Modern Mill, Inc.

New Markets Tax Credit Coalition

McComb,
MS
(2021)

Modern Mill, Inc.

Manufacturing

New investment will fuel Modern Mill’s rapid growth, helping it to expand its zero-waste production capacity and nearly triple its current employee base.

Investment

NMTC Amount: $4,959,718
Total Project Cost: $25,993,052

IMPACT

141 FTE jobs

CDEs

Advantage Capital, Community Development Venture Capital Alliance

Investor

Unknown

Project Description

Modern Mil is a manufacturer of a sustainable, wood alternative product. This project provided the Company with working capital. This working capital will help to support Modern Mill’s growth and to expand its production capacity.

MAP

Address: 1140 Frank Oakes Road, McComb, MS 39648

Census Tract: 28113950500

Other Mississippi Projects

Fab-Tek

Hazlehurst,
MS
(2023)

Manufacturing

CDE(s): Southern Community Capital

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

High Point LLC

Corinth,
MS
(2022)

Loan Fund, Manufacturing

CDE(s): Advantage Capital

High Point is a manufacturer that provides surface mount and through hole printed circuit board assembly services. The project provided funds to refinance debt and provided working capital. The project

Modern Mill, Inc.

McComb,
MS
(2021)

Manufacturing

CDE(s): Advantage Capital, Community Development Venture Capital Alliance

New investment will fuel Modern Mill’s rapid growth, helping it to expand its zero-waste production capacity and nearly triple its current employee base.

Empire and Stribling Winona

Winona,
MS
(2020)

Automotive, Retail, Retail and Commercial, Rural

CDE(s): Brownfield Revitalization, Capital One, Three Rivers CDE

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.