Salesforce.com is receiving state tax credits worth about $10.4 million over 10 years to expand its operations in Chicago, with plans to create 200 new jobs and move into a new River North office.
Mayor Rahm Emanuel and Gov. Pat Quinn issued a joint announcement about Salesforce.com, which is headquartered in San Francisco and provides a number of cloud-based software applications to help companies manage sales, customer relationships and employee collaboration. The technology company has leased more than 100,000 square feet at 111. W. Illinois St., where it will base its corporate sales office for the Midwest. World Business Chicago, the city’s non-profit economic development arm, worked with Salesforce.com over the last year, according to a press release.
(Curated by Dennis Moore. Read the complete article here)