05/06/2011 04:05 pm ET | Updated Jul 06, 2011

Motorola Headquarters To Remain In Libertyville

Motorola will keep its headquarters in the Village of Libertyville, Illinois, Gov. Pat Quinn and Motorola Mobility CEO Sanjay Jha announced Friday during a press conference.

Surrounded by company employees and leaders donning red "Motorola Mobility Illinois" shirts, Quinn signed into law an incentive package that will not only keep Motorola Mobility's 3,000 Illinois jobs within the state but also mandates that the company invest more than $500 million in research and development over the next three years.

Read more on Libertyville, IL Patch