Flex-N-Gate Plastics

Danville, IL (2019)

Flex-N-Gate Plastics

Auto Manufacturing, Business Development, Manufacturing, Plastics and Chemicals

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

Central Bank of Kansas City, FirstPathway Community Development

Investor

Unknown

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.