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Mars Snacking Picks Chicago for Major Expansion, Pledges $100 Million and 602 Jobs

The move signals Illinois using tax credits to anchor more headquarters jobs in Chicago.

Overview

  • Mars Snacking announced a $100 million Chicago expansion tied to a state EDGE deal that commits the company to 602 full-time jobs.
  • The company will make Chicago the home for its North America region, its Accelerator Division, and key global functions.
  • The plan includes a Fulton Market regional hub for more than 1,000 workers and a downtown global hub in the former Kellanova headquarters.
  • Gov. JB Pritzker cast the decision as a vote of confidence in Illinois’ talent and business climate, and the EDGE program offers tax credits in exchange for job and investment targets.
  • It remains unclear how many roles will be net new versus relocations, and the company has not shared hiring or move-in timelines.