News

Stonehenge Utilizes Illinois New Markets Tax Credits

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 […]

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Stonehenge Provides State Federal NMTC Financing for ProMedica

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 […]

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T&K Machine Acquired by Aequs Pvt. Ltd.

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, […]

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Stonehenge New Markets Investment in Highland Baking Featured in CohnReznick Video

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 […]

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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 […]

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Stonehenge Provides Expansion Capital to Hales Franciscan High School

(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 […]

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