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Fargo, ND (2022)

Techton Products

Finances the construction of a 150,000 sq. ft. expansion to TectonProducts.

Investment

  • NMTC Amount: $72,000,000
  • Total Project Cost: $32,900,000

IMPACT

  • 392 FTE jobs
  • 35 construction jobs
  • 150,000 sq. ft. of real estate

Investor

Project Description

Finances the construction of a 150,000 sq. ft. expansion to TectonProducts. The expansion includes increased product line capabilities to meet the growing demand of its fiberglass pultrusion products by expanding core production and pultrusion systems, upgrading and expanding equipment, and adding office space. This expansion will create high-quality jobs for low-income and minority populations.

 

https://www.dakotabusinesslending.com/new-markets-tax-credit-tecton/

MAP

Address: 4401 15th Avenue North, Fargo, ND 58102

Census Tract: 38017010107

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