EMPORIA, VA – RDP invested $12 million in New Markets Tax Credits to help Carolina Structural Systems (CSS) construct and equip a new manufacturing facility in rural Emporia, Virginia. Expansion of operations brings 58 new jobs, economic development, and growth to Virginia’s forest products sector. NMTC investor for the project is Regions. “Rural Development Partners is honored to help Carolina …
Tate Access Flooring
St. Paul, Virginia – For over 60 years, Tate has been a global manufacturer of airflow management solutions providing essential data center products like structural ceilings, structural and non-structural containment solutions, and raised access flooring. Tate’s product demand was on the rise as the data center industry surges. Industries are digitizing information while artificial intelligence services, telecommuting, video streaming, cloud …
Monogram Snacks
Martinsville, VA – Monogram Snacks Martinsville, LLC, a wholly owned subsidiary of Monogram Food Solutions, LLC, received a New Markets Tax Credit allocation of $8 million from Rural Development Partners as part of a financing package for a major expansion project at its Martinsville, Virginia production plant. The overall expansion cost $61.7 million, added 56,000 square feet and renovated space …
