New Markets Tax Credit Coalition

Search

Metal Machining

Funds for equipment purchase, working capital, and ground up construction of an adjacent facility for a manufacturer.

Investment

  • NMTC Amount: $3,500,000
  • Total Project Cost: $3,500,000

IMPACT

  • 34 FTE jobs

Investor

Project Description

Metal Machining is a certified precision machine shop serving the aerospace, defense, and medical device industries. This project provided the Company with funds for equipment purchase, working capital, and ground up construction of an adjacent facility. This new construction will more than double the Company’s capacity and employee base.

MAP

Address: 2902 American Way, Ogden, UT 84401

Census Tract: 49057201900

Other Utah Projects

Community Development Finance Alliance recently provided a $10M NMTC allocation to fill a $2.25M funding gap for the new construction of a 68,900 square-foot community recreation center
Artspace Commons North is a green, mixed-use artist community in downtown Salt Lake City, Utah.
Financing for only program in UT providing a continuum of services for 12 years, from birth through 6th grade.
Financing for a new food bank and distribution center in Salt Lake City, UT.