Tootsie Roll Industries will stay on the city's Southwest Sidewith the help of a $20 million low-interest state loan, allowing thefirm to expand and create 200 new jobs, the state treasurer's officesaid Tuesday.
Tootsie Roll officials, Mayor Daley, Gov. Edgar and TreasurerPatrick Quinn are scheduled to announce the agreement during a newsconference in the company's plant at 7401 S. Cicero.
Company President Ellen Gordon refused to comment, but GregLonghini, a spokesman for Chicago's Department of Planning andDevelopment, said the candy maker will use the money to purchase the2.2 million-square-foot plant it has leased for the last 27 yearssince the company …
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