Tommy Car Wash Systems

Holland, MI (2021)

Tommy Car Wash Systems

Business Development, Manufacturing

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

Investment

NMTC Amount: $13,000,000
Total Project Cost: $30,600,000

IMPACT

The project is creating 146 quality (living wage) jobs, with the majority of those available to individuals with less than a 4-year degree.

CDEs

Cinnaire New Markets

Investor

Old National Bank

Project Description

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