Search
YouTube Instagram
  • Adamsville,
  • TN
  • (2018)
PDF Version

Design Team Sign Company

District: David Kustoff (R-TN08)

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

,

Investor

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.

External Profile

MAP

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

Census Tract: 47071920200

Missing information? Submit an update or correction.

PDF Profile

Other Tennessee Projects

Loving Arms Home Care Agency
  • Memphis,
  • TN
  • (2020)
  • CDE(s): TruFund, USBCDE
Finances working capital and expansion plans for Loving Arms, LLC, a business with locations in Jackson and Memphis, providing home healthcare services to seniors and individuals with intellectual and development
Learn more..
Bongards Creameries
  • Humboldt,
  • TN
  • (2017)
  • CDE(s): Bluehub, PNC, Rural Development Partners
Financing to purchase and transform a plant in Humboldt into a natural processed cheese operation to support the growing demand for its products.
Learn more..
Design Team Sign Company
  • Adamsville,
  • TN
  • (2018)
  • CDE(s): Hampton Roads Ventures, River Gorge Capital
NMTC financing helps modernize manufacturing facility, keeping jobs in rural Tennessee
Learn more..
The MED
  • Memphis,
  • TN
  • (2013)
  • CDE(s): Community Hospitality Healthcare Services, Grow America, River Gorge Capital, Truist
An 82,000 square foot renovation of existing space for a regional medical center.
Learn more..