New Markets Tax Credit Coalition

Search

Brown Packing

Financing for a third-generation, family-owned meat packing business in non-metropolitan Cherokee County.

Investment

  • NMTC Amount: $13,750,000
  • Total Project Cost: $15,126,412

IMPACT

  • 25 FTE jobs
  • 32 construction jobs
  • 66,500 sq. ft. of real estate

Investor

Project Description

Brown Packing Co., Inc. is a third-generation, family owned meat packing business in non-metropolitan Cherokee County. The company has grown to 371 full-time employees. It is the second largest employer in the county. Brown Packing provides one of the few entry level job opportunities in the area for low-skilled workers to obtain full-time employment without basic reading or English language skills in an area with a large migrant farming population. The project will involve the construction or renovation of 66,500 sq. ft. of their 150,000-sq.-ft. facility in Gaffney.

The project increases production and completely upgrade the company’s facility to meet evolving industry standards, with best in class equipment and technology. The improvements also includes new cooling systems, a new wastewater treatment system, and updated locker rooms and employee wellness facilities for both genders. The expansion is expected to create an additional 25 permanent direct jobs in an Appalachian Regional Commission (ARC) Distressed area.

MAP

Address: 116 Willis Street, Gaffney, SC 29341

Census Tract: 45021970201

PDF Profile

Other South Carolina Projects

Blood Connection is a non-profit for blood donors. NMTC financing supported construction, furniture, and fixtures associated with the Blood Connection’s property at the Matrix operation center.

The construction of an 82,000 sq. ft. center featuring classrooms, student life/ learning space at an HBCU.
NMTC financing supported expansion of a Newberry County sawmill operation.
The project involves the development and construction of a Autoclaved Aerated Concrete manufacturing facility in Bennettsville, SC.