Peerless of America, LLC

New Markets Tax Credit Coalition

Effingham,
IL
(2024)

Peerless of America, LLC

Manufacturing

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

Advantage Capital

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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