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Holland, MI (2022)

Tommy Car Wash Systems

Investment

NMTC Amount: 13,000,000

Total Project Cost: 30,600,000

IMPACT

CDEs

Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in NMTC allocation.

Project Description

Tommy Car Wash Systems will expand its manufacturing capacity by constructing a new headquarters and manufacturing facility with $13 million in New Markets Tax Credit (NMTC) allocation. Cinnaire, in partnership with Michigan Community Capital (MCC), Huntington Bank, and Fifth Third Bank, provided financing to support the $32.6 million development.

MAP

Waverly Road, Holland, MI 49423

External Profile

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