Mayor Rahm Emanuel is crediting Chicago's workforce and its transportation networks for the decision by Kraft Heinz to move Oscar Meyer's headquarters to the city.
Kraft Heinz says about 250 corporate jobs will be relocated from Madison, Wisconsin to Chicago, where Oscar Meyer was founded in 1883.
The announcement came as the newly-merged company announced it will close seven plants in the U.S. and Canada over the next two years and eliminate 2,600 jobs. The company also says its cheese production will be moved away from Champaign, Illinois.
The company formed from the merger of Kraft and Heinz earlier this year and is co-headquartered in Chicago and Pittsburgh.
Emanuel says Oscar Mayer's move to Chicago adds to the city's appeal as a leading destination for food companies. ConAgra recently announced it will move its headquarters from Omaha, Nebraska to Chicago.
