Coal Valley’s Revolute Machine LLC is set to modernize its operations with a $250,000 Trinity pallet delivery system. The ambitious plan received the green light from the Henry County Board and BankORION, who approved a $75,000 loan from the Rural Revolving Loan Fund. This technological investment not only safeguards three existing jobs at the firm (formerly known as LMB Machine LLC) but is expected to create three new full-time roles. Revolute’s name change represents the firm’s shifting manufacturing identity, underscored by this move toward automation. Owners Brad Goddard and Lisa McDowell’s roots in the business go back to the late 1990s with their family machine shop, giving both Brad and Lisa their introduction to manufacturing.
A fresh wave of relaxation is set to wash over Colona, as Jennifer Fecht prepares to open the Midwest Massage Therapy & Wellness Center on Route 6 in Stonebridge. With financial backing from the Henry County Board, BankORION, and the Small Business Administration, the center is predicted to launch its services in mid-spring. Expect to find red light therapy, a therapy salt room, and weight loss programs that provide an array of wellness options. The center’s completion marks the latest success for the Rural Revolving Loan Fund, promoting growth and prosperity in the region. Your next stress-relief solution could be just around the corner! In addition to her current four employees, Jennifer will create an additional 12 new positions.
The Henry County Rural Revolving Loan Fund Program (RRLF) operates two separate funds and has made 95 loans totaling $6.1 million on our legacy fund, and 35 loans totaling $1.2 million from our economic development fund, which have in return created and retained a combined 1,498 jobs in the Henry County, Illinois, workforce. The RRLF funds are available to any new or existing business within Henry County. For more information on the Henry County RRLF programs, contact Jim Kelly, Henry County Economic Development Director and RRLF Loan Administrator, at 309-937-3410.
