Snak King

NMTC financing supported 192 jobs at a food manufacturer in Freeport, IL.

Investment

  • NMTC Amount: $14,000,000
  • Total Project Cost: $16,000,000

IMPACT

  • 192 FTE jobs
  • 80 construction jobs

Investor

Project Description

NMTC financing supported 192 jobs at a food manufacturer in Freeport, IL.

MAP

Address: 3133 South Industrial Drive, Freeport, IL 61032

Census Tract: 17177001200

Other Illinois Projects

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

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.

Financing for a 55,000 sq. ft. expansion and equipment upgrade to the Company’s existing auto parts manufacturing plant in Danville, IL.

The three combined QALICBs are producers of various paper products used in the restaurant and banking industries. This project provided the Companies with funds to refinance existing debt and with