New Markets Tax Credit Coalition

Search

Highland Bakery Company (2012)

Acquisition and renovation of a food manufacturing facility.

Investment

  • NMTC Amount: $13,500,000
  • Total Project Cost: $14,200,000

IMPACT

  • 196 FTE jobs
  • 248,384 sq. ft. of real estate

Investor

Project Description

Acquisition and renovation of a food manufacturing facility. The new facility includes a 240,200 sq. ft. industrial building and an 8,184 sq. ft. retail building, allowing for improved capacity and efficiencies.

MAP

Address: 7001 Asheville HIghway, Spartanburg, SC 29303

Census Tract: 45083021802

PDF Profile

Other South Carolina Projects

Rehabilitation of the historic Dalton Building into a mixed-use development that now houses offices and residential.
NMTC funding helped solidify the construction of a new integrated production facility near Barnwell, SC, providing jobs to a community that lost more than 600 jobs.

Blood Connection is a non-profit for blood donors. NMTC financing supported construction, furniture, and fixtures associated with the Blood Connection’s property at the Matrix operation center.

Investment in non-profit expands critical access to shelter and care for victims of domestic violence.