Intellihot to Assemble Product in Galesburg

By WEEK Producer

December 20, 2010 Updated Dec 20, 2010 at 7:46 PM CDT

The city of Galesburg is finally getting some new jobs. Intellihot Green Technology Inc. will start an assembly operation in Galesburg that will produce a new innovative tankless water heater.

The company is getting some financial support from the state along with a nearly 2-and-a half million dollar loan package from the city of Galesburg, F&M Bank and the Small Business Administration.

Intellihot will be the first tenant in the Sustainable Business Center located on Main Street.

The company will provide 45 jobs within two years and could grow to 144 within four years.

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