Universal Stainless

Dunkirk,
NY
(2018)

Universal Stainless

Business Development, Manufacturing, Rural

Finacning for a new mid-size bar cell capital project at its Dunkirk, NY facility.

Investment

NMTC Amount: $10,000,000
Total Project Cost: $10,000,000

IMPACT

75 FTE jobs

CDEs

Bluehub

Investor

US Bank

Project Description

In March 2018, the Company entered into a financing transaction with an outside bank and community development agency related to the new mid-size bar cell capital project at its Dunkirk, NY facility. The Company financed a portion of this $10.0 million capitalized project via the New Markets Tax Credit program, enabling it to benefit from low cost financing.

MAP

Address: 830 Brigham Road, Dunkirk, NY 14048

Census Tract: 36013035600

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