New Markets Tax Credit Coalition

Search

Meister Cheese Company

Meister, a cheese manufacturer, used NMTCs to upgrade the MPP facility and purchase equipment.

Investment

  • NMTC Amount: $12,500,000
  • Total Project Cost: $16,895,987

IMPACT

  • 112 FTE jobs
  • 51 construction jobs
  • $116.65 million Additional Economic Output in the region

Investor

Project Description

Meister Cheese Company, widely known for their ability to source cheese with special characteristics including use of only BGH-free milk from pasture-raised cows, and an established “Animal Friendly Family Farm” is known for providing their customers “food with integrity”. Their sister company, Muscoda Protein Products (MPP), produces whey protein concentrate and lactose provided from Meister Cheese Co. Meister used NMTCs to upgrade the MPP facility and purchase equipment. A portion of the equipment expenditure was used by MPP to upgrade its lactose equipment and refrigeration system at the whey plant, increasing efficiency and product quality; another portion was used to purchase equipment related to cheese production to be leased back to Meister Cheese enabling them to increase their production capacity to meet customer needs.

MAP

Address: 1160 Industrial Drive, Muscoda, WI 53573

Census Tract: 55049950200

Other Wisconsin Projects

Milwaukee Women’s Center, a domestic violence organization that’s provided supportive services and emergency shelter since 1980, stepped in to save the safe haven. With a $625,000 loan from IFF, a
NMTC financing supported a mixed-use project that included the Beaver Dam Community Food Pantry.
The project is purchase of equipment for Palermos new hot press bakery process that produces pizza crusts.
A Wisconsin-based, family owned grocery chain that saw potential for a new store located in a USDA food desert at the site of a vacated K-Mart in Janesville, WI.