FirstPathway Partners Community Development Featured by BizTimes for Palermo's Pizza New Markets Tax Credits Project
Friday, September 13, 2019 - FirstPathway Partners Community Development was featured by the BizTimes for allocating credits to the Palermo's Pizza project to support plans to add a hot press bakery to its Milwaukee facility and begin making additional types of pizza crust.
The Milwaukee-based pizza maker would buy equipment necessary for the hot press bakery process, which would allow it to produce rising pizza crusts and hot press pizza crusts, according to a report from First-Ring Industrial Redevelopment Enterprise Inc. (FIRE), West Allis’ regional community development entity. The report states the project is will allow Palermo’s to remain competitive within its industry and create and retain quality and accessible jobs in a severely distressed community.
Giacomo Fallucca, CEO of Palermo Villa Inc., said in a statement “Our proposal will create new jobs and improve our ability to grow. Our plan also is consistent with the vision, goals, and priorities for the Menomonee Valley area, and once completed, this expansion will help Palermo’s remain competitive in the marketplace. It also means we can protect existing jobs and create new jobs in an area that needs more economic growth. We appreciate the support of our partners, including FirstPathway Partners, and the others who have helped make this expansion possible.”
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