New Markets Tax Credit Coalition

Tommy Car Wash Systems

Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in NMTC allocation.

Investment

  • NMTC Amount: $13,000,000
  • Total Project Cost: $30,600,000

IMPACT

  • The project is creating 146 quality (living wage) jobs, with the majority of those available to individuals with less than a 4-year degree.

Project Description

Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in NMTC allocation. Cinnaire, in partnership with Michigan Community Capital (MCC), Huntington Bank, and Fifth Third Bank, provided financing to support the $32.6 million development.

MAP

Address: Waverly Road, Holland, MI 49423

Census Tract: 26005032401

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Financing for a soda distributor and bottler, Towne Club Bottling.
Dégagé Ministries is expanding its current facility and services with the help of funding from Michigan Community Capital.
Hamtramck Recycling transformed a vacant building into a new, state-of-the-art, 32,000 sq. ft. recycling and transfer center.

The Ribbon is a direct output of Invest Detroit’s Strategic Neighborhood Fund (SNF) efforts in the East Warren Commercial Corridor. The Ribbon will help catalyze the neighborhood’s revitalization efforts, directly