New Markets Tax Credit Coalition

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Serionix, Inc.

A major investment project is driving industrial growth and employment in Urbana, IL

Investment

  • NMTC Amount: $2,709,995
  • Total Project Cost: $4,009,995

IMPACT

  • 45 FTE jobs
  • 40 jobs created and 5 jobs retained

Project Description

Serionix is a developer and manufacturer of air filters which utilize a smart coating technology to remove odor-causing gasses from the air.The technology is particularly effective at removing the compounds responsible for dog and cat smells from the air in pet owners’ homes. the project provided Serionix with the working capital needed to facilitate further growth at the company and support additional hires.

Serionix, Inc. is an innovative air filtration company that manufactures technologically superior HVAC filters using smart coating technology.These patented filters not only remove airborne pet odors and toxic chemicals but also kill viruses, bacteria, and mold.A unique color-changing feature provides homeowners with a visual indicator of when to replace their filters, eliminating guesswork and saving money.This project provides growth capital to support Serionix’s expansion, including scaling production, entering new sales channels, and developing a high-performance MERV 13 filter capable of combating airborne viruses like COVID-19.

MAP

Address: 730 West Killarney Street, Urbana, IL 61801

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