Design Team Sign Company

Adamsville,
TN
(2018)

Design Team Sign Company

Business Development, Food Manufacturing, Manufacturing, Retail, Rural

NMTC financing helps modernize manufacturing facility, keeping jobs in rural Tennessee

Investment

NMTC Amount: $7,000,000
Total Project Cost: $11,800,000

IMPACT

125 FTE jobs
87 construction jobs
320,000 sq. ft. of real estate

CDEs

Hampton Roads Ventures, River Gorge Capital

Investor

Hardin County Bank

Project Description

In 2018, HRV provided $7 million of its New Markets Tax Credit (NMTC;) allocation to Design Team Sign Company, LLC (DTS;), a family-owned manufacturing facility that provides design, manufacturing, millwork and installation of signs to retailers, primarily serving the fast food and fast casual food industries. The Project provides financing for the expansion of the manufacturing facility through the purchase of a 58-acre parcel of land and the construction and equipping of a new 320,000 sq. ft. facility. The expanded facility provides additional manufacturing space, added storage space for increased production and warehouse space for construction projects.

MAP

Address: 255 Old Morris Chapel Rd, Adamsville, TN 38310

Census Tract: 47071920200

PDF Profile

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