Lyon Group

Investment

  • NMTC Amount: $750,000
  • Total Project Cost: $750,000

IMPACT

  • 349 FTE jobs
  • 40 construction jobs
  • 40 jobs created and 309 jobs retained.
  • 17,120 sq. ft. of real estate

Investor

Project Description

Lyon manufacturers steel lockers, shelving, and cabinets, which it sells primarily to distributors and general contractors. Our financing supported equipment purchases, mainly related to the addition of two automated production lines for locker doors and frames. This equipment will allow the company to expand its capacity in anticipation of several new customers coming online.

MAP

Address: 475 N Veterans Parkway, Watseka, IL 60970

Census Tract: 17075950400

Other Illinois Projects

The new aquatic center features an eight lane swimming pool along with a recreational pool at the new Downtown YMCA, in Springfield, Ill. The new facility opened in 2020.

Finances the rehabilitation and modernization of a 121,316 sq. ft. metal casting foundry.

The project consists of the refinance of the Marquez School facility.
NMTC financing supported Bethany for Children & Families, a nonprofit with a mission to keep children safe, to strengthen families, and to build healthy communities.