# Genera secures $118M investment for compostable packaging facility in Tennessee

Genera secured more than $118 million in financing, anchored by WindSail Capital Group, for a manufacturing facility in Vonore, Tennessee, to produce Earthable compostable paper and packaging products. The facility is under construction and expected to start deliveries next year.

- Type: Investment
- Announced: 2019-07-18
- Where: Vonore, Tennessee, United States
- Value: $118.0M
- Starts operating: 2020
- Status: under construction
- Products: compostable paper and packaging products, plates, bowls, takeout containers
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Genera](https://endata.com/companies/5386.md)
- [WindSail Capital Group](https://endata.com/companies/40757.md) (investor)
- [Coppermine Capital](https://endata.com/companies/40758.md) (investor)
- [Stairway Capital](https://endata.com/companies/40759.md) (investor)

## Sources

- [environmentenergyleader.com](https://www.environmentenergyleader.com/articles/22313-genera-secures-118-million-investment-for-compostable-packaging-line), 2019-07-18: "The market opportunity for domestically sourced non-wood fiber and packaging products is enormous."

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