New Markets Tax Credit Coalition

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NuTek Natural Ingredients

Finances the expansion of NuTek’s manufacturing facility

Investment

  • NMTC Amount: $7,100,000
  • Total Project Cost: $22,700,000

IMPACT

  • 27 FTE jobs
  • 75 construction jobs

Investor

Project Description

Finances the expansion of NuTek Natural Ingredients, a global supplier of clean label ingredient solutions. The project includes updated facilities and additional equipment, expands their presence in the region, grows their workforce, and increases Research and Development, leveraging more local agricultural products to drive new product innovation. This expansion will create high-quality jobs.

MAP

Address: 1301 39th Street North, Fargo, ND 58102

Census Tract: 38017010107

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Finances the expansion of NuTek’s manufacturing facility