Kingspan Roofing + Waterproofing

MetaFund provided $10 million of New Markets Tax Credit allocation, part of a $44.4 million NMTC financing alongside Maine-based CCML and Oklahoma's REI Development Corporation, to support Kingspan Roofing + Waterproofing's conversion of the long-vacant former Armstrong Flooring plant in Stillwater, Oklahoma into a 450,000-square-foot advanced manufacturing hub for PolyISO insulation and TPO roofing products. The project is expected to create 141 full-time jobs in a community that lost nearly 1,000 jobs when Armstrong closed in 2022, with workforce training delivered through Oklahoma State University, Meridian Technology Center, and the Stillwater Chamber of Commerce.

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