Rhino Health Usa, Inc. Closes $58 Million New Markets Tax Credit Financing
07/29/22, 6:37 PM
Location
fort worthMoney raised
$58 million
Industry
manufacturing
mobile
Fort Worth-based Rhino Health USA, Inc. today announced the closing of a $58 million New Markets Tax Credit (NMTC) transaction that will help fund the company’s $200 million investment for its large-scale manufacturing expansion in North Texas.
Company Info
Location
fort worth, texas, united states
Additional Info
Fort Worth-based Rhino Health USA (www.rhinohealth.net) is the nation’s first nitrile glove manufacturer. In 2019, the company began operations in Church Rock, New Mexico in partnership with the Navajo Nation. Rhino works closely with the Department of Defense and is currently operating two manufacturing factories and is continuing to aggressively and strategically expand its operations.