New Markets Tax Credit Coalition

  • Danville,
  • IL
  • (2019)

Flex-N-Gate Plastics

District: Robin Kelly (D-IL02)

Financing for a 55,000 sq. ft. expansion and equipment upgrade to the Company’s existing auto parts manufacturing plant in Danville, IL.

Investment

  • NMTC Amount: $17,000,000
  • Total Project Cost: $27,871,069

IMPACT

  • 314 FTE jobs
  • 70 construction jobs
  • 55,000 sq. ft. of real estate

CDEs

,

Investor

Project Description

Financing for a 55,000 sq. ft. expansion and equipment upgrade to the Company’s existing auto parts manufacturing plant in Danville, IL. The $27.2 million project makes the existing manufacturing facility more competitive and enables the company to fulfill newly awarded parts supply contracts from its customers.

External Profile

MAP

Address: 3403 Lynch Creek Drive, Danville, IL 61834

Census Tract: 17183011200

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