The Innovate Fund Provides $15 Million in New Markets Tax Credits to Arris Manufacturing in Clio, SC
CLIO, S.C., Jan. 31, 2020 — The Innovate Fund, a Community Development Entity (CDE) managed by taxadvantagegroup and Greenville Local Development Corporation in Greenville, S.C., has allocated $15 million in New Markets Tax Credits (NMTC) for the $20.5 million acquisition and renovation of the former 162,000 square foot Baldor Electric facility in Clio, SC into […]