The number of major industries that conduct business in Belvidere and Boone County is testimony of the communitys sincere commitment to commercial businesses. Although perhaps best known for its scenic, gently rolling hills and productive farmland, Belvidere also boasts an active business community. Major industries include Daimler Chrysler Corporation, Pillsbury/Green Giant, Dean Foods, Camcar Textron, Belvedere USA Corp. and Tenneco Packaging.
Comprehensive land-use planning shapes new development while zoning codes accommodate controlled growth and preserve prime agricultural land. Farming and agricultural services provide more than 6.5% of Belvidere's employment opportunities. Boone Countys ample supply of quality industrial sites and acreage for development are attractive to corporations, and numerous incentives designed to attract and retain businesses are offered locally, including the Belvidere-Boone County Enterprise Zone and a downtown tax increment financing district.
The areas strong pool of experienced labor has also been a contributing factor in corporate decisions to build facilities in Belvidere. In response to a growing business community, local developers have built new commercial subdivisions, including Sager Corporate Park, Landmark Industrial Park, Town Hall Industrial Park, Huntwood Business Park and the Hammersmith Subdivision. This surge in commercial real estate development has resulted in numerous business ventures. Belvideres commercial real estate market also includes numerous existing business parks, each offering a variety of amenities and conveniences.
The community warmly welcomes new businesses and remains firmly committed to the success of existing businesses. With its attractive location and proximity to car, train, and air transportation, Belvidere is simply a smart choice for businesses.
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