Chicago got an economic boost when it was confirmed this week that food giant ConAgra will be moving its corporate headquarters to the city—along with nearly 1,000 jobs. The company already employs around 400 people in a Naperville office, but plans to move its headquarters to the Windy City from current Omaha, Nebraska. It is part of a restructuring plan that is estimated to save the company about $300 million over the next three years and will result in a gain of jobs in Illinois. The new ConAgra headquarters will be based out of the Merchandise Mart facility in downtown Chicago.
ConAgra owns brands including Slim Jim meat sticks, Hebrew national hot dogs, Chef Boyardee, Swiss Miss and Reddi-Whip.