New Markets Tax Credit Coalition

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Hudsonville Creamery

Purchase, installation and operation of new equipment in an ice cream manufacturing facility in Holland, MI.

Investment

  • NMTC Amount: $16,750,000
  • Total Project Cost: $21,850,466

IMPACT

  • 138 FTE jobs
  • Project supports the expansion of food and agriculture processing and overall growth in the industry; project and local partnerships are driving catalytic investment for a new food packing, unrelated, headquarters.
  • 40,000 sq. ft. of real estate

Investor

Project Description

Michigan Community Capital’s NMTC allocation supported the expansion and major upgrade of the Hudsonville Creamery and Ice Cream facility. Hudsonville Creamery, in operation for more than 95 years, that produces ice cream and other frozen desserts, began as dairy farmers cooperative in West Michigan. The 40,000 sq. ft. expansion allows Hudsonville Creamery to expand production with the installation of new manufacturing lines and upgraded refrigeration systems. Total development cost exceeds $85 million an created 41 permanent living wage FTEs.

MAP

Address: 345 East 48th Street, Holland, MI 49423

Census Tract: 26005032401

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