Economic Development Fast Facts

 CITY OF PERU

"Illinois is at the crossroads of the nation and the Illinois Valley is at the crossroads of Illinois"
-James Thompson- Former Governor of Illinois

• LOCATION
  
  • I-80 & I-39
  • Connecting East and West Coasts
  • Winnipeg, Canada to the Gulf of Mexico
  • Ship to 2/3 of USA in 2 days
• MUNICIPALLY OWNED AIRPORT
  
  • 7,000 foot runway/ cross wind runway
  • Award winning airport facility
  • 1st regional airport built in Illinois in 20 years (1985)
• MUNICIPALLY OWNED ELECTRIC POWER PLANT
  
  • Hydro Electric Green Power Plant on Illinois River
  • Near lowest electric rates in Illinois
• MUNICIPALLY OWNED PERU RAIL
  
  • Municipally owned short-line railroad
  • Connect to anywhere in the US
• TAX INCREMENT FINANCE ZONES
  
  • Three TIF zones providing incentives
• ENTERPRISE ZONE
  
  • 15 square mile zone providing incentives
• PERU HOME RULE
  
  • Home Rule Municipality
  • Flexible and accomodating
  • Enables Peru to rapidly meet the needs of business and industry
• RIVER TRANSPORTATION
  
  • Located on the Illinois River
  • More tonnage passes through Peru annually than through Panama Canal

    • EDUCATION

      • Voters approved referendum for new middle school
      • $19.5 million dollar school now complete
      • Grades 5-8 with 460 students
      • Other schools for grades Pre-K through 4th