Foremost Farms Greenville Phase One (2017–2019)
The cooperative bought 96 acres in Greenville's industrial park for $1.1 million and built a milk condensing plant using New Markets Tax Credit financing from CEI Capital Management and a $2.33 million city tax abatement.
The plant opened with 33 jobs and now employs 44, processing Michigan milk closer to its source.
The public-private cost-sharing structure set a template the city and cooperative are now repeating for sewer capacity.
The sewer agreement is the same cost-sharing structure, applied to a later expansion phase.
