While agriculture is a major area industry, the economic vitality of Princeton is drawn in large part from the citys business and industrial partnerships. This communitys progressive and cooperative attitude supports commerce in its endeavors, assisting in the success and growth of existing businesses while providing numerous incentives attractive to new business and industry.
From production of door closers, air compressors and cutting fluids; to gas valves, fine jewelry and business forms; to resistors and even mushroomsthere is great diversity among Princetons industrial partners.
Economic development is a priority of the Princeton Chamber of Commerce and retail area improvement and beautification receives ongoing attention from the Main Street Princeton program. This communitys active Chamber also sponsors a busy calendar of promotions, events and activitiesall designed to foster and promote civic, commercial, industrial, agricultural and cultural interests for the citizens of Princeton and Bureau County.
Community pride is reflected in no small part in a long-standing tradition of progress among businesses that are located here. In fact, nine Princeton businesses have been designated Illinois Centennial Businesses, a recognition going to Illinois firms with one hundred years or more of continuous operation.
Princeton itself offers a number of financial and tax incentives for businesses and industries interested in building here. The city offers impressively low industrial rates for its municipal electrical service. Tax abatement considerations and special low-cost loan programs can be made available depending on the site and scope of proposed building projects.
Princeton offers area firms varied transportation links, easy accessibility to trade and market centers, reasonable property taxes and quality city services. In combination with a versatile and stable labor forceone that can provide technical and professional expertise as well as skilled, semi-skilled and unskilled workersthere is no doubt that Princeton is an excellent choice for any business, company or industry considering location or relocation. The people of Princeton welcome you.
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