Safety Storage Inc.

New Markets Tax Credit Coalition

Charleston,
IL
(2021)

Safety Storage Inc.

Manufacturing

Investment

NMTC Amount: $3,325,000
Total Project Cost: $3,833,000

IMPACT

49 FTE jobs
Jobs must exceed 1.2X the living wage in the region and offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

CDEs

Advantage Capital, Community Development Venture Capital Alliance

Investor

Unknown

Project Description

Safety Storage is a manufacturer of custom modular hazardous material storage and containment systems. The Company’s customers come from the agricultural industrial, military, and laboratory industries.

The project provided the Company with working capital.

The average wage of jobs retained and projected must exceed 1.2X the living wage in the region. QALICB must offer quality benefits, which include, but not limited to medical insurance, paid time off, and wealth creation options.

MAP

Address: 855 North Fifth Street, Charleston, IL 61920

Census Tract: 17029000500

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