Rural King - Waverly II Project

Waverly,
OH
(2021)

Rural King – Waverly II Project

Manufacturing, Retail

Investment

NMTC Amount: $5,000,000
Total Project Cost: $21,559,919

IMPACT

50 FTE jobs

CDEs

Finance Fund

Investor

Dudley Ventures

Project Description

Rural King used the proceeds of a NMTC Loan to finance acquisition and installation costs of certain equipment and machinery to be used by Rural King in its 1,000,000 sq. ft. distribution facility located in a non-metro county. The project will enable Rural King, a retailer serving rural and agricultural communities, to expand its distribution capacity in the Midwest and Southeast by creating a centralized import center and assembly site for an expanding product line. The project will increase access to goods and services for approximately 1.5 million customers annually in rural communities.

MAP

Address: 479 Industrial Park Drive, Waverly, OH 45690

Census Tract: 39131952300

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