New Markets Tax Credit Coalition

  • Holland,
  • MI
  • (2021)

Hudsonville Creamery

District: Bill Huizenga (R-MI04)

Purchase, installation and operation of new equipment in an ice cream manufacturing facility in Holland, MI.

Investment

  • NMTC Amount: $16,750,000
  • Total Project Cost: $21,850,466

IMPACT

  • 138 FTE jobs
  • Project supports the expansion of food and agriculture processing and overall growth in the industry; project and local partnerships are driving catalytic investment for a new food packing, unrelated, headquarters.
  • 40,000 sq. ft. of real estate

CDEs

,

Investor

Project Description

Michigan Community Capital’s NMTC allocation supported the expansion and major upgrade of the Hudsonville Creamery and Ice Cream facility. Hudsonville Creamery, in operation for more than 95 years, that produces ice cream and other frozen desserts, began as dairy farmers cooperative in West Michigan. The 40,000 sq. ft. expansion allows Hudsonville Creamery to expand production with the installation of new manufacturing lines and upgraded refrigeration systems. Total development cost exceeds $85 million an created 41 permanent living wage FTEs.

External Profile
External Profile 2

MAP

Address: 345 East 48th Street, Holland, MI 49423

Census Tract: 26005032401

Missing information? Submit an update or correction.

Other Michigan Projects

Presbyterian Villages of Michigan
  • Westland,
  • MI
  • (2023)
  • CDE(s): Capital Impact Partners, USBCDE
Capital Impact Partners provided loans totaling $8.4 million ($8.7 million NMTC allocation) for the renovation and expansion of an approximately 6,000 sq. ft. building into an approximately 23,300 sq. ft.
Learn more..
Argonaut
  • Detroit,
  • MI
  • (2008)
  • CDE(s): Capital Impact Partners, Consortium America, Enterprise Community Partners, Local Initiatives Support Corporation, National New Markets Fund, USBCDE
Conversion of a historic GM building into a 760,000 sq. ft. mixed-use educational facility.
Learn more..
McClellan Early Childhood Education Center
  • Detroit,
  • MI
  • (2023)
  • CDE(s): Chase
McClellan ECE involves the development of a new, 14,000 sq. ft. early childhood education (ECE) facility in Detroit, Michigan. The project will be utilized as a Head Start Facility for
Learn more..
Mott Community College Culinary Arts Facility
  • Flint,
  • MI
  • (2017)
  • CDE(s): Chase, Cinnaire New Markets
New Culinary Arts School Provides Educational Opportunities and Revitalization in Downtown Flint, Michigan
Learn more..