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Illinois: Unveiling the Future of Digital Design and Manufacturing

Business Facilities

percent are in manufacturing, while nearly 20 percent are in the wholesale and retail sectors. Richelieu has leased a 115,000-square-foot manufacturing facility, and plans to employ 115 people. Wheeling-based businesses generate more than 20,000 jobs, attesting to the community’s economic strength. Of those jobs, 33.5

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State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. If applying for a transferable credit certificate, no more than half the credit may be applied in a single calendar year. The benefit depends on the tier of the county in which the company locates.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

Income 75