New Markets Tax Credit Coalition

PUBCO/Kroy

Expansion of PUBCO's operations and its manufacturing operations and capacity at its industrial campus in inner-city Cleveland by purchasing and installing new state-of-the-art equipment.

Investment

  • NMTC Amount: $22,861,941
  • Total Project Cost: $23,000,000

IMPACT

  • 223 FTE jobs

Investor

Project Description

Since its founding in 1896 as PUBCO Carbon and Ink, PUBCO has been helping businesses put ink on paper. Now a label manufacturing firm, PUBCO has a tradition and reputation of a commitment to customer service, internal quality control and continuous improvement. PUBCO is proposing to expand its manufacturing operations and capacity at its industrial campus in inner-city Cleveland by purchasing and installing new state-of-the-art equipment and to initiate the new liner-less label market in North America. The new equipment will create at least 50 new jobs, adding to the existing 173 full time jobs at Kroy. Kroy has a strong record of hiring and training the less fortunate including homeless people, formerly incarcerated and veterans.

MAP

Address: 3830 Kelley Avenue, Cleveland, OH 44114

Census Tract: 39035108301

Other Ohio Projects

The Youngstown YMCA renovated nearly 20,000 square feet of its 100 year old downtown Central YMCA creating modified spaces for continuing its transformational work in providing healthy living, youth development,
New construction of a 15,000 sq. ft. community-centered co-op grocery store in a food desert in Dayton, Ohio.
A food manufacturing facility increased local production and added jobs in Cleveland, OH

The 5-story Fairmont Creamery was constructed in 1930 and has been vacant since 1980. In addition to providing much needed housing and commercial space for the neighborhood, the redevelopment of