Search
YouTube Instagram
  • Somerset,
  • KY
  • (2020)

Modern Distributors

District: Hal Rogers (R-KY05)

Financing to help a multifaceted food service provider expand.

Investment

  • NMTC Amount: $8,289,473
  • Total Project Cost: $13,754,018

IMPACT

  • 254 FTE jobs
  • 83 construction jobs
  • Part of local initaitve creating jobs for inmates

CDEs

,

Investor

Project Description

Modern Distributors is a multifaceted food service provider to C-Stores and vending machines. This project was for an expansion.

MAP

Address: 385 Valley Oak Drive, Somerset, KY 42503

Census Tract: 21199930200

Missing information? Submit an update or correction.

Other Kentucky Projects

Modern Distributors
  • Somerset,
  • KY
  • (2020)
  • CDE(s): Community Ventures, The Valued Advisor Fund
Financing to help a multifaceted food service provider expand.
Learn more..
Ferguson Computers
  • Shepherdsville,
  • KY
  • (2022)
  • CDE(s): WesBanco
NMTC financing helped a small business purpose its building.
Learn more..
DRC Industries
  • Carrollton,
  • KY
  • (2017)
  • CDE(s): Community Development Venture Capital Alliance

NMTC financing supported DRC Industries, a provider of custom packaging products, services, and solutions to a broad range of markets and industries.

Learn more..
TPG Plastics
  • Murray,
  • KY
  • (2022)
  • CDE(s): Advantage Capital, People Incorporated Financial Services

TPG Plastics is a manufacturer of portable plastic gas and water cans. The project has provided the Company with funds for a spout assembly machine at close. This project is

Learn more..