Knoxville, TN (2023)

Custom Foods of America, Inc.

Investment

  • NMTC Amount: $44,000,000
  • Total Project Cost: $56,464,935

IMPACT

  • 463 FTE jobs
  • 113 construction jobs
  • 231 jobs created and 232 jobs retained.
  • 191,000 sq. ft. of real estate

Investor

Project Description

NMTC allocation helped Custom Foods of America (CFA) finance a 50% expansion of their 350K sq. ft. Knoxville, TN production campus. CFA manufactures soups and sauces for chain restaurants and convenience stores. The project will allow CFA to grow revenues by 20%, supporting a projected 231 new jobs, retention of 232 jobs, and 113 construction jobs. 80% of permenant jobs will be targeted and accessible to low-income persons.

MAP

Address: 3600 Pleasant Ridge Road, Knoxville, TN 37921

Census Tract: 47093002800

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