GRUMA Grand Prairie, LLC

New Markets Tax Credit Coalition

Grand Parairie,
TX
(2019)

GRUMA Grand Prairie, LLC

Business Development, Food Manufacturing, Manufacturing

The construction of three additional production lines, line expansions, new distribution, and the purchase of shipping and material handling equipment for food manufacturing facility.

Investment

NMTC Amount: $29,150,000
Total Project Cost: $36,188,494

IMPACT

737 FTE jobs
102 construction jobs
The Project will source labor locally through community job fairs and included veterans groups within the community in its outreach plans when posting open positions. A wide range of training programs will be provided for the project's workforce.

CDEs

MBS Urban Initiatives, Texas Mezzanine Fund, The Valued Advisor Fund, USBCDE

Investor

US Bank

Project Description

The project consists of construction of three additional production lines, line expansions, new distribution, and the purchase of shipping and material handling equipment for food manufacturing facility. GRUMA Corporation’s main operations are production of corn and flour tortillas in the United States and Mexico.