New Markets Tax Credit Coalition

Search
  • Blue Island,
  • IL
  • (2023)

SMS

District: Jonathan Jackson (D-IL01)

Investment

  • NMTC Amount: $959,580
  • Total Project Cost: $959,580

IMPACT

  • 25 FTE jobs
  • 5 jobs created and 20 jobs retained.

CDEs

Project Description

SMS is a non-ferrous scrap metal processing facility that processes approximately 1900 tons of scrap metal per year. This project provided the funds needed for SMS to purchase a LINDER URRAKO 95-DK shredder. The timing of this purchase was advantageous for SMS as all other options had multi-month lead times.

MAP

Address: 3000 West 139th Street, Blue Island, IL 60406

Census Tract: 17031824300

Missing information? Submit an update or correction.

Other Illinois Projects

Rowe Foundry Rehab
  • Martinsville,
  • IL
  • (2021)
  • CDE(s): The Valued Advisor Fund

Finances the rehabilitation and modernization of a 121,316 sq. ft. metal casting foundry.

Learn more..
Burritt Building
  • Elgin,
  • IL
  • (2016)
  • CDE(s): Enterprise Financial CDE
This rehabilitated and remodeled office space is now the nicest in Elgin, Illinois and is poised to attract additional foot traffic and economic development to the city.
Learn more..
Imperial Zinc Corporation Project 2
  • Chicago,
  • IL
  • (2022)
  • CDE(s): USBCDE

Finances the construction of a 49,000 sq. ft. zinc processing facility in Chicago’s Pullman neighborhood to replace a 32,000 sq. ft. building that burned down last year.

Learn more..
UNO Marquest Charter School
  • Chicago,
  • IL
  • (2011)
  • CDE(s): Local Initiatives Support Corporation
The project consists of the refinance of the Marquez School facility.
Learn more..