Featured:

National Railway Equipment Co.

Mount Vernon, IL (2020)

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

COMMUNITY IMPACT
  • 308 FTE jobs
FINANCING SOURCES
  • NMTC amount: $10,346,712
  • Total Project Costs: $11,301,788
  • CDE:
PROJECT LOCATION

908 Shawnee Street

Mount Vernon, IL 62864

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.