Aqua Vitea Expansion
The Addison County Economic Development Corporation (ACEDC) recently closed on financing from their U.S. Department of Agriculture (USDA) Revolving Loan Fund for Aqua ViTea in Middlebury. The loan is part of a $1.3 million financing package including the Flexible Capital Fund and private investors to allow continued growth as well as job creation. The funds will be used primarily for a new bottling line & fit-up, new Kombucha fountains, other equipment and operating capital. Aqua ViTea expects to add 8 to 15 new jobs over the next few years. This is ACEDC's second loan with Aqua ViTea.