New Markets Tax Credit Coalition

Valley Minerals

Founded in 1927, Valley Minerals is a stocking manufacturer of dolomitic quicklime and is one of the largest employers in Bonne Terre, Missouri.

Investment

  • NMTC Amount: $7,500,000
  • Total Project Cost: $8,100,000

IMPACT

  • 6 FTE jobs

Investor

Project Description

Founded in 1927, Valley Minerals is a stocking manufacturer of dolomitic quicklime and is one of the largest employers in Bonne Terre, Missouri. The community has a limited number of employers and counts heavily on Valley Minerals for occupations. With their Midwest Industrial Redevelopment Fund NMTC-financed loan, they have been able to make critical equipment upgrades needed to expand the lifespan of their plant.

MAP

Address: 6600 Old Bonne Terre Road, Bonne Terre, MO 63628

Census Tract: 29187950101

Other Missouri Projects

Construction of a 200,000 sq. ft. warehouse/distribution center.
The construction of a peanut processing plant that allows Delta Peanut, a cooperative of 73 family-owned peanut farms, to process and directly sell its peanuts, rather than outsourcing this activity

This investment will finance the renovation of a former grocery-anchored shopping center located in Dellwood, MO that has remained vacant for almost 18 years into a vital resource for the

Financing supporting building renovations, equipment upgrades and expansion of educational and civic content for Kansas City PBS.