New Markets Tax Credit Coalition

Danimer Bioplastics

Danimer is an innovative manufacturer of sustainable, renewable plastic products, primarily for the consumer food packaging industry.

Investment

  • NMTC Amount: $20,000,000
  • Total Project Cost: $20,000,000

IMPACT

  • 36 FTE jobs

Investor

Project Description

Danimer is an innovative manufacturer of sustainable, renewable plastic products, primarily for the consumer food packaging industry. Danimer provides skilled jobs in a rural, economically depressed community. Traditional plastic products are derived from petroleum. Danimer’s renewable and sustainable bioplastics are biodegradable and/or compostable, reducing landfill waste and pollution, particularly for low value, single use plastic items such as drinking straws and snack chip bags. Danimer products are also safer, healthier non-toxic alternatives for coatings on beverage and edible products containers.

MAP

Address: 1301 Colquitt Highway, Bainbridge, GA 39817

Census Tract: 13087970300

Other Georgia Projects

A new Habitat for Humanity headquarters now serves the South Fulton Community, along with infrastructure development for new mixed-income community of Browns Mill Village.
This project will finance the acquisition of a manufacturing facility in Thomaston, GA, a warehouse in Chipley, FL and provide working capital.
The NMTC financed the construction of a 34,000-sq. ft. facility that will house a 12,000-sq. ft. Center for Workforce Innovation and 22,000-sq. ft. retail store.
Investment in a carbon-negative, USDA-inspected meat processor