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CHICAGO-Damron Corp. will receive a $5.5-million loan through city-backed industrial revenue bonds to rehab its building at 4433 W. Ohio St. on the West Side. The minority-owned company will reinforce the building’s floor and buy equipment to be used to make plastic silverware for sale to McDonald’s Corp. for the fast-food chain’s McFlurries.

The bond issue is subject to city council approval but is one of several initiatives being backed by Mayor Richard M. Daley to add and retain jobs within the city limits. The bond issue will keep 14 jobs at the plant while adding another 18.

Located less than a half-mile from the Brach & Brach Confectionary plant that is being closed by the candy maker, the property in the West Garfield Park neighborhood includes a 46,400-sf one-story industrial building constructed in 1972 on 2.2 acres. Property tax records also indicate the property was acquired in 1994 for $1.18 million.

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