Mason Manufacturing

New Markets Tax Credit Coalition

Decatur,
IL
(2010)

Mason Manufacturing

Business Development, Manufacturing

The NMTC helped preserve 35 high-paying jobs and transition a company to a new phase of growth.

Investment

NMTC Amount: $11,747,000
Total Project Cost: $12,772,828

IMPACT

35 FTE jobs

CDEs

Advantage Capital

Project Description

Advantage Capital’s investment in Mason Manufacturing, a steel fabricator manufacturing firm, helped sustain and expand the company’s business, preserving 35 high-paying jobs and transitioning the company to a new phase of growth.

MAP

Address: 1645 North Railroad Avenue, Decatur, IL 62524

Other Illinois Projects

Dot Foods Manufacturing

Mount Sterling,
IL
(2012)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Business Valued Advisor Fund

DOT Foods added 50,000 sq. ft. of freezer warehouse space to an existing distribution center.

Siegel Steel

Chicago,
IL
(2022)

Manufacturing

CDE(s): Chicago Development Fund

NMTC financing supports upgrades to a steel slitting line and other production equipment, purchase of an edger, and investment in an inventory program.

Salvation Army Freedom Center

Chicago,
IL
(2015)

Addiction Treatment, Behavioral Health, College or Vocational Training, Community, FQHCs, Healthcare, Recreation, Salvation Army, Shelters and Community Food, Vocational Training

CDE(s): Cinnaire New Markets, IFF

NMTC investment supports the Salvation Army Freedom Center Pathway Forward and Harbor Light Center.

Forty Acres Fresh Market

Chicago,
IL
(2023)

Grocery and Fresh Food

CDE(s): Chicago Development Fund

The construction of the city’s first Black female-owned grocery store will address the neighborhood’s food disparities.