Chrome Works

Financing for Kentucky Chrome Works, a manufacturer of luxury alloy wheels and the exclusive chrome plate supplier for the Corvette.

Investment

  • NMTC Amount: $3,000,000
  • Total Project Cost: $3,000,000

IMPACT

  • 15 FTE jobs

Investor

Project Description

BizCapital, the small business lending division of Advantage Capital Partners, has provided $3 million in funding to Kentucky Chrome Works, a manufacturer of luxury alloy wheels and the exclusive chrome plate supplier for the Corvette. The funding, raised in connection with the New Markets Development program, is being used to expand the company’s capabilities and provide working capital. It also provides job opportunities for 20 new employees at the business, which currently employs 54 people.

MAP

Address: 100 Bluegrass Avenue, Horse Cave, KY 42749

Census Tract: 21099970400

PDF Profile

Other Kentucky Projects

Berea College deciding to offer more scholarships decided to add onto Lock 12 (dam) to create and sell their electricity. By doing so, there is a $2,000,000 annual savings to
Continued restoration and renovation of the Mustard Seed Hill campus, creating a home for a business incubator, commercial kitchen, corporate meeting spaces, an event hall and lodging.
NMTC financing helped a small business purpose its building.
NMTC financing helped position a retail center for local sellers position itself for growth.