Tiger Fiber

Investment

  • NMTC Amount: $7,000,000
  • Total Project Cost: $7,000,000

IMPACT

  • 90 FTE jobs

Investor

Project Description

Tiger Fiber, Inc. to expand its operations in Sauget, Illinois after closing on $7 million in tax credit financing. Tiger Fiber, Inc., a St. Louis-based industrial hemp fiber processor, will expand operations at its Sauget, Illinois facility using $7 million in New Markets Tax Credits. With the new financing, Tiger Fiber will be able to add new equipment and inventory to meet growing demand. The facility’s expansion will also create 90 full-time living wage jobs and estimates that its growth will create another 90 indirect jobs within the industrial hemp industry.

MAP

Address: Sauget Business Boulevard, Sauget, IL 62206

Census Tract: 17163502603

Other Illinois Projects

Social service provider for low-income families. Project supports the major renovations and program expansion at two MFS facilities. Major upgrades and 5,000 sq. ft. expansion to create a modern 18,600

Baum Revision, LLC is a real estate development company based in Chicago, Illinois. It is acquiring and rehabilitating two industrial properties at 3333 W. Lake St and 3843 W. Lake

The construction of the city’s first Black female-owned grocery store will address the neighborhood’s food disparities.

This project will finance the build out and equipment purchases for an existing medical imaging center in Rock Falls, IL. The facility will offer non-invasive imaging services and testing. Additionally,