Tools For Equitable Acquisitions in Manufacturing 

Across the United States, 125,000 manufacturing firms—and the 2.6 million jobs they support—are at risk of disappearing as more and more owners reach retirement age. So too, are the benefits that these jobs and companies provide to cities and neighborhoods: family-sustaining wages, economic multipliers, regional stability and resilience.

T.E.A.M.—Tools for Equitable Acquisitions in Manufacturing—will build the capacity of CDFIs—Community Development Financial Institutions—and other community-based lenders to become stewards of equitable transitions. Alongside our place-based lending partners, we will guide 30 companies through these transitions, as we build tools for future use and wide replication. 

In 2022 we will pilot our program with select CDFIs in urban areas across a spectrum of sizes in the U.S. This project is a partnership between Urban Manufacturing Alliance, Concerned Capital, and Common Future. It is produced in partnership with Prosperity Now with support from JP Morgan Chase & Co.