Potters Industries, LLC has secured $19.5 million in New Markets Tax Credit financing to aid in its expansion in Wilson, NC. This funding will accelerate job creation and economic recovery in the area.
Amount Raised
$19.5 Million
Round Type
Funding Round
MalvernManufacturingPublic SafetyInvestors
Description
Rural Development Partners (RDP) awarded $19.5 million in New Markets Tax Credit (NMTC) financing to Potters Industries, LLC, a manufacturer of glass beads. The financing will help expedite site acquisition and purchase of capital equipment essential for job creation. This initiative comes in response to the recent economic challenges faced by the community following the closure of a local manufacturing plant. The allocation is part of a $44.5 million NMTC package, creating 43 jobs in its first year.
Who else raised in Public Safety and Manufacturing around the same time
Companies in the same sectors as Potters Industries that raised within 45 days of this round, from Fundz verified event records.
- BioAlert Solutions raised $1.7M (Seed) on March 28, 2025.
- PsiQuantum raised $22M on May 15, 2025.
- Kincell Bio raised $22M (Funding Round) on May 15, 2025.
- CarbonSix raised $4M (Seed) on May 15, 2025.
- Persperion Diagnostics raised $450K on May 15, 2025.
- BURN raised $5M (Funding Round) on May 14, 2025.
Who to call at Potters Industries, and when
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- An alert the day Potters Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Potters Industries, from your own LinkedIn network
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Related People
Potters Industries 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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