New Markets Tax Credit Coalition

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Greenco Enterprises

Financing for Greenco Beverage Co. one of the largest beverage distributors in Upstate South Carolina.

Investment

  • NMTC Amount: $8,300,000
  • Total Project Cost: $11,545,117

IMPACT

  • 77 FTE jobs
  • 221 construction jobs

Investor

Project Description

Established 100 years ago, Greenco Beverage Co. is one of the largest beverage distributors in Upstate South Carolina. Recently, the company purchased approximately 12 acres of property along the Poinsett Corridor in its hometown of Greenville to construct a new 120,000 sq.-ft. distribution center. The new state-of-the-art, energy-efficient facility replaces Greenco’s current outdated distribution center on White Horse Road, which also lacks sufficient space for expansion.

MAP

Address: 10 Metts Street, Greenville, SC 29609

Census Tract: 45045002304

PDF Profile

Other South Carolina Projects

NMTC financing supported expansion of a Newberry County sawmill operation.
The project involves the development and construction of a Autoclaved Aerated Concrete manufacturing facility in Bennettsville, SC.
Improvement of charter school facilities to increase offerings and programming Current enrollment of 1,250 students with the capacity to increase enrollment to 1,430 students.
NMTCs were leveraged to build two identical 21 MW biomass generation facilities which will convert wood pulp and debris into electricity for use throughout South Carolina.