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Lassonde Beverages U.S. secures $10 million in New Markets Tax Credit financing from NJCC for a new manufacturing facility in Seabrook. The funding will support job retention and the expansion of production capabilities.
Amount Raised
$10 Million
Round Type
Venture
Investors
Description
New Jersey Community Capital (NJCC) has closed a $10 million New Markets Tax Credit transaction with Lassonde Beverages U.S. The financing aims to support the installation of equipment at a new 220,000-square-foot beverage manufacturing facility. This investment will help retain more than 200 jobs and create 75 new full-time positions. Construction is expected to complete by the end of 2026, with operations starting in early 2027.
Fundz sees it the moment Lassonde Beverages U.S raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Lassonde Beverages U.S raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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