Polycap

Equipment purchase for state of the art 76,000 sq. ft. injection molding manufacturing facility which creates plastic caps and enclosures for use in the food and medical industries.

Investment

  • NMTC Amount: $10,000,000
  • Total Project Cost: $10,906,497

IMPACT

  • 67 FTE jobs
  • 76,000 sq. ft. of real estate

Investor

Project Description

Equipment purchase for state-of-the-art 76,000 sq. ft. injection molding manufacturing facility which creates plastic caps and enclosures for use in the food and medical industries.

MAP

Address: 219 Joe Gillespie Drive, Lebanon, VA 24266

Census Tract: 51167030401

Other Virginia Projects

After years of planning, Millwald Theatre Inc. was given the go-ahead to begin construction thanks to NMTC financing.
Construction loan for mixed-use development with grocery store, pharmacy, credit union, community space.

Expansion of a food packaging facility, creating significant quality and accessible jobs. Project is committed to local hiring and internal career advancement opportunities. Supported the facility expansion and equipment purchase

The construction of a $7.2M medical center and dental clinic which provide comprehensive medical and dental care, as well as rural health outreach programs, to medically underserved communities in rural