Flex-N-Gate Effingham

Effingham, IL (2021)

Flex-N-Gate Effingham

Auto Manufacturing, Manufacturing

District:

International automotive parts manufacturer Flex-N-Gate moved into a 660,000 sq. ft. facility on South Banker Street in Effingham.

Investment

NMTC Amount: $37,500,000
Total Project Cost: $81,800,000

IMPACT

300 FTE jobs
274 construction jobs
660,000 sq. ft. of real estate

CDEs

Central States Development Partners, Cinnaire New Markets, FirstPathway Community Development, Legacy Economic Growth Fund, SCORE

Investor

Wells Fargo

https://www.youtube.com/watch?v=jfyV9RFqy6Q

Project Description

International automotive parts manufacturer Flex-N-Gate will be moving into a 660,000 sq. ft. facility on South Banker Street in Effingham that is currently managed by property developer Agracel. The Urbana-based company has announced plans to create 50 jobs within the next year and 300 jobs once its first phase of renovation is complete. “Flex-N-Gate continues to experience significant organic growth and we are delighted to announce our new manufacturing operation that will be located in the City of Effingham,” stated Bill Beistline, executive vice president of Metals Manufacturing and Procurement, in a press release.

MAP

Address: 2701 South Banker Street, Effingham, IL 62401

Census Tract: 17049950800