New Markets Tax Credit Coalition

Lions Volunteer Blind Industries

Investment

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

IMPACT

  • 224 FTE jobs
  • 7 construction jobs
  • 75 jobs created and 149 jobs retained.
  • 218,000 sq. ft. of real estate

Investor

Project Description

Lions’ mission is to assist visually impaired individuals in achieving personal and economic “independence through employment.” Its program hinges around therapeutic value of work. Its state-of-the- art manufacturing facilities provide employment opportunities to visually impaired individuals with a variety of skill levels, challenging workers with differing degrees of capabilities. The NMTC financing enabled the borrower to expand its operations into Middle Tennessee, which will result in hiring approximately 75 New FTEs. 100% of such FTEs will benefit from Quality Jobs and Living Wages. 100% of jobs will be accessibility to LIPs who are visually impaired. Lions operates Morristown and Chattanooga, TN manufacturing facilities.

MAP

Address: 758 West Morris Boulevard, Morristown, TN 37813

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