Gov. Pat Quinn said Monday that SunCoke Energy received a $4.8 million incentive package from the state to move its headquarters from Knoxville, Tenn., to Arboretum Lakes in Lisle.
The package includes corporate income tax credits and funds from the Employer Training Investment Program. SunCoke said it is investing $6.6 million on the relocation project.
The company plans on moving in the second quarter of 2011, before it separates from Sunoco.
SunCoke, a maker of metallurgical-grade coke for major steel manufacturers, also owns a manufacturing facility in Downstate Granite City that employs 110 people.
Good news for Illinois. Sorry Tennesse.