New Markets Tax Credit Coalition

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  • Memphis,
  • TN
  • (2019)

Natureplex

District: Steve Cohen (D-TN09)

Financing to Natureplex to support the purchase and equipping of a new facility

Investment

  • NMTC Amount: $7,500,000
  • Total Project Cost: $7,642,687

IMPACT

  • 141 FTE jobs
  • 9 construction jobs

CDEs

Investor

Project Description

River Gorge Capital provided $7.5 million in NMTC financing to Natureplex to support the purchase and equipping of a new facility. The project supported the expansion of the manufacturer of value-priced over the counter pharmaceutical products.

MAP

Address: 5015 East Raines Road, Memphis, TN 38118

Census Tract: 47157022600

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