New Markets Tax Credit Coalition

  • Starbuck,
  • WA
  • (2018)

Columbia Pulp

District: Michael Baumgartner (R-WA05)

The Second tranche of financing for the construction of new wheat straw to paper pulp manufacturing facility.

Investment

  • NMTC Amount: $11,100,000
  • Total Project Cost: $26,000,000

IMPACT

  • 87 FTE jobs
  • 120 construction jobs

CDEs

Investor

Project Description

The Second tranche of financing for the construction of new wheat straw to paper pulp manufacturing facility.

Job creation must include health, life, and disability insurance and a 401(k) retirement plan or such other benefits. The project also set-aside $100,000 in community impact funds to cover education costs for employees.

External Profile

MAP

Address: 1400 State Route Highway 261, Starbuck, WA 99359

Census Tract: 53013960200

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