SPRINGFIELD, ILL. — Illinois Governor JB Pritzker announced that the state is investing $6 million in a new capital grant program to support independently owned meat processing companies in Illinois. The Meat & Poultry Supply Chain Capital Grant Program is intended to increase job retention and creation, improve meat processing production capacity, and strengthen the state’s supply chain.
“The Meat and Poultry Supply Chain Capital Grant Program is part of Illinois’ holistic effort to lower the costs of consumer goods for Illinois families,” Pritzker said. “By building capacity in Illinois’ meat processing industry, we are strengthening the supply chain, creating and retaining jobs and working to lower costs for families.”
Companies can receive funding for building, expanding, renovating and modernizing equipment. Covering up to 20% of capital costs for project expansions and improvements, the grants range anywhere from $250,000 to $1.5 million.
Pritzker added that the application process is open to any Illinois operator outside of the big four meat processing companies, but it prioritizes applicants located in underserved and rural areas.
“Leveling the playing field for independently-owned meat processing companies will ultimately improve the bottom line for Illinois families,” said Sylvia Garcia, director of the Illinois Department of Commerce and Economic Opportunity. “Under Governor Pritzker’s leadership, Illinois continues to prioritize creating a more equitable business environment that strengthens our supply chain and economic growth.”