Mannington Mills 2 – Rigid Core (2019)

calhoun, GA

COMMUNITY IMPACT

Summary: The NMTC financed equipment purchase for a flooring manufacturer to bring a line of business onshore that is currently 100% imported from China. Mannington Mills, Inc. is a fifth-generation family-owned flooring manufacturing company that specializes in luxury vinyl products. Mannington seeks to expand a prototype production facility for its Rigid Core line of business in rural Georgia, creating US-based jobs and expanding manufacturing capabilities that would otherwise remain in China. NMTC QLICIs were used to subsidize the cost to construct a new facility to house the Rigid Core project and acquire and install equipment for Rigid Core production lines.

CDE(s): Local Initiatives Support Corporation, MuniStrategies, River Gorge Capital
Category: Manufacturing
Congressional District: Marjorie Greene (R-GA14)

Congressional District

Marjorie Greene (R-GA14)

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