Food Manufacturing

Blue Moose

Lafayette,
CO
(2022)

Food Manufacturing

CDE(s): Greenline Ventures

NMTC financing supported facility renovation/capacity expansion for a manufacturer

Pretzel Baron

Cincinnati,
OH
(2019)

Food Manufacturing

CDE(s): Finance Fund

Pretzel Baron, a 100-year old Ohio pretzel manufacturer, acquired, assembled and installed equipment in its facility for the purpose of expanding its operations and adding a second production line, which

Hudsonville Creamery

Holland,
MI
(2021)

Food Manufacturing

CDE(s): Michigan Community Capital, PNC

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

Birds Eye Peas

Waseca,
MN
(2021)

Food Manufacturing

CDE(s): CRFUSA, Midwest Minnesota CDC, Waveland Community Development

Financing for a rural manufacturing/production facility that processes and packages pea for national distribution.

Wayne Farms and Laurel Fresh Production Facility

Laurel,
MS
(2020)

Food Manufacturing

CDE(s): Capital One, MuniStrategies

Poultry producer and processor Wayne Farms is investing $16.9M in the expansion of its Laurel Fresh Production Facility in Mississippi, US.

Jack Links Beef Jerky Manufacturing and Water Treatment Facility

Alpena,
SD
(2012)

Food Manufacturing, Manufacturing, Waste Management, Water Management

CDE(s): Chase, Dakotas America, Midwest Minnesota CDC

Demand for beef jerky was rising, and the Jack Link’s upgraded plant in Alpena answered the call. Link Snacks Inc., or LSI, which produces Jack Link’s products, completed a 26,000

Reser’s Fine Foods, Inc

Topeka,
KS
(2019)

Food Manufacturing

CDE(s): Central Bank of Kansas City, Dudley Ventures

The repurposing and equipping of a vacant food manufacturing plant into a baked foods facility.

Castellucci Hospitality Group

Johns Creek,
GA
(2021)

Food Manufacturing, Manufacturing

CDE(s): United Fund Advisors

In order to expand production and create more high-quality jobs, Castellini constructed a new 180,000 sq. ft. refrigerated processing and distribution facility that includes 20,000 sq. ft. of LEED-certified office

Towne Club Bottling Co

Detroit,
MI
(2018)

Beverages, Food Manufacturing, Manufacturing

CDE(s): Midwest Industrial Redevelopment Fund

Financing for a soda distributor and bottler, Towne Club Bottling.

Chobani

New Berlin,
NY
(2011)

Food Manufacturing, Manufacturing

CDE(s): Bank of America, CDF Development (Cordish), Dudley Ventures, Ecotrust, Empire State Development Corporation, Solomon Hess SBA Loan Fund

The renovation and equipping of a 70,000 sq. ft. facility in New Berlin, a highly distressed rural part of upstate New York.

Tyson Foods

Storm Lake,
IA
(2019)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Iowa Community Development

Tyson Foods opens $50 million feed mill

Southern Champion Tray

Chattanooga,
TN
(2021)

Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): AMCREF Community Capital, MuniStrategies, National New Markets Fund, Southern Community Capital, Truist

In December 2021, AMCREF Community Capital provided $9 million of NMTC financing to Southern Champion Tray, a 94-year-old sustainable paperboard packaging converter specializing primarily in food packaging for the grocery,

Chem Processing Inc.

Rockford,
IL
(2017)

Food Manufacturing, Manufacturing

CDE(s): Central States Development Partners

Expansion of existing commercial building for a chem manufacturer Central States provided $2.2 million in New Market Tax Credit financing to support a 35,000 sq. ft. new manufacturing and warehouse

Ogaakaaning Wild Rice

Bemidji,
MN
(2021)

Food Manufacturing, Manufacturing, Timber and Agriculture

CDE(s): Travois, USBCDE

Red Lake Inc., an economic development enterprise of the Red Lake Band of Chippewa Indians, and its subsidiary, Ogaakaaning Wild Rice LLC, expanded its wild rice business to better serve

Independent Record

Helena,
MT
(2021)

Beverages, Historic Rehabilitation, Mixed-use, Retail

CDE(s): Mofi

The project is the remediation and rehabilitation of a 22,000 sq. ft. blighted and vacant downtown building into commercial office and retail space that will include co-working space, an archtecture

Izzy’s Ice Cream

Minneapolis,
MN
(2012)

Business Development, Food Manufacturing, Manufacturing, Retail

CDE(s): University Financial Corp.

A purpose-built ice cream kitchen designed by award-winning Minnesota architect David Salmela - is taking shape across and up the Mississippi in a lot just across Gold Medal Park from

Westover Farms

Steelville,
MO
(2013)

Business Development, Community, Food Manufacturing, Manufacturing, Recreation, Rural

CDE(s): Heartland Regional Investment Fund

NMTC financing supported Westover Farms, a recreational and lodging facility that also processes and sells fresh caught trout.

Delta Peanut

Kennett,
MO
(2021)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Community Development Venture Capital Alliance, Hampton Roads Ventures, Heartland Renaissance Fund

The construction of a peanut processing plant that allows Delta Peanut, a cooperative of 73 family-owned peanut farms, to process and directly sell its peanuts, rather than outsourcing this activity

Sweet Potato Processing Facility

Delhi,
LA
(2010)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Bluehub

NMTC project provides area residents a place to work and 275 jobs.

Highlight Center

Minneapolis,
MN
(2015)

Beverages, Business Development, Community, Food Manufacturing, Incubator, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): University Financial Corp.

The transformation of a brick building at 807 Broadway Street in Northeast Minneapolis into modern-day business park.

Rich Products

Missouri City,
TX
(2024)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Dudley Ventures, National New Markets Fund

The NMTC supported Rich Products’ new state-of-the-art frozen dessert processing center is located in Missouri City, Texas.

Westgate 200

Saint Charles,
MO
(2019)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Central Bank of Kansas City

Construction of a 200,000 sq. ft. warehouse/distribution center.

Lakeshore Community Health Care

Sheboygan,
WI
(2017)

Adult Education, College or Vocational Training, Community, Food Manufacturing, FQHCs, Healthcare, Manufacturing, Mixed-use, Retail

CDE(s): Chase, Primary Care Development Corporation

NMTC financing supported improvements on 3 properties including healthy food production, employment training, retail, adult day services, and federally qualified health center provind urgent care.

Rockwood Food Market Hall

Grisham,
OR
(2020)

Business Development, Community, Culinary Entrepreneurship, Food Manufacturing, Grocery and Fresh Food, Incubator, Manufacturing

CDE(s): Capital One, Craft3

Construction of a 38,740 sq. ft. Food Market Hall dedicated to local food and entrepreneurial food vendors.

Anderson Meats and Processing

Hartsville,
TN
(2020)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Advantage Capital

Funds for the construction of the facility, equipment purchase, as well as providing working capital to cover the business's intial opening expenses.

Center for Food Education

Birmingham,
AL
(2020)

Adult Education, College or Vocational Training, Community, Food Manufacturing, Manufacturing, Vocational Training

CDE(s): Hope Enterprise, TruFund

Financing for a multi-use facility that anchors Jones ValleyTeaching Farm and creates an inviting permanent infrastructure that will reach more students, teachers, and surrounding community members—locally, regionally, and nationally.

Eatery Essentials

Dallas,
TX
(2020)

Business Development, Food Manufacturing, Grocery and Fresh Food, Manufacturing, Plastics and Chemicals, Retail, Retail and Commercial

CDE(s): National New Markets Fund

NMTC financing generated 150 jobs for Eatery Essentials

J-M Foods, LLC

Miami,
OK
(2020)

Business Development, Food Manufacturing, Manufacturing, Rural, Timber and Agriculture

CDE(s): REI Development Corp

Construction of a production facility for hydroponic mushrooms.

Polycap

Lebanon,
VA
(2020)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals, Rural

CDE(s): People Incorporated Financial Services

Equipment purchase for state of the art 76,000 sq. ft. injection molding manufacturing facility which creates plastic caps and enclosures for use in the food and medical industries.

Jr.’s Texas Best

El Campo,
TX
(2020)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Prestamos CDFI

NMTC financing was used to purchase and install new equipment for use in the expansion of a food manufacturing facility.

Roquette America, Inc. (2008/2010)

Keokuk,
IA
(2010)

Business Development, Food Manufacturing, Machine Shops and Metal Fabrication, Manufacturing, Plastics and Chemicals, Rural

CDE(s): Rural Development Partners, USBCDE

NMTCs were used to finance equipment, buildings, utilities, load-out, road development and engineering costs of an industrial plant.

Bongards Creameries

Humboldt,
TN
(2017)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Bluehub, PNC, Rural Development Partners

Financing to purchase and transform a plant in Humboldt into a natural processed cheese operation to support the growing demand for its products.

Meister Cheese Company

Muscoda,
WI
(2013)

Business Development, Food Manufacturing, Manufacturing, Restaurants and Catering, Retail and Commercial

CDE(s): Rural Development Partners

Meister, a cheese manufacturer, used NMTCs to upgrade the MPP facility and purchase equipment.

Aerofarms/Makers Village

Newark,
NJ
(2015)

Adult Education, Business Development, College or Vocational Training, Community, Culinary Entrepreneurship, Food Manufacturing, Incubator, Manufacturing, Retail

CDE(s): Dudley Ventures, GS New Markets Fund

AeroFarms, a mission-driven company, developed a 69,000 sq. ft. industrial site into the world's largest indoor vertical farm for baby leafy greens, producing up to 2 million pounds annually.

Chaucer Foods Forest Grove

Forest Grove,
OR
(2013)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Stonehenge Community Development

An Oregon-based supplier to major food producers around the world opened a new freeze-dried food processing facility in Forest Grove that created 73 jobs.

rPlanet Earth Los Angeles, LLC

Vernon,
CA
(2016)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals, Waste Management

CDE(s): Citibank, MBS Urban Initiatives, TELACU

NMTC financing supported a new facility for rPlanet Earth, a new company that is bringing more efficient polyethylene terephthalate (PET) recycling to the United States.