The CMFA Completes a $9,586,283 Financing for the Rudolph Foods Company
The CMFA recently completed a $9,586,283 tax-exempt financing for Rudolph Foods Company. Proceeds from the bonds will be used to finance the acquisition, rehabilitation and equipping of a 178,000-square foot food manufacturing facility located in the City of Beaumont, California. Rudolph Foods Company is purchasing the new Beaumont facility to allow them to continue to grow, leading to continued success and subsequent economic benefits to the public and the community.