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Blocks of Cheese
Photo Credit: Courtesy of the Borrower

Emmi Platteville, Inc.

Platteville, WI
October 2012

Construction of a 77,000 square foot artisanal cheese manufacturing facility that will produce up to 8 million pounds of cheese annually. The facility will partner with local small farms to purchase 3,400 cows worth of milk annually and the additional demand is expected to increase based milk prices by 2.7%.

 

Project Facts:

CCML Financing: 
$20,000,000
Financing Program: 
Federal New Markets Tax Credits
Tax Credit Investor(s): 
Chase
Other CDEs: 
Two Partner CDEs

Community Benefits:

Permanent Jobs Created/Retained: 
33
Construction Jobs Created: 
63
Sq Ft Constructed: 
77,000
Other Benefits: 
$435,000 for a locally-targeted loan fund and Borrower will purchase 80% of its milk requirements from Wisconsin dairy farmers