New Markets Tax Credit Coalition

  • Mount Vernon,
  • IL
  • (2020)

National Railway Equipment Co.

District: Mike Bost (R-IL12)

Working capital for National Railway Equipment, an independent supplier of new and remanufactured locomotives.

Investment

  • NMTC Amount: $10,346,712
  • Total Project Cost: $11,301,788

IMPACT

  • 308 FTE jobs

CDEs

,

Investor

Project Description

National Railway Equipment is an independent supplier of new and remanufactured locomotives. The project provided the Company with funds to consolidate existing debt to allow for better cash flow.

MAP

Address: 908 Shawnee Street, Mount Vernon, IL 62864

Census Tract: 17081051100

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