Rep. Sewell, colleagues introduce bipartisan New Markets Tax Credit Extension Act
This legislation aims to spur investment and economic growth in rural and underserved communities.
Nextec
Renovation and restoration of the vacant 47,000 sq. ft. 90-year old historic Edwards Motor Company building.
1917 Clinic at Dewberry and the Magic City Wellness Center
This transaction will provide additional benefit to a multi-tenant health care and wellness facility serving low-income, uninsured, and under-insured people living with HIV/AIDS in Birmingham, AL. The 80,000 s.f. facility was specifically designed for patient use and provides its tenants with desperately needed space to expand operations and serve more patients at the highest standard […]
HarbisonWalker International Plant
The project at Fairfield will include the removal of antiquated equipment and installation of new, modernized manufacturing equipment. The current plant configuration and equipment are not setup for use in manufactuing magnesia carbon refractrories. The initial plant facility was closed in 2019 and approximately 100 jobs were lost when HWI made the entrepreneurial decision to […]
Rep. Terry Sewell (D-AL)
“I am delighted to see the increased investment in the GMI Selma operation. The New Markets Tax Credit enhances the economic opportunity for many families and businesses in the area. The product from GMI also supports U.S.-based manufacturing for critical strategic materials which feed our nation’s supply chain for semi-conductors, solar energy products, military energy […]
Globe Metallurgical, Inc.
$13.5 million in New Markets Tax Credit allocations toward the silicon metal manufacturing facility in Selma, Alabama