Richard-Wilcox, Inc.

Aurora,
IL
(2024)

Richard-Wilcox, Inc.

Manufacturing

A renovated community space in Aurora, IL is now home to youth and education programs

Investment

NMTC Amount: $10,000,000
Total Project Cost: $14,666,161

IMPACT

127 FTE jobs

CDEs

FirstPathway Community Development

Investor

US Bank

Project Description

Richards-Wilcox, Inc. the or RWI is requesting a $10 million of NMTC from FirstPathway Community Development FPCD for the rehabilitation and the purchase and installation of equipment to upgrade and expand a hardware, storage solutions, and conveyor systems manufacturing facility the project.The total project cost is approximately $10 million.RWI intends to create and retain 127 full-time jobs over the seven year compliance period, 94 of which are anticipated to be accessible to individuals with a high school diploma or less.Employees are expected to earn an average of $29.61/hr and are accompanied by a comprehensive benefits package.Additionally, 72 production positions are unionized and accessible to individuals with only a high school diploma.

MAP

Address: 600 South Lake Street, Aurora, IL 60506

Other Illinois Projects

Flex N’ Gate Effingham

Effingham,
IL
(2021)

Auto Manufacturing, Manufacturing

CDE(s): Central States Development Partners, Cinnaire New Markets, FirstPathway Community Development, Legacy Economic Growth Fund, SCORE

Upgrades made to a manufacturing facility could expand its imprint from 500 employees to up 1,200 employees.

JAZZ @ WALTER CIRCLE

East Saint Louis,
IL
(2010)

Adult Education, Affordable Housing, College or Vocational Training, Community, Grocery and Fresh Food, Healthcare, Mixed-use, Retail, Retail and Commercial, Solar

CDE(s): Hampton Roads Ventures

Jazz at Walter Circle is a four-story mixed-use facility that includes 74 apartments for senior citizens.

Erie Health Outreach Waukegan

Waukegan,
IL
(2014)

Behavioral Health, Community, Dental Services, FQHCs, Healthcare

CDE(s): Enterprise Community Partners

Erie Family Health Center, Inc. renovated a former bank building to create a new 25,500-square-foot community health center in Waukegan, Ill.

PMI Aerospace, Inc.

Rockford,
IL
(2024)

Manufacturing

CDE(s): Advantage Capital

A major investment project is driving industrial growth and employment in Rockford, IL