New Markets Tax Credit Coalition

Search
  • Elk Grove,
  • IL
  • (2017)

Belmont Sausage

District: Delia Ramirez (D-IL03)

Financing for a manufacturer of smoked meats.

Investment

  • NMTC Amount: $2,000,000
  • Total Project Cost: $2,000,000

IMPACT

  • 70 FTE jobs

CDEs

Investor

Project Description

Financing for a manufacturer of smoked meats, Belmont Sausage.

Belmont Sausage expanded their packaging operations for smoked meats, now offering affordable and competitively priced smoked meats packaged for retail and bulk wholesale operations worldwide.

MAP

Address: 2201 Estes Avenue, Elk Grove, IL 60007

Census Tract: 17031770500

Missing information? Submit an update or correction.

Other Illinois Projects

Kay Manufacturing Co
  • Calumet City,
  • IL
  • (2014)
  • CDE(s): Advantage Capital, Enterprise Financial CDE
Financing for a precision machining company that produces a diverse range of steel forgings for drive train components.
Learn more..
North Lawndale Employment Network
  • Chicago,
  • IL
  • (2020)
  • CDE(s): Chicago Development Fund
A vacant North Lawndale banking facility will be redeveloped as the new campus for the North Lawndale Employment Network through a $2.5 million Neighborhood Opportunity Fund grant approved by City
Learn more..
Lyon Group
  • Watseka,
  • IL
  • (2023)
  • CDE(s): Community Development Venture Capital Alliance

Lyon manufacturers steel lockers, shelving, and cabinets, which it sells primarily to distributors and general contractors. Our financing supported equipment purchases, mainly related to the addition of two automated production

Learn more..
Continental Tire (Mt. Vernon)
  • Mount Vernon,
  • IL
  • (2013)
  • CDE(s): Chase, Waveland Community Development
NMTC financing supported Continental Tire's $155 million expansion in Mt. Vernon, IL.
Learn more..