New Markets Tax Credit Coalition

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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

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