Financing for Manufacturing Facilities
Tax-exempt bond financing for employment-generating manufacturing facilities is available through the Economic Development Corporation of Pierce County. Eligible costs may include the acquisition of land, new machinery and equipment, construction or renovation of a building, architectural design, engineering work and financing arrangements. The borrower must be credit-worthy and able to obtain banking commitment for private placement to back the bonds. Up to $10 million in bonds can be issued for projects with total capital investment of $2 million to $20 million.