New Markets Tax Credit Coalition

Search

PeroxyChem

PeroxyChem Installs Largest Peracetic Acid Wastewater Disinfection System in the World

Investment

  • NMTC Amount: $18,400,000
  • Total Project Cost: $19,162,738

IMPACT

  • 36 FTE jobs
  • 96 construction jobs

Investor

Project Description

PeroxyChem constructed a manufacturing facility in Memphis, TN to produce an innovative peracetic acid based wastewater treatment product called VigorOx WWT II for the city of Memphis and surrounding communities. PeroxyChem’s flagship large scale facility produces an innovative peracetic-acid based wastewater treatment product, VigorOx WWT II, for the city of Memphis and surrounding communities.

VigorOX replaced chlorine gas, a common wastewater treatment chemical which is highly toxic to both humans and aquatic life. This cost-effective solution can help cash-strapped cities across the nation that are struggling with the need to replace chlorination systems.

MAP

Address: 2303 North Second Street, Memphis, TN 38127

Census Tract: 47157009901

Other Tennessee Projects

Renovation and construction of a new facility establishes community resource hub and increases service capacity to Whitehaven residents
Financing for a technology manufacturer.
Finances working capital and expansion plans for Loving Arms, LLC, a business with locations in Jackson and Memphis, providing home healthcare services to seniors and individuals with intellectual and development
The renovation of two historically-significant buildings and the construction of the green, LEED gold certified “Court Annex 2” building to create an urban center that offers 74 live/work units, 40,500