DANVILLE, IL  - Architectural millwork firm T.h. Snyder will receive $450,000 in tax increment finance funding from the City of Danville, Illinois to relocate to a new building near the town's center.

A redevelopment agreement between the city and T.h. Snyder, which has been operating in Danville since 1921, was approved by the council earlier this week. Funding will be provided by the city's Midtown tax increment financing district fund, to assist T.h. Snyder in acquiring a  building on Danville's Oak Street, reports the Danville News Gazette.

T.h. Snyder Company, a member of the Architectural Woodwork Institute, it fabricates and installs premium quality custom woodwork for commercial and residential properties. T.h. Snyder says it handles projects valued at $1 million or more. Project managers, estimators, CAD engineers and installers are supported by woodworking craftsmen operating within T.h. Snyder's 35,000 square foot manufacturing facility.