New Markets Tax Credit Coalition

  • Mount Sterling,
  • IL
  • (2012)

Dot Foods Manufacturing

District: Mary Miller (R-IL15)

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

Investor

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

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