Chicago stacks up well as corporate HQ site

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Chicago has been riding a wave of success in 2012 with a variety of companies announcing plans to bring their corporate headquarters (and hundreds of jobs) here from out of state.

GE Transportation, a unit of General Electric Co., recently said it would move its corporate headquarters and about 150 jobs from Erie, Pa. In February, the German metals company ThyssenKrupp A.G. announced that it would open a North American regional headquarters here, creating about 100 new jobs.

And just last week, the cement manufacturer and Jones Lang LaSalle client Lafarge U.S. signed a new lease for 31,000 square feet at an office building near O’Hare airport where it will move its U.S. headquarters from Reston, Va.

The three announcements seem to jibe with a recent study from the consulting firm Boyd Co., which shows that Chicago stacks up favorably against other big U.S. cities including New York, L.A., Boston and San Francisco/San Jose in terms of lowest overall operating costs for a corporate headquarters.

Click here for a cool infographic on the topic.

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