A 31,000 sq. ft. expansion of Claflin University’s Jonas T. Kennedy Health and Physical Education Center to a full-service Health and Wellness Center Complex with both a new indoor and
CDE(s):South Carolina Community Loan Fund, The Reinvestment Fund
NMTC financing supported the adaptive reuse of a 50 year abandoned African American hospital which will be converted by Allen University, an HBCU, into a multi-use facility.
Sarla Performance Fibers, based out of Mumbai, India, began the expansion of a new polyester yarn and thread manufacturing facility in rural South Carolina in early 2013.
The project included the ground up construction of the facility, including the necessary equipment and working capital to get a recreation business started.
CDE(s):Midwest Renewable Capital, Rural Development Partners
NMTCs were leveraged to build two identical 21 MW biomass generation facilities which will convert wood pulp and debris into electricity for use throughout South Carolina.
CDE(s):Chase, CRFUSA, Grow America, People Incorporated Financial Services, Urban America
NMTC equity allowed Continental Tire to expand their North American operations in the United States, rather than in another part of North America or South America.