Press RElease:
Special REPORT INSIDE: The NMTC: Restoring American MAnufacturing:
2024 Projects Featured in the Report:
- Shelbyville,
- TN
- (2024)
- CDE(s): Heartland Renaissance Fund, Innovate Fund, Pathway Lending, Truist
Family-Run Steel Manufacturer Receives Critical NMTC Financing to Match Growing Demand
- Shawnee,
- OK
- (2024)
- CDE(s): Legacy Economic Growth Fund, MetaFund, REI Development Corp
Strategic Expansion in Metals Manufacturing Drives Economic Growth and Job Creation in Rural Oklahoma
- Allentown,
- PA
- (2024)
- CDE(s): Building America CDE, Community First Fund, Consortium America
The intensive renovation and restoration of an existing building into a new manufacturing complex, including the environmental remediation of the blighted 17-acre Allentown Metal Works
- Greensboro,
- NC
- (2024)
- CDE(s): CCG Community Partners, Truist
An Unparalleled Hub for Urban Manufacturing and Innovation in Greensboro, NC
- Brownsville,
- TX
- (2024)
- CDE(s): Dudley Ventures, National New Markets Fund
$117 million expansion project will add production capacity for branded appetizer business and bring more than 130 jobs to the community.
- Minneapolis,
- MN
- (2024)
- CDE(s): CRFUSA, University Financial Corp., USBCDE
Much-needed investment by an innovative manufacturer provides economic boost for north Minneapolis, Minnesota community.
- Missouri City,
- TX
- (2024)
- CDE(s): Dudley Ventures, National New Markets Fund
The NMTC supported Rich Products’ new state-of-the-art frozen dessert processing center is located in Missouri City, Texas.
- St. Johnsbury,
- VT
- (2024)
- CDE(s): Evernorth Rural Ventures, Mascoma Community Development, MHIC, Mid-City Community CDE, USBCDE
The construction of a 24,338 sq. ft. manufacturing facility and the acquisition of new machinery for WETI, a global leader in electrical insulation for transformer manufacturers and transformer users.
- Moline,
- IL
- (2024)
- CDE(s): Central Bank of Kansas City, FirstPathway Community Development
Parr Instrument Company Expands for the First Time in 30 years Increasing Production Capacity in Severely Distressed Community in Moline, IL.
- Santee,
- SC
- (2024)
- CDE(s): CEI Capital Management, Hampton Roads Ventures, Innovate Fund, Mascoma Community Development, Truist
Construction of a new 125,000 ton peanut shelling facility in a non-metropolitan, severely distressed census tract in Santee, SC.
- Madison,
- SD
- (2024)
- CDE(s): CEI Capital Management, Community Development Venture Capital Alliance, Dudley Ventures, TruFund
Industrial manufacturer expands their production facility following a long-awaited advancement in polyethylene production.
- Mobile,
- AL
- (2024)
- CDE(s): Truist, United Bank of Alabama
Investment into manufacturer restores lost jobs and helps to revitalize distressed community.