FrameTec is a manufacturing plant and framing services provider that automates the process of manufacturing trusses and wall panels, and stands up the framing components on-site. This process results in 99% less waste than stick-framed construction and eliminates the need for a separately contracted on-site framer.

The NMTC subsidy will finance equipment and the construction of their 111,111 square foot facility in Camp Verde, Arizona, which will serve a 200-mile radius. The new plant will retain 20 permanent jobs and create 208 permanent jobs, all of which will pay above a living wage and 99% of which will be accessible to those without a formal education.

FrameTec is a manufacturing plant and framing services provider that automates the process of manufacturing trusses and wall panels, and stands up the framing components on-site. This process results in 99% less waste than stick-framed construction and eliminates the need for a separately contracted on-site framer.

The NMTC subsidy will finance equipment and the construction of two twin 130,000 square foot facilities in Casa Grande, Arizona, which is on schedule to begin production in 2026. The new plant will create 440 permanent jobs, all of which will be accessible to those without a formal education.

Pinnpack specializes in manufacturing recyclable food packaging for the bakery, deli, confectionary, and food service industries using PET and rPET plastic material. The NMTC subsidy will finance equipment and working capital for the company’s second location in Columbus, Ohio, which will be called Nuvo Packaging. The new funds will help meet the demands for a newly signed customer contract. The facility is partially operational today. The investment will create 100 permanent jobs, all of which will be quality jobs exceeding the local living wage. About 94% of the positions will not require a formal education.

Seed St. Louis (“Seed STL”) has been working for four decades toward equitable access to fresh healthy food throughout the St. Louis region by providing the community with education, resources, and a network to grow their own food.

This investment will finance the construction of a new Platinum Level LEED certified Education and Operation Center, demonstration/education gardens, and orchard. Seed STL aims for this project to have a net-zero environmental impact. The new facility incorporates solar panels, water capture, habitat for birds, bees, and butterflies, as well as pollinator and native plants.

Eco Recycling was established in 2005 and Carbonox was established in 2014, operating as sister companies. Their facility spans 28 acres of dedicated industrial space. This location serves as the central hub for their operations. The company prides itself on its team of 35 highly-skilled experts. These individuals possess extensive knowledge and practical experience in handling a diverse array of materials. Their expertise extends to working with common construction materials such as concrete, stone, and asphalt, as well as specialized materials like carbon.

This broad material handling capability allows EcoRecycling and Carbonox to offer a comprehensive suite of services within the recycling and material processing sectors. NMTC funding will finance necessary electrical tenant improvements crucial for operating newly purchased equipment. The facility currently depends on gas-powered generators due to insufficient electrical infrastructure. This NMTC allocation will resolve a fundamental operational issue by creating a robust, permanent electrical infrastructure, ending the reliance on temporary power.

For the entirety of its 80-year history, Up to Date Laundry (“UTDL”) has proudly operated and provided jobs in the healthcare commercial laundry sector in underserved communities of Baltimore City. More than 80% of UTDL’s workforce stems from minority communities and close to 90% of its staff reside in economically-challenged zip codes within Baltimore city limits. UTDL plays a vital part in its community by both offering fair market-based jobs to its citizens and by providing services to its local hospitals. The company has over 200 long-term clients with average contract lengths of 10-15 years, most notably Johns Hopkins Hospital System, University of Maryland Hospital System, and Medstar Health Hospital System. UTDL will use NMTCs to consolidate business in its main facility, which necessitates the replacement and/or overhaul of laundry equipment and other infrastructure.

The proposed investment is the acquisition of mixed-use real estate financed through NMTCs. Solid KOR Investments, LLC, the QALICB, will spearhead this endeavor. The acquired property will serve as the operational hub for two ventures under the same ownership. Firstly, FILCO Superstore Inc. (FILCO), a pre- existing appliance showroom recently brought into the fold, will continue its tenancy and established retail presence. Secondly, this acquisition facilitates the relocation and expansion of SOLID Construction, a remodeling company experiencing growth. Additionally, the building will lease space to unaffiliated tenants including retail and restaurant, creating more jobs. Three entities – Solid KOR Investments, FILCO, and SOLID Construction – are under the unified control of a group of Slavic immigrant brothers. The primary tenants are affiliated, making this an owner- occupied operating business QALICB. This investment underscores a commitment to community and economic development within the deep distress area, while fostering the growth and efficiency of integrating these enterprises into one location.