I hear that Ken Griffin who IIRC is Illinois’s richest man is moving Citadel to Florida. That will means a loss of probably a billion dollars a year in state tax revenue when you add up his personal state income taxes, those of the highly compensated Citadel employees he’ll be taking with him, and Citadel itself’s taxes. That’s quite a chunk of change which the state can hardly afford to lose.
My interpretation of that is that Mr. Griffin has decided that Richard Irvin doesn’t have a chance to getting the Republican nomination for governor and it throwing in the towel. Griffin has been Irvin’s primary financial backing.
I thought more significant than Citadel was Caterpillar moving to Texas. Unlike Boeing; one couldn’t blame that on company specific factors.