Stonehenge Capital Company utilized Illinois New Markets Tax Credits to help bring healthy food options and jobs to south side residents of Chicago. Mariano’s, a Kroger Co. subsidiary, recently opened the chain’s 39th grocery store and its first on the south side of Chicago. The company was designed and built to deliver the highest quality […]Read More..
In December 2015, Stonehenge provided State and Federal NMTC financing for the construction of a new corporate headquarters for ProMedica, a Toledo based non-profit health care system. The company was looking to consolidate its corporate employees who were scattered throughout over a dozen sites around Toledo. This project, located in a highly distressed area of […]Read More..
On June 2, 2015 Aequs Pvt. Ltd acquired T&K Machine, a Paris, Texas-based aerospace component manufacturer and Stonehenge Growth Capital portfolio company. T&K has a 47 year history supplying machine parts and assemblies to the aerospace industry. Aequs, based in Karnataka, India, is a global manufacturing company specializing in precision machining, sheet metal fabrication, assembly, […]Read More..
Stonehenge New Markets Investment in Highland Baking Featured in CohnReznick Video Stonehenge Community Development is pleased to announce its investment of $12 million in New Markets Tax Credit (NMTC) allocation in Highland Baking Company in Spartanburg, South Carolina has been selected by nationally respected accounting firm CohnReznick to highlight the positive impacts of this proven […]Read More..
Stonehenge Awarded $55 Million of New Markets Tax Credit Investment Authority by U.S. Treasury Department
Proven Public-Private Partnership Has Strong Job Creation Track Record Stonehenge Community Development of Baton Rouge announced today that it has been awarded $55 million in New Markets Tax Credits (NMTC) investment authority. The U.S. Treasury Department’s Community Development Financial Institutions Fund made the award to Stonehenge as part of $3.5 billion of investment authority awarded […]Read More..
(Chicago) Stonehenge Capital Company is pleased to announce today it has commenced financing that will enable Hales Franciscan High School to expand its mission of providing quality, value-centered education to predominantly African-American males. The financing includes the use of Illinois New Markets Tax Credits and Federal New Markets Tax Credits to fund about $9 million […]Read More..