Archive for May, 2012
Across the Windy City and its outlying suburbs, a massive building boom is underway. New hospitals, university hospitals, and medical centers are sprouting up to meet the demands of an aging Baby Boomer population. Rush University Medical Center recently put the finishing touches on a $654 million hospital. The Children’s Memorial Hospital is replacing its aging Lincoln Park facility with a state-of-the-art $855 million behemoth in Streeterville. Not to be outdone, the University of Chicago’s Medical Center has opened a new $700 million hospital campus on Chicago’s South Side. The demand for medical care has never been so lucrative, and the construction of new floor-space for the medical industry is at an absolute premium, with billions more dollars expected to be spent in the Greater Chicago Metropolitan Area alone.
Being that we are an Illinois company, we are following these “building boom for Baby Boomer” developments with more than a passing interest. As a supplier of anchoring systems, special high-strength bolts and nuts, and corrosion-resistant coatings, we are aptly suited to support this demand. As Illinois steps further into the new millennium and new healthcare construction continues its rise, we anticipate pulling our fair share of the weight in helping Chicago’s medical centers answer the challenge of meeting the largest care costs ever seen in United States history.