Printer Friendly

Establishment of up to thirty five (35) Dunkin Donuts-branded restaurants.

Proposed OPIC Loan: $10,600,000, up to 9 years including a 24 month grace period

Total Project Costs: $14,140,000

Name of Borrower: JSC D&B Georgia, a limited liability company organized under the laws of Georgia (the Borrower or Project Company ).

Project Description: Establishment of up to thirty five (35) Dunkin Donuts-branded restaurants located in Georgia, in accordance with the terms of the Franchise Agreement between Dunkin Donuts Franchising LLC, a subsidiary of Dunkin Brands Group Inc. ( Dunkin Brands ), and the Borrower.

Initial U.S. procurement associated with this Project is expected to be an estimated $5.347 million for the purchase capital equipment, food product inputs, and service industry paper goods. This initial procurement will create 20 person-years of direct and 14 person-years of indirect employment. Operational U.S. procurement associated with this Project for the purchase of food product inputs is expected to total $31.5 million over the first five years of the Project. Operational procurement is expected to create an estimated 129 person-years of direct and 74 person-years of indirect employment. The Project is not expected to result in the displacement of U.S. production. Thus, the Project is expected to generate a total of 238 person-years over the first five years of operations, equivalent to approximately 47 U.S. jobs.

Project completion date : 2016-12-31 12:00:00

Major organization : OVERSEAS PRIVATE INVESTMENT CORPORATION (OPIC)

Address : 1100 New York Avenue, NW

Washington, D.C. 20527

USA

Country :United States

Email : info@opic.gov

Url : https://www.opic.gov/

[c] 2016 Al Bawaba (Albawaba.com) Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2016 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:Mena Report
Date:Feb 8, 2016
Words:268
Previous Article:Sewage Treatment Plant at Colaba.
Next Article:Humanitarian, disaster and medical assistance programs.
Topics:

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters