Wainwright Bank & Trust Company (Nasdaq: WAIN) has provided $10 million in financing to Commonwealth Dairy, LLC for the construction of a state-of-the-art yogurt production processing facility in Brattleboro, Vermont.
Commonwealth Dairy is a joint venture between Ehrmann USA, a subsidiary of family-run Ehrmann AG, an international yogurt company based in Germany with annual revenues in excess of $1 billion, and Commonwealth Yogurt. The new facility will be LEED (Leadership in Energy and Environmental Design) compliant as determined by the U.S. Green Building Council.
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