West Virginia Great Barrel Company Project 2

NMTC financing supported the West Virginia Great Barrel Company Project.

Investment

  • NMTC Amount: $11,000,000
  • Total Project Cost: $18,418,653

IMPACT

  • 138 FTE jobs
  • 4 construction jobs

Investor

Project Description

A few years ago there was a flood in White Sulphur Springs, WV that destroyed the town. While they rebuilt homes, they knew that there had to be business to sustain the area. They built a cooperage for a project in conjunction with Smooth Ambler Spirits by creating barrels. This was the 2nd phase of the project.

MAP

Address: 546 Mountain Home Drive, Caldwell, WV 24925

Census Tract: 54025950700

Other West Virginia Projects

For over 40 years, The Lyme Timber Company LP has invested in US timberland.
Funding to remodel the lower floor of a medical building, allowing for the addition of doctors and staff.
Rural Development Partners and the National Development Council used the NMTC to help West Virginia Great Barrel Company (WVGBC) construct a new barrel manufacturing facility in White Sulphur Springs, WV.
A full-scale rehabilitation of a vacant 37,000 sq. ft. 4-story brick structure originally built in 1922 to house a major tenant offering impactful community services.