Financing for a technology manufacturer. The investment from Stonehenge enables Novus, headquartered in Jackson, Tennessee, to expand with a new facility in St. Joseph. The company uses the capital to acquire an 18,000-square-foot manufacturing plant with an additional 40,000-square-feet planned to be added in the future. Novus and Stonehenge also partnered with BWC Consulting, a seasoned, minorityowned and minority-led economic development finance consulting firm, to secure New Markets Tax Credit funding and close on the transaction.
Altamont, TN (2016)