Continental Tire (Mt. Vernon)

New Markets Tax Credit Coalition

Mount Vernon,
IL
(2013)

Continental Tire (Mt. Vernon)

Business Development, Manufacturing

NMTC financing supported Continental Tire's $155 million expansion in Mt. Vernon, IL.

Investment

NMTC Amount: $21,000,000
Total Project Cost: $155,772,104

IMPACT

100 FTE jobs
97 construction jobs

CDEs

Chase, Waveland Community Development

Investor

Chase

Project Description

NMTC financing from Chase and Waveland supported Continental Tire’s $155 million expansion in Mt. Vernon. The expansion created 100 new jobs.

MAP

Address: 11525 North Illinois Highway 142, Mount Vernon, IL 62864

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