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This paper presents a statistical tool that could aid in location decision making for eco industrial parks. Sixty-six nonmetropolitan counties in Illinois were assessed for their structural correlates relevant for locating eco-industrial parks. The product-portfolio analysis was used to visualise the structural facets of the counties. Data inputs to the portfolio analysis were derived from a stochastic input-output model for scrap, used and second hand goods (input-output transactions table code 0002). Results of the portfolio analyses suggest that Coles County would be an ideal location for developing an eco-industrial park.