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Evergreen Packaging, Inc.

Summary

Evergreen Packaging, Inc. received a $1,050,000 grant from the Tennessee FastTrack Economic Development Fund. The Tennessee FastTrack Economic Development Fund provides additional grant support for companies expanding or locating in Tennessee with reimbursable grants made to local industrial development boards. EDGE acted as a conduit for the grant.

The grant is part of an incentive package that will assist the company in relocating its executive headquarters to Memphis. The total capital investment includes $3.8 million of real and personal property including Community Reinvestment Credit.

Financing Amount:

$1,050,000

Projected Total Jobs:

173

Total Investment:

$3,823,800

Approved

3/16/2016

Evergreen Packaging, Inc.

5350 Poplar Avenue, Memphis, TN 38119