Fab-Tek
Fab-Tek of Central Mississippi, Inc., is a locally owned, light manufacturing business specializing in fabricating metal, polymers and plastics. The company produces and retools light manufacturing equipment and components for companies that require customized manufacturing equipment, such as conveyor-based food processors. The company is contracted by its customers, who primarily operate in the poultry and […]
Milwaukee Tool
Milwaukee Tool used NMTC financing to expand the facility’s manufacturing capabilities by upgrading the current outdated facility and purchasing new, innovative, state-of-the-art equipment to further support its growing hole saw manufacturing operations. This endeavor will increase Milwaukee Tool’s manufacturing capabilities to meet growing demand, modernize facility operations, and accommodate its growth into new territories. PB […]
Consolidated Catfish Producers
PB Community Impact Fund provided a $3.6 million New Market Tax Credit enhanced loan to Consolidated Catfish Producers to refinance high-interest debt that was burdening its operations. Consolidated Catfish Producers in a Mississippi based company that was founded in 1967 and provides consumers with fresh quality fish products. Consolidated Catfish Producers in the largest employer […]
Mississippi Center for Innovation and Technology
Adaptive reuse of a 50,000 sf. registered historic factory/warehouse into a learn/work hub containing an entrepreneurial center, a graduate center, a State Technology Transfer Center, and a craft brewery.
McNeely Plastic Products
Premium-quality flexible packaging solutions provider McNeely Plastic Products has revealed plans to expand its plastic product manufacturing facility in Clinton, Mississippi, US. The company received $4.5m Federal NMTC (NMTC) allocation and $4.38m in Mississippi State NMTC allocations from UB Community Development (UBCD), a community development partner of United Bank. PB Community Impact Fund provided $12 […]
Robert L Jackson, Quitman County Development Organization, Inc., Marks, MS
This is a powerful development tool that we need to keep in the arsenal.
Brian Jernigan, McNeely Plastic Products Inc, Clinton, MS
Receiving this capital allowed us to create new jobs and increase the living wage for an underserved community.
Jessica Horner, Trustmark National Bank, Jackson, MS
I have had the opportunity work on projects that have created so many good paying jobs in communities that really need them as an employee of a bank owned CDE. The funds from this program help so many relationships to be built across the board to help communities in need get good jobs, healthcare, healthy […]
Ann Williams, Executive Director of the Coahoma Collective
Travelers will be more than a hotel – this is a space designed to support local artists and cultural traditions through year-round exhibitions, performances and events.
Image Industries
In October 2021, AMCREF Community Capital provided $7.5 million of NMTC financing to Image Industries, Inc.
Cindy Griffin Profile
Bennie Thompson (D-MS02)
Greg Hunt, CEO, NuFarm, Greenville, Mississippi
The opening of the Greenville plant is a milestone for Nufarm’s business. It broadens our manufacturing footprint beyond our facilities in Chicago to a true North American based platform. This is a facility where we can work more closely with our distribution partners to service the needs of farmers.”
Donald Gray, Mayor, Water Valley, Mississippi
Water Valley Mayor Donald Gray agreed the economic, social, and physical components of this project is going to be a great change” for the city. The physical part is going to make our city much better. The economic, I can’t even start to imagine. …Hopefully a lot of these students will come back and build […]
Alan Lange, MuniStrategies, LLC, Jackson, Mississippi
Our CDE service area is in the heart of American poverty in the rural South. Everyday, we see the impacts that building businesses with lasting impact in low income communities have on these areas with the most need. NMTC is a program that works for rural America.
Montfort Jones Memorial Hospital
The renovation and expansion of the Montfort Jones Memorial Hospital which provides critical healthcare services to an extremely rural, medically underserved population in Mississippi.
Field Health System
Through partnerships with banks from inside and outside of the region, HOPE was able to use the NMTC Program to finance the construction of a new facility in a community where 4 out of 10 families live in poverty.
Project Everest
Multi-Tenant Education and Technology Innovation Hub that expands coding-education and workforce training opportunities for an underserved diverse population in rural Mississippi.
Empire and Stribling Winona
Construction of a new, state-of-the-art heavy truck dealership which will offer sales and support for new, used, rental and leased heavy-duty trucks and equipment.
Express Grain Terminals Greenwood
NMTCs financed the expansion of a soybean processing facility, which includes additional equipment purchases and operating cash to support grain procurement.
Choctaw Community Facilities
The Mississippi Band of Choctaw Indians used the NMTC to support its new early childhood education centers and an elementary school expansion.
Westport Linen Services
Funds for leasehold improvements, equipment purchases, and working capital for a new facility.
Fred Netterville Lumber
Netterville’s mill was damaged extensively by fire and was seeking capital to restore capacity and rebuild more efficiently, reducing energy usage by 45%.
Vicksburg High School
Renovation work is underway at Vicksburg High School.
The Iron Horse Grill MS/Music Experience
The Iron Horse Grill MS/Music Experience development is a 15,000 sq. ft. historic/NMTC development.
Republic Charter Schools
After successfully growing and stabilizing three middle schools and one high school in Nashville, RePublic Schools launched Reimagine Prep in the fall of 2015 in Jackson, MS.
Habitat for Humanity MCA
Habitat for Humanity Mississippi Capital Area invested $5.7M in Midtown and west Jackson areas by creating or renovating 50 homes.
University Park at Jackson State University
The acquisition and construction of a mixed-use facility directly across the street from a newly-built Jackson State University Student Union.
Chawla Hospitality Academy
NMTC financing supports a new job-training institute that is now designed to attract hospitality trainees from across the region.
Express Biodiesel
Express Biodiesel built a new plant to produce up to 15 million gallons per year of biodiesel from locally sourced soybean oil and waste poultry processing oils.
NuFarm
NMTC and NuFarm bring quality manufacturing jobs to Greenville, Mississippi
Travelers Hotel
NMTC financing supported a construction loan for the rehabilitation of historic hotel in Clarksdale, MS, run by an artist co-op.
Baptist Leake Hospital
This is a major investment in the healthcare of a severely distressed rural area in Carthage, Mississippi.
Will Shurtleff, First Vice President, BancorpSouth, Jackson, Mississippi
The NMTC allows projects in distressed communities that may not otherwise be feasible to not only be completed, but thrive. The NMTC subsidy allows public/private partnerships to provide much-needed capital to create and retain jobs, provide healthcare and goods and services to populations in rural communities that have historically not had access to such.
Romona Taylor Williams, Executive Director, Montgomery Communities United for Prosperity, Duck Hill, MS
Rural officials, businesses, community based organizations and residents face overwhelming challenges to solving the extraordinary socio-economic barriers that impede achieving a healthy quality of life and prosperity. NMTC’s are a significant tool to help overcome such barriers and attract private investments in community and economic development.