Rockford manufacturer benefits from Made in Illinois grant

ROCKFORD, Ill. (WTVO) — A Rockford manufacturer will benefit from $1.3 million in new funding supplied by the state’s Made in Illinois grant program.

Imperial Punch & Manufacturing, at 2016 23rd Avenue, will receive $50,000 in grants made available for small and mid-size manufacturers.

“Made in Illinois is a program designed to drive innovation and growth in Illinois’ critical manufacturing sector,” State Senator Steve Stadelman said. “Illinois is an international manufacturing hub, but smaller businesses that make up the hub need a boost to attract capital or add jobs, which pays dividends in developing local and state economies overall.”

Imperial Punch manufactures tooling for the fastening, extruding, and metal stamping industry.

The company was among 29 recipients of the $1.3 million capital grant funding.

“Illinois is a globally-recognized manufacturing hub and the Made in Illinois Program is designed to support the small and mid-size manufacturers that make up a crucial part of our economy,” said Gov. JB Pritzker. “This grant program helps companies access resources to become more competitive, enhance economic development, attract capital, and bring jobs to communities across the state. I look forward to seeing how these manufacturers utilize the program to advance innovation in their field.”