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  • Effingham,
  • IL
  • (2024)

Peerless of America, LLC

District: Mary Miller (R-IL15)

A specialized equipment manufacturer grew its footprint and added jobs in Effingham, IL

Investment

  • NMTC Amount: $5,000,000
  • Total Project Cost: $6,400,000

IMPACT

  • 130 FTE jobs
  • 50 jobs created and 79.5 jobs retained

CDEs

Project Description

Peerless of America specializes in manufacturing aluminum extrusions particularly for use in heat transfer applications within aerospace, automotive, off-road truck, heavy equipment and residential and commercial refrigeration industries. the company currently serves many blue-chip OEMs. the project refinanced the company’s existing debt and provided the company with working capital.

MAP

Address: 1201 West Wabash Avenue, Effingham, IL 62401

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