New Markets Tax Credit Coalition

  • Blue Island,
  • IL
  • (2023)

SMS

District: Jonathan Jackson (D-IL01)

Investment

  • NMTC Amount: $959,580
  • Total Project Cost: $959,580

IMPACT

  • 25 FTE jobs
  • 5 jobs created and 20 jobs retained.

CDEs

Project Description

SMS is a non-ferrous scrap metal processing facility that processes approximately 1900 tons of scrap metal per year. This project provided the funds needed for SMS to purchase a LINDER URRAKO 95-DK shredder. The timing of this purchase was advantageous for SMS as all other options had multi-month lead times.

MAP

Address: 3000 West 139th Street, Blue Island, IL 60406

Census Tract: 17031824300

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