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New Markets Tax Credit Jumpstarting Rural Manufacturing

The most popular use of the NMTC in rural America is to support the manufacturing sector. NMTC financing typically goes to business expansions, new equipment and facilities, and working capital. Between 2003 and 2014, the NMTC financed 223 rural manufacturing projects totaling $4.8 billion. Below are a few of their stories:[huzzaz id=”nmtc-manufacturing-stories” vpp=”8″]

Map of Selected Rural Manufacturing Projects