New Markets Tax Credit Coalition

Westin, Inc.

The NMTC provided a food packaging company with funds needed to expand their current facility and purchase needed equipment.

Investment

  • NMTC Amount: $6,500,000
  • Total Project Cost: $10,000,000

IMPACT

  • 173 FTE jobs
  • 35 construction jobs
  • 14,000 sq. ft. of real estate

Investor

Project Description

Westin specializes in the processing, packaging, and distribution of food products including bacon bits and pieces. This project provided the company with funds needed to expand their current facility and purchase needed equipment. The project improved Westin’s efficiency and automated tasks that are difficult to staff allowing employees to transition to higher paying positions.

MAP

Address: 810 Bacon Road, Fairbury, NE 68352

Census Tract: 31095963800

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The project provided an apparel manufacturer with funds for equipment and inventory purchases, working capital, and restructured existing debt.