New Markets Tax Credit Coalition

  • Rockford,
  • IL
  • (2014)

RCE Equipment Solutions

District: Eric Sorensen (D-IL17)

NMTC financing supported the operations of a Rockford, IL railroad equipment manufacturer.

Investment

  • NMTC Amount: $3,223,000
  • Total Project Cost: $3,223,000

IMPACT

  • 2 FTE jobs

CDEs

Investor

Project Description

NMTC financing supported the operations of a Rockford, IL railroad equipment manufacturer.

MAP

Address: 1901 Harrison Avenue, Rockford, IL 61104

Census Tract: 17201001900

Missing information? Submit an update or correction.

Other Illinois Projects

Aspire Center for Workforce Innovation
  • Chicago,
  • IL
  • (2023)
  • CDE(s): BMO Harris, Chase, Chicago Development Fund, Cinnaire New Markets, Enterprise Community Partners

Located in the Austin neighborhood of Chicago, the Aspire Center for Workforce Innovation will become a coordinated one-stop business and career development center, comprised of workforce training, career development and

Learn more..
Safety Storage Inc.
  • Charleston,
  • IL
  • (2021)
  • CDE(s): Advantage Capital, Community Development Venture Capital Alliance

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

Learn more..
Siegel Steel
  • Chicago,
  • IL
  • (2022)
  • CDE(s): Chicago Development Fund
NMTC financing supports upgrades to a steel slitting line and other production equipment, purchase of an edger, and investment in an inventory program.
Learn more..
National Railway Equipment Co.
  • Mount Vernon,
  • IL
  • (2020)
  • CDE(s): Advantage Capital, Enterprise Financial CDE
Working capital for National Railway Equipment, an independent supplier of new and remanufactured locomotives.
Learn more..