J-M Foods, LLC

New Markets Tax Credit Coalition

Miami,
OK
(2020)

J-M Foods, LLC

Business Development, Food Manufacturing, Manufacturing, Rural, Timber and Agriculture

Construction of a production facility for hydroponic mushrooms.

Investment

NMTC Amount: $10,000,000
Total Project Cost: $10,000,000

IMPACT

510 FTE jobs
80 construction jobs
34,000 sq. ft. of real estate

CDEs

REI Development Corp

Investor

US Bank

Project Description

J-M Farms Inc., began in 1979 when Virgil Jurgensmeyer, Joe Jurgensmeyer and Darrell McLain founded the company. Today, the farm produces over 28,000,000 pounds of mushrooms per year.

NMTC financing from REI Oklahoma supported the construction and equipping of a 34,000 sq. ft., highly efficient, hydroponic mushroom pasteurization and production facility for J-M Foods, LLC (J-M Farms) in Ottawa County, Oklahoma.

MAP

Address: 7001 South 580 Road, Miami, OK 74354

Census Tract: 40115574600

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