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Project Overview
| Project | Premium Brands Distribution Facility |
|---|---|
| Location | 916 Kendrick Ave, Springdale, AR 72764 |
| Project Size | 117,500 square feet |
| Total Project Cost | $17.5 million |
| NMTC Allocation | $13 million |
| NMTC Investor | Regions Bank |
| CDE | Greenline Ventures |
| Closing Date | April 4, 2025 |
| NMTC Advisor | Impact Marketplace |
Meeting Demand, Creating Opportunity
On April 4, 2025, Premium Brands successfully closed on their financing package to construct a new 117,500-square-foot distribution facility in Springdale, Arkansas. Located less than 20 miles from its Fayetteville headquarters, this new warehouse will allow the company to meet rising demand across Northwest Arkansas while investing in workforce growth and community development.
The transaction included $13 million in New Markets Tax Credit (NMTC) allocation, made possible through the support of Greenline Ventures as the CDE and Regions Bank as the investor. Impact Marketplace served as the NMTC advisor, structuring the transaction to ensure long-term job quality and inclusion remained front and center.
Premium Jobs with Room to Grow
Premium Brands’ new facility in Springdale strengthens the company’s ability to serve a growing regional customer base while reinforcing its long-term presence in Northwest Arkansas. The project supports job stability and creates new opportunities for individuals seeking full-time employment in the logistics and distribution sector.
The company remains committed to employee development through safety training, technical certifications, and pathways for advancement—ensuring the workforce continues to grow alongside the business. Training includes:
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Mandatory safety training across multiple disciplines
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Human resources and compliance training
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Specialized forklift and CDL (Commercial Driver’s License) certification programs
These programs ensure that employees can grow their careers with the company, from entry-level roles into long-term technical and leadership positions.
Environmental Responsibility Built In
Sustainability is also part of the project’s long-term vision. Premium Brands is partnering with Marck Recycling to divert significant industrial waste from landfills and reduce the environmental impact of its operations. Materials such as cardboard, plastic, and packing byproducts will be actively recycled as part of the company’s waste reduction program.
Location and NMTC Eligibility
The new Premium Brands facility is located in a federally designated Severely Distressed census tract in Springdale, Arkansas—meeting the qualifications for New Markets Tax Credit (NMTC) support based on key indicators such as elevated poverty and unemployment rates.
This area has historically faced underinvestment, and the NMTC program plays a vital role in directing private capital to projects that generate jobs and long-term community benefits. By locating the new distribution hub in this tract, Premium Brands is not only expanding its operational footprint but also bringing meaningful investment to a community positioned for revitalization.
The project’s alignment with NMTC eligibility criteria helped attract mission-aligned capital and partners committed to supporting economic growth where it’s needed most.
A Collaborative Capital Stack
The $17.5 million project financing included debt, equity, and NMTC allocation. Impact Marketplace helped structure and guide the NMTC component, aligning the financing with job creation, training, and wage standards.
“This project is a great example of what happens when mission-aligned capital meets business growth,” said Matt Drinen, Principal at Impact Marketplace. “It’s about scaling distribution, but doing it in a way that includes people and purpose.”
