New Markets Tax Credit Coalition

  • Lewiston,
  • ME
  • (2013)
PDF Version

Quoddy

District: Jared Golden (D-ME02)

Established over 100 years ago, Quoddy is a high-end, hand-sewn shoe manufacturer.

Investment

  • NMTC Amount: $500,001
  • Total Project Cost: $500,001

IMPACT

  • 20 FTE jobs

CDEs

Investor

Project Description

Established over 100 years ago, Quoddy is a high-end, hand-sewn shoe manufacturer. One of Maine’s last small businesses in a once-thriving industry, Quoddy needed new capital to develop its brand recognition and improve its craftsmanship, opening doors in the wholesale channel. Advantage Capital’s investment allowed Quoddy to develop its sales function and brand awareness.

External Profile

MAP

Address: 550 Lisbon Street, Lewiston, ME 4240

Census Tract: 23001020400

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PDF Profile

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