New Markets Tax Credit Coalition

  • Cordele,
  • GA
  • (2014)

Synergy Solutions

District: Austin Scott (R-GA08)

Reopening and modernization of a shuttered recycling facility to provide 1) municipal waste recycling, and 2) ethanol produced from expired sugar-based beverages, such as soft drinks and alcohol.

Investment

  • NMTC Amount: $15,750,000
  • Total Project Cost: $17,815,376

IMPACT

  • 57 FTE jobs
  • 31 construction jobs

CDEs

,

Investor

Project Description

Synergy Solutions, Cellulosic ethanol plant and recycling center: Synergy reopened and modernized an shuttered recycling facility to provide 1) municipal waste recycling, and 2) ethanol produced from expired sugar-based beverages, such as soft drinks and alcohol. Synergy is located in a rural low-income community with very high unemployment, and the closure of several major employers.

External Profile

MAP

Address: 155 Landfill Road, Cordele, GA 3015

Census Tract: 13081010500

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