New Markets Tax Credit Coalition

Vidalia Denim

Financing for Vidalia Mills, a startup denim manufacturer producing high-quality fabrics using sustainable and eco-friendly processes.

Investment

  • NMTC Amount: $18,450,000
  • Total Project Cost: $53,865,355

IMPACT

  • 334 FTE jobs
  • 100 construction jobs

Investor

Project Description

Vidalia Mills (VM) is a startup denim manufacturer producing high-quality fabrics using sustainable and eco-friendly processes. VM is located in a Persistent Poverty County in a rural, low-income community with high unemployment. VM procures its cotton from local farmers who are compliant with the E3 Sustainable Cotton program. VM’s highly-efficient equipment will make VM cleaner and more efficient than virtually all existing US textile mills.

MAP

Address: 1 Fruit of the Loom Drive, Vidalia, LA 71373

Census Tract: 22029000400

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