Search
YouTube Instagram
  • Chicago,
  • IL
  • (2011)

Tesla Produce

District: Jesús García (D-IL04)

Financing for a family-owned wholesale distributor of fresh produce as well as frozen, canned and specialty items.

Investment

  • NMTC Amount: $6,958,000
  • Total Project Cost: $23,120,606

IMPACT

  • 160 FTE jobs
  • 114 construction jobs
  • 91,300 sq. ft. of real estate

CDEs

Investor

Project Description

Financing for a family-owned wholesale distributor of fresh produce as well as frozen, canned and specialty items. The NMTC supported the construction of a 91,300 sq. ft. distribution center in the Stockyards Industrial Corridor. The facility is the first of its kind to achieve LEED-platinum certification, and it includes a large wind turbine to generate electricity, a grey water system to reuse wastewater on-site, hot water solar panels, PV solar panels, an extensive green roof, rainwater harvesting and daylight harvesting. The project created/retained 160 permanent jobs. The facility opened in 2011.

External Profile

MAP

Address: 4555 South RACINE Avenue, Chicago, IL 60609

Census Tract: 17031842600

Missing information? Submit an update or correction.

Other Illinois Projects

SMS
  • Blue Island,
  • IL
  • (2023)
  • CDE(s): Advantage Capital

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

Learn more..
Safety Storage Inc.
  • Charleston,
  • IL
  • (2021)
  • CDE(s): Advantage Capital, Community Development Venture Capital Alliance

Safety Storage is a manufacturer of custom modular hazardous material storage and containment systems. The Company’s customers come from the agricultural industrial, military, and laboratory industries. The project provided the

Learn more..
Altorfer CAT Rental
  • East Peoria,
  • IL
  • (2013)
  • CDE(s): Business Valued Advisor Fund
NMTC financing supported a heavy construction equipment rental company.
Learn more..
PBT Acquisition LLC
  • East St. Louis,
  • IL
  • (2023)
  • CDE(s): Advantage Capital

PBT Acquisition, LLC (“PBT”) is a joint venture between Kataman Metals and Environmental Operations, Inc., created for the acquisition and remediation of approximately 271 acres of land in St. Clair

Learn more..