T|CCI Manufacturing Awarded Illinois'' First Reimagining Electric Vehicle Tax Incentive to Support Major Investments in Transportation Manufacturing and Infrastructure T|CCI''s Additional $20M Investment will Establish EV Innovation Hub Including a Groundbreaking Climatic Center for Innovation and Research DECATUR, Ill. , Sept. 9, 2022 |PRNewswire-PRWeb| -- T|CCI Manufacturing, a global leader for compressor technology, has received Illinois'' first Reimagining Electric Vehicle ("REV Illinois") Tax Incentive package established by Governor J.B. Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO). To further the state''s goal of developing a world-leading Electric Vehicle Innovation Cluster, T|CCI is being awarded the first REV Illinois tax credit to support significant efforts in component manufacturing, innovation, and workforce development. T|CCI will invest over $20 million to retool its Decatur, Illinois facility to transition to electric compressor manufacturing, which will create more than 50 new jobs, while retaining 103 positions of its current workforce for a minimum total of 150 positions. As part of the larger incentive package, the State of Illinois has granted $15.3 million to Richland Community College and $6 million to the City of Decatur in capital grants to create an EV Innovation Cluster at T|CCI''s global headquarters in Illinois . "This is a significant moment for T|CCI, the City of Decatur and the State of Illinois , as we embark on new programs to transition our industry toward widespread electrification," said Richard Demirjian , President of T|CCI Manufacturing. "T|CCI is recognized in the industry as a leader in compressor technology, already having developed the largest range of EV compressors in the market.