Dot Foods Manufacturing

Mount Sterling,
IL
(2012)

Dot Foods Manufacturing

Business Development, Food Manufacturing, Manufacturing, Rural

DOT Foods added 50,000 sq. ft. of freezer warehouse space to an existing distribution center.

Investment

NMTC Amount: $19,800,000
Total Project Cost: $19,800,000

IMPACT

50 FTE jobs
193 construction jobs
50,000 sq. ft. of real estate

CDEs

Business Valued Advisor Fund

Investor

Chase

Project Description

DOT Foods added 50,000 sq. ft. of freezer warehouse space to an existing distribution center in Mt. Sterling, IL. The project entailed a $16,000,000 investment in a newly constructed distribution center for healthy food and other food products in a non-metro Low Income Community. The project also added 50 permanent well-compensated jobs ($43,000 average salary) and 193 construction jobs. The closing of DOT Foods, Inc. advanced Central States capacity as a CDE, and opened the door to new opportunities for Central States.

MAP

Address: 1 Dot Way, Mount Sterling, IL 62353

Census Tract: 17009970500

Other Illinois Projects

PCC Wellness

Chicago,
IL
(2016)

Behavioral Health, Community, FQHCs, Healthcare

CDE(s): BMO Harris

NMTC financing helped an FQHC hire additional personnel, open a new, school-based clinic site, and make an electronic software upgrade throughout the network of health centers.

Bend XPO

East Moline,
IL
(2020)

Community, Mixed-use, Nonprofit Hub, Retail, Theaters and Performing Arts Spaces

CDE(s): Central States Development Partners, Consortium America, Enhanced Capital

Construction of a 100,000 sq. ft. events and community center which provides space for local nonprofits, tractor and machinery auctions, and adaptable space to host regional sporting and local corporate

Burritt Building

Elgin,
IL
(2016)

Business Development, Office

CDE(s): Enterprise Financial CDE

This rehabilitated and remodeled office space is now the nicest in Elgin, Illinois and is poised to attract additional foot traffic and economic development to the city.

Forty Acres Fresh Market

Chicago,
IL
(2023)

Grocery and Fresh Food

CDE(s): Chicago Development Fund

The construction of the city’s first Black female-owned grocery store will address the neighborhood’s food disparities.