Tennant Truck Lines Inc. plans to invest $2.1 million to build a 20,000 square foot outpost in Colona, Illinois, east of Moline, which will combine three existing facilities in the Quad Cities area. The expansion will provide a modernized, central location for employees and positions the trucking firm, allowing the company to hire 30 additional employees.
“Tennant has grown the company from 75 employees in 2009 to over 200 employees in 2013,” said Aaron Tennant, CEO of the trucking company. “Tennant Truck Lines has been able to focus on a comprehensive investment in promoting professional truck driver image and respect at a state and nationwide level along with providing a solid footprint and service offering across the Mid-Atlantic.
Department of Commerce and Economic Opportunity provided Tennant Truck Lines, which serves the Mid-Atlantic, Southeast and Midwest, with Economic Development for a Growing Economy tax credits worth up to $1.1 million over 10 years, based on job creation.
Approximately three out of every four workers in Illinois are employed by a small business, according to state employment data. Governor Pat Quinn said “small business means big business. As our state continues to recover from the great recession, we must always do all we can to boost economic growth and job creation."