Tee Group Films

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

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,854,303

IMPACT

  • 43 FTE jobs
  • 62 construction jobs
  • 8 jobs created and 35 jobs retained

Investor

Project Description

Tee Group Films, Inc.Tee Group or the is seeking $10 million of NMTC NMTCs allocation from First Pathway Community Development FPCD.NMTCs will be utilized for the acquisition of equipment assets for new plastic extrusion lines and to provide working capital for operations of a cast plastic film manufacturer located within a rural, severely distressed census tract in Ladd, IL the project.According to the, the project will create 8 new FTEs and retain 35 FTEs. 100% of positions are expected to be quality jobs and 100% will be accessible to Low-Income Persons LIPs.As a result, the NMTCs will help the expand its manufacturing capabilities, increase employment opportunities, and positively impact the low-income community.

MAP

Address: 605 North Main Avenue, Ladd, IL 61329

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