New Markets Tax Credit Coalition

Sequoia Tool and Manufacturing

Financing for a quilt machine manufacturing firm.

Investment

  • NMTC Amount: $5,360,000
  • Total Project Cost: $6,700,000

IMPACT

  • 37 FTE jobs
  • 33 construction jobs

Investor

Project Description

Financing for a quilt machine manufacturing firm.

MAP

Address: 44831 North Groesbeck Highway, Clinton Township, MI 48036

Census Tract: 26099240000

Other Michigan Projects

The purchase and rehabilitation of several parcels on Division Avenue in Grand Rapids.
An open air retail mall located on Eight Mile Road in Detroit, MI, this project constructed a major retail center remediating a 36-acre Brownfield site at the Southeast corner of
Business financing for a tool and die manufacturer.
Construction and development of a 5-story, mixed-use building consisting of 68 residential units, parking and approximately 12,000 sq. ft. of ground floor commercial and retail space.