Developments > Chroma Technology Corp.
The growth of Chroma Technology, a leading manufacturer of optical filters and related products, has far exceed their existing production capacity. This project will increase the company's manufacturing and research and development facility by over 150%. The prosperity of this company is extraordinarily vital to this very low-income community because it is employee-owned and, with profit sharing, most of the employees can earn approximately $100,000/year. This expansion project will result in 28 new hires within the next 5 years.
Chroma Technology Corp.
Project at a Glance:
Location:
Bellows Falls
Development Type:
Commercial
MHIC Financing:
$7,517,500 in NMTC financing
Sponsor:
Brattleboro Development Credit Corporation
The growth of Chroma Technology, a leading manufacturer of optical filters and related products, has far exceed their existing production capacity. This project will increase the company's manufacturing and research and development facility by over 150%. The prosperity of this company is extraordinarily vital to this very low-income community because it is employee-owned and, with profit sharing, most of the employees can earn approximately $100,000/year. This expansion project will result in 28 new hires within the next 5 years.