McCormick Place Is Ready to Light Up With Events Again

June 22, 2021
McCormick Place Is Ready to Light Up With Events Again

Peter Eelman, vice president and CXO at AMT — The Association For Manufacturing Technology, strode up to the stage at Arie Crown Theater at McCormick Place. “We are coming back,” he said. “Let that soak in for a moment.”

While he was specifically referring to the International Manufacturing Technology Show powered by AMT, occurring Sept. 12-17, Eelman may as well have been speaking for Chicago’s trade show industry.

Shut for 14 months due to COVID, McCormick Place officials and several returning organizers gathered in May to celebrate the return of business. The event was also a showcase of new offerings the convention center has installed to prepare for the brave new world. The highlight is a 4,000-seat hybrid studio powered by Freeman that served as the setting for the press conference. There are two other virtual studios available on-campus.

“We need to continue to be flexible and see what is on the horizon,” said David Causton, general manager of McCormick Place.

What’s on the horizon is a substantial number of events, including the famed Chicago Auto Show, to fill out the 2021 calendar before a packed schedule in 2022 and 2023, featuring many returning events like the Sweet and Snacks Expo that were forced to relocate this year.

Citing what she described as “Hollywood-grade technology,” Larita Clark, CEO of the Metropolitan Pier and Exposition Authority that oversees Chicago’s vast convention and expo properties, said the site is capable for all needs. That includes pumping money and momentum into the Second City’s economy.

“We didn’t take a single day of the past 14 months and let it go to waste,” she said. “We are returning to business as usual”

With the reopening of McCormick Place, entirely GBAC Star certified, and the adjacent Marriott Marquis Chicago, the task of hiring staff is ramping up. Clark said 970 full-time employees will be back to work by June, and within a year, that number will nearly double. And each hire at McCormick Place represents another five job opportunities in the local hospitality industry, she added.

More than 120 events are on the books between July 2021 and December 2022, 47 of which are considered major. Economic impact is estimated to be $2.35 billion with nearly 2 million attendees coming to town. 

FABTECH added to the good news, recently announcing plans for a return Sept. 13-16, making it the first large-scale manufacturing event at McCormick Place since the pandemic. It brings in $73 million delegation spending to Chicago, according to Ed Youdell, president and CEO of the Fabricators and Manufacturers Association, International. More than 30,000 attendees are expected.

Other key events coming to Chicago include:

RSNA Vice President Steven Drew said 10,400 abstracts have already been submitted for the late fall event. “That’s testimony to the interest in the meeting,” he said.

Likewise, IMTS is looking bullish for September. Eelman reported that more than 1 million square feet of exhibition space has already been sold and they are expecting 130,000 attendees.

“It’s been a struggle, but we can see light at the end of the tunnel and the light is coming soon,” Eelman said.

 

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MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.    Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.    Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.   The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.    MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.     MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.