The Pratt/Ridge TIF was created to enhance an industrial area occupied by S&C Electric Company, a manufacturer of electrical switching and protection equipment and one of the North Side’s largest employers. The 40-acre TIF encompasses 20 company buildings within the Rogers Park neighborhood. Revenue from the TIF is intended to support planned investments at the facility. Specific projects include the creation of an advanced technology center, new manufacturing and office buildings, a parking structure, and ongoing rehabilitation of existing structures. Investments are intended to improve plant efficiency and production capacity. Job training and environmental remediation costs are also supported by the TIF.