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Borek: DCEDC hosts state economic development CEO and Fed economist

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The DeKalb County Economic Development Corp. is hosting state and federal experts focused on economic development marketing and economic projections during the coming weeks.

Mark Peterson, CEO of Intersect Illinois, will keynote DCEDC’s first Business Roundtable luncheon this year. Peterson has an outstanding background in economic development, financial administration and high-value fundraising.

Before accepting the role of secretary of economic development for Intersect Illinois, Peterson served as the managing director of the Greater Rochester Enterprise in 2005 and was appointed president and CEO in August 2008. He proved himself to be a strong advocate for the greater Rochester region and built a reputation among his colleagues as an exceptional leader and proactive change agent.

He is strongly committed to promoting Illinois, attracting quality businesses and changing lives through job creation. A natural problem solver, Peterson has true talent for connecting people with appropriate resources to generate results.

Peterson worked closely with the DCEDC and the city of DeKalb on DeKalb’s finalist proposal for the Toyota Mazda site selection project. He has become familiar with DeKalb County’s assets, including Northern Illinois University and Kishwaukee College.

Peterson also led Illinois Gov. Bruce Rauner’s trade mission to Asia, which the DCEDC participated in. Peterson is working with the DCEDC and the Illinois Department of Commerce and Economic Opportunity to follow up on opportunities with contacts made in Japan and China.

The DCEDC’s first Business Roundtable of the year will be from 11 a.m. to 1 p.m. Feb. 22 in the Novak Room at Fatty’s Pub and Grille in DeKalb. To register, visit dcedc.org/events or call Karen Hoyle at 815-895-2711 by Friday.

Strauss to present 2018
economic outlook

How will the U.S. tax policy affect economic performance during 2018? How will economic performance affect interest rates, inflation and the stock market? How will trade and immigration policies affect economic performance?

Senior economist Bill Strauss of the Federal Reserve Bank of Chicago will return for the eighth straight year to address these and other questions with data and analysis at the DeKalb County Economic Development Corp.’s 2018 Economic Outlook Luncheon.

This annual business education and networking event is scheduled from 11 a.m. to 1 p.m. March 22, at Faranda’s Banquet and Conference Center, 302 Grove St., in DeKalb.

The Economic Outlook Luncheon is one of the most popular events each year. Strauss’ ability to provide clear, high-level information enables business, government and institutional leaders to prepare business plans and better implement tactics.

The DCEDC affords its members opportunities throughout the year to address business topics and promote their organizations at select events. The annual Economic Outlook Luncheon, with more than 200 attendees, is one of these events.

To secure a sponsorship, contact Karen Hoyle at hoyle@dcedc.org or 815-895-2711 by March 9. Online reservations for the event are being accepted through March 16 at www.dcedc.org/events.

• Paul Borek is executive director
of the DeKalb County Economic
Development Corp.