New Markets Tax Credit Coalition

Search

Shearer’s Foods, LLC

A food manufacturing facility increased local production and added jobs in Moraine, OH

Investment

  • NMTC Amount: $12,500,000
  • Total Project Cost: $120,000,000

IMPACT

  • 297 FTE jobs
  • 389,372 sq. ft. of real estate

Investor

Project Description

Shearer’s Foods, LLC is converting a portion of a former General Motors facility in Moraine, Ohio into a snack food production factory, bringing 250 jobs to the region and helping to revitalize an important industrial site for the community.

MAP

Address: 4100 North Springboro Pike, Moraine, OH 45439

Other Ohio Projects

Construction of an 89,650 sq. ft. full-service Kroger grocery store and pharmacy, expected to serve 42,631 customers annually.
National Cooperative Bank along with Wright-Patt Credit Union, provided NMTC financing to support the development of a 2 ½ story, 84,000 sq. ft. healthcare facility on four acres of land

In 2007 First Interstate properties transformed an abandoned steel mill into a regional shopping center with the creation of Steelyard Commons. Phase II(a) will build on the success of the

The UH Rainbow Center for Women & Children, a newly constructed facility of UH Rainbow Babies & Children’s Hospital and UH MacDonald Women’s Hospital, will serve a federally designated medical/dental