Chicagoans will wax nostalgic about the Blommer chocolate plant. But city officials should wonder about our business environment.
Zofia Zhabura gathers cocoa drops to count during processing in 2014 at the Blommer Chocolate Co. factory in Chicago. Since the news that the Blommer Chocolate Co. factory in Chicago will close after 85 years, Chicagoans have been getting a head start on waxing nostalgic about the sweet smells wafting through that part of the city.and thoughts turn to how to redevelop that highly visible 5.5-acre parcel of prime Chicago real estate on Kinzie Street.
was “securing human resources and rising personnel costs.” In other words, the Blommer plant, which employs more than a quarter of the company’s total workforce of 900, was having trouble hiring good workers in Chicago and believed it was shelling out too much for the ones it had.The financial disaster at the Chicago plant is bad enough that Blommer’s CEO voluntarily offered to give back 30% of his monthly compensation for six months beginning in April, according to a filing.
It wasn’t too long ago — when the Blommer family still owned the company — that it made a commitment to continue manufacturing in Chicago when it also had choices about where to invest in added production capacity. In 2004, the city of Chicago contributed more than $5 million in tax increment financing as part of an upgrade and expansion of the Chicago operation.
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