UP Paper

NMTC financing supported equipment upgrades for a recycled paper manufacturer and paper mill. The new financing supported the ongoing development and improvement of the Manistique-based paper company’s operations. The refinancing consisted of two components: an allocation of Federal New Markets Tax Credits from Michigan Community Capital, which provides favorable terms for businesses investing in defined […]

Verso Paper Mill

The project includes equipment and facility upgrades to a paper mill in Quinnesec, MI.

East Jordan Foundry

Financing for the acquisition and installation of equipment for a metal casting facility, East Jordan Iron Works.

American Processing Inc

American Process, Inc., utilized NMTCs to create 20 new jobs for a biorefinery project at its Alpena, Michigan plant site.