cities, the Great Depression also devastated Chicago. But it emerged safe after a while.
Where will you find about manufacturing companies in Chicago? Search for them in the business directories. They will be listed in such directories available locally and globally. Find out the advertisements available about their products. Search in the Internet to find out, who are they and what they do. Newspapers often publish articles on these manufacturing companies.
What types of manufacturing companies are there in Chicago? There are different types of manufacturing companies present in Chicago. Some of the companies are Boeing Co, Kraft Foods Inc., Motorola Inc. Caterpillar Inc., Sara Lee Corp, Deere & Co, Baxter International Inc, Newell Rubbermaid Inc., Tenneco Automotive Inc, Wm. Wrigley Jr. Co, IMC Global Inc., Packaging Corp. of America,, Federal Signal Corp., Richardson Electronics Ltd., Zebra Technologies Corp. and many more.
Some of the companies are like-
Boeing Co. – Manufactures commercial airplanes, military aircraft and satellites
Motorola Inc. – Manufactures electronic systems and components for worldwide markets
Caterpillar Inc. – Manufactures and market earth-moving, construction and material-handling equipment
Abbott Laboratories – Manufactures and distributes health care products
Deere & Co. – Manufactures, distributes and finances the sale of agricultural, construction and consumer equipment
Newell Rubbermaid Inc. – Manufactures and markets housewares, hardware, tools, home furnishings and office products
Navistar International Corp. – Manufactures and markets medium and heavy trucks and mid-range diesel engines
Pactiv Corp – Manufactures and markets plastic and paper-based consumer products and food-service packaging
Wm. Wrigley Jr. Co. – Manufactures chewing gum
Federal Signal Corp. – Manufactures safety, signaling and communications equipment and machinery components
Impact on the economy of Chicago
These manufacturing companies helped Chicago to get a big name in the field of business and manufacturing. They are the main tools in the upliftment of the economy of the place, sate and the country. They bring more and more money to the country and increase the status of the city. They are helping the city grow bigger and bigger. Manufacturing companies are offering better scope for growth to the economy.
They are providing employment opportunities for thousands of people. United states economy is dependent on the performance of such companies. When they perform well, then the economy rises and the NASDAQ soars. When they are hit by some or other factor, the US economy also gets hit.