# PackEx secures $20 million NMTC financing to redevelop Marianna, Florida bottling plant

Rural Development Partners allocated $20 million in New Markets Tax Credit financing to start-up PackEx USA to redevelop a 256,000 sq ft former bottling plant in Marianna, Florida. Phase 1 will support two production lines and about 300 jobs.

- Type: Investment
- Announced: 2026-05-21
- Where: Marianna, Florida, United States
- Value: $20.0M
- Jobs: 300
- Status: under construction
- Capacity: two production lines in Phase 1; four more lines in later phases
- Products: aluminum bottles
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [PackEx USA](https://endata.com/companies/14302.md)
- [Rural Development Partners](https://endata.com/companies/14303.md) (investor)
- [River Gorge Capital](https://endata.com/companies/14304.md) (investor)
- [HEDC New Markets](https://endata.com/companies/14305.md) (investor)
- [Truist](https://endata.com/companies/14306.md) (investor)
- [Lone Star Project Advisors](https://endata.com/companies/14307.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/rural-development-partners-funds-packex-with-20-million-nmtc-to-rebuild-mariannas-economy-after-hurricane-302779506.html), 2026-05-21: "PackEx is working to redevelop a 256,000 SF state-of-the-art industrial facility, formerly a water bottling plant that ceased operations following Hurricane Michael."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.