The supports the construction and equipping of a new manufacturing facility that consists of over 222,000 sq. ft. across two buildings, all of which the PSG will master lease.PSG will utilize at least 54% of the space, with the remaining area to be leased to other tenants involved in manufacturing or distribution.Having outgrown existing facilities, this expansion will enable the PSG to broaden their service offerings to better align with the needs of their clients.PSG specializes in providing innovative solutions primarily to the food services industry for the equipment needs and its design build services that range from initial concept to design, manufacturing, system integration, and installation. the project creates 149 and retains 59 jobs, of which 100% are quality jobs paying above the living wage for one adult and zero children in the state of Texas.

TxLIC’s supported the new construction and equipping of a manufacturing facility in Dallas, Texas, enabling the to meet rising demand from its existing client base while expanding into new product lines and markets.The increased capacity has strengthened the company’s ability to serve larger, more complex clients and enhanced its long-term strategic positioning.The sought NMTC financing in response to a sharp rise in rental costs over 60% since 2021 which had made operating in its previous facility increasingly unsustainable.Without NMTCs, the company would have faced substantial delays in moving forward with the investment, and the new facility would have been significantly downsized, limiting both production capacity and job creation potential.