SarlaFlex Inc. Closes $13 Million in NMTC Financing for New U.S. Facility
Marketwire - Fri Jan 17, 8:35AM CST
SarlaFlex Inc. has secured $13 million in New Markets Tax Credit (NMTC) allocation from Los Angeles-based National New Markets Fund, LLC (NNMF) to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant. U.S. Bank serves as the tax credit investor, capitalizing the allocation.
RPTP: 9.34 (+0.56), USB: 45.75 (-0.16), MRK: 57.46 (+0.25), ALXN: 181.96 (+3.09), BMY: 59.15 (-0.01), NVS: 93.91 (+0.66)