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Funded Project Profiles
Company: Waste Recovery Inc. Location: Marseilles Amount of Bond: $2,895,000 Interest Rate: 5.4% floating Jobs: 40 jobs Type of Project: Manufacturing Bond Issued: August 1998 Project Overview Waste Recovery-Illinois, Inc (WRI) used bond financing to rebuild a facility in Marseilles, Illinois that was destroyed in a fire. The company processes discarded automobile tires into "Tire Derived Fuel" that is sold to power companies to blend with coal in the generation of electricity. The project retained 40 jobs. Return to Funded Project Profiles